The post Chainlink active addresses reach 8-month high as DeFi protocols migrate $700M in assets appeared on BitcoinEthereumNews.com.
Chainlink just recorded its busiest stretch in eight months, driven by a sharp rise in on-chain activity following major infrastructure migrations into its cross-chain ecosystem. On May 9, the network recorded 282,170 unique active LINK addresses, followed by 264,090 on May 10, the highest level since September 2025, according to Santiment data. 🔗 ChainLink just recorded its two highest address activity days in 8 months. On May 9th, 282,170 unique LINK addresses were active on the network, followed by 264,090 on May 10th. The network hasn’t seen these levels since September, 2025. When a metric like this erupts this… pic.twitter.com/qgQiiDI7EY — Santiment Intelligence (@SantimentData) May 11, 2026 The spike came shortly after Solv Protocol announced plans to migrate more than $700 million in tokenized Bitcoin assets, including SolvBTC and xSolvBTC, from
Institutional traders' increased activity amid market volatility suggests a shift towards risk-taking, potentially boosting financial market dynamics.
The post JPMorgan’s prime-brokerage balances hit record high amid market volatility appeared first on Crypto Briefing.
The proposal could reshape economic equity, influencing global tech policy and investor strategies amid labor tensions and market volatility.
The post South Korea proposes citizen dividend funded by AI profits amid Samsung labor dispute appeared first on Crypto Briefing.
The post LINK Price Eyes $15 as Chainlink Network Activity Hits 8-Month High appeared on BitcoinEthereumNews.com.
The post LINK Price Eyes $15 as Chainlink Network Activity Hits 8-Month High appeared first on Coinpedia Fintech News The LINK price continues to trade within a bullish structure after rebounding strongly from the recent lows and holding above a crucial support range near $10. The token has maintained steady upward momentum despite the broader market volatility, fueling speculation of a larger breakout rally toward the higher targets. Meanwhile, on-chain activity has surged sharply in the background, which is the highest level recorded since September 2025. With the ecosystem growing and a significant rise in the trader’s activity, can the LINK price break out of the consolidation and reach $15? Chainlink Network Activity Surges to Multi-Month High The latest Santiment data reveals a massive spike in Chainlink network participation, with more than 282,000 LINK addresses be
The post What happened in crypto today: $101K DeFi hack, MARA’s $1.3B loss, and more appeared on BitcoinEthereumNews.com.
Ethereum developers have launched an initiative to fix a structural flaw that has caused billions in user losses, including the Bybit hack. Outdated DeFi infrastructure can remain vulnerable even after migrating to new architectures, as seen in the Huma Finance exploit. Notably, Bitcoin [BTC] mining firm MARA posted hefty losses in Q1 2026, with most of that attributable to the crypto downturn. Here’s a closer look at what happened in crypto today. An open standard designed to end blind signing Recently, Ethereum advocates put forth a “clear signing” initiative that will eliminate the “low-level, machine-readable formats” of transaction approval that are accurate but need technical expertise to parse. Instead, they seek to move towards clear, human-readable, and structured descriptions of what a transaction will do. Wallets can consistently present this information
The post Ink Ecosystem Gains Institutional Liquidity via New Maple Finance Partnership – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Maple integrated with Ink on May 13, 2026, to expand institutional yield products to layer two ( L2) users. The launch scales DeFi by giving 10 million Ink users access to Maple’s $3.8 billion AUM ecosystem. Users can soon access syrupUSDT on the Tydro protocol as Maple eyes further onchain fintech expansion. Onchain Yield Expansion: Maple Deploys syrupUSDT on OP Stack-Based Ink The move is designed to broaden access to the firm’s dollar-yield product, known as syrupUSDT, throughout the Ink decentralized finance ( DeFi) ecosystem, according to the announcement shared with Bitcoin.com News. This strategic deployment aims to provide institutional-grade yield to a global user base that includes more than 10 million retail and professional participants. By establishing syrupUSDT as a core asset on the network, Maple is seeking to bridge th
The post Transit Finance hack drains $1.88M from cross-chain protocol appeared on BitcoinEthereumNews.com.
Latest exploit marks another setback for decentralized finance infrastructure, notably cross-chain systems that have remained a prime target for hackers. Summary Transit Finance lost about $1.88 million in a fresh exploit flagged by blockchain security firm PeckShield. The attack adds to mounting pressure on DeFi protocols and cross-chain aggregators after more than $1 billion in crypto hacks this year. No recovery roadmap or technical post-mortem has been released by Transit Finance as of publication. Transit Finance, a decentralized cross-chain aggregation protocol, suffered an exploit that drained roughly $1.88 million from the platform on May 13, according to blockchain security monitor PeckShield. The breach was first reported by ChainCatcher, citing PeckShield monitoring data. Transit Finance had not issued a detailed public explanation or recovery plan at the time of public
The exploit highlights the persistent vulnerability of DeFi systems, risking investor confidence and potentially stalling sector growth.
The post DeFi protocol Transit Finance reportedly hit by $1.8 million exploit appeared first on Crypto Briefing.
Latest exploit marks another setback for decentralized finance infrastructure, notably cross-chain systems that have remained a prime target for hackers. Transit Finance, a decentralized cross-chain aggregation protocol, suffered an exploit that drained roughly $1.88 million from the platform on May…