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Ethena Extends LayerZero OFT Cross-Chain Bridge Suspension Period

2 hours ago

April 20: Ethena announced in an official post that it is extending the suspension of its LayerZero OFT cross-chain bridge, citing an unsatisfactory root cause analysis of the rsETH incident. The protocol also released its latest Proof of Reserve, audited by four independent third-party firms: Chainlink, Chaos Labs, LlamaRisk, and Harris & Trotter. The audit confirms Ethena’s USDe collateralization ratio remains above 100%. Results are publicly available on Ethena’s transparency page and data dashboard. The team noted it will continue monitoring the situation and share further updates.
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EasyDNS has admitted responsibility for the hijacking of eth.limo, citing the company's first social engineering attack in its 28-year history.

April 20 — The Ethereum Name Service (ENS) gateway eth.limo was briefly hijacked at its domain registrar Friday night, according to The Block. In a post-incident analysis report released Saturday, the project team attributed the breach to a social engineering attack. Per the post-incident report and a separate blog post by Mark Jeftovic, the attacker impersonated an eth.limo team member on April 17 at 7:07 p.m. Eastern Time to trick domain registrar EasyDNS into initiating an account recovery process. Timeline details: - 2:23 a.m. April 18: The attacker switched eth.limo’s domain servers to Cloudflare, triggering an automatic downtime alert that notified the eth.limo team. - 3:57 a.m.: Domain servers were switched back to Namecheap. - 7:49 a.m.: EasyDNS restored the team’s account access. Eth.limo is a free, open-source reverse proxy service that lets users access ENS-linked content (hosted on IPFS, Arweave, or Swarm) by appending “.limo” to any .eth domain — enabling ac

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Meme Coin TROLL Market Cap Surges Above $20 Million, 24-hour Growth Rate Reaches 33%

April 20th – Per GMGN monitoring (link: https://gmgn.ai/sol/token/i_m4TE56o8_5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2), Solana-based meme coin TROLL saw a sharp surge in market cap this morning. It jumped from $16.6 million, breaking above $22 million, and is now trading around $21 million—representing a 33% 24-hour gain, with $2.4 million in trading volume over the same period. BlockBeats notes that meme coins are highly volatile, often driven by market sentiment and hype, with no underlying value or use case. Investors should be aware of the associated risks.

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Matrixport-affiliated Whale Reappears Bullish, Opens $100 Million ETH Long Position

April 20th — Per HyperInsight monitoring (https://t.me/HyperInsight), the largest ETH whale at Matrixport added to their bullish positions in the past 3 hours. They opened a long position of ~44,000 ETH (total value: $101 million) at an average entry price of $2,289. In the past half-hour, one address (0xa5b...) partially closed some long positions at $2,291, locking in a modest $120,000 profit. The position was previously valued at ~$10.02 million. The other sub-address (0x6c8...) still holds a ~$91 million ETH long position, with an unrealized loss of $480,000 (-10%). Addresses: 0x6c8512516ce5669d35113a11ca8b8de322fd84f6 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41

1 minutes ago

Analysis: BTC Fills the Gap Above $72,000, Restoring Market Confidence

April 20th — On-chain data analyst Murphy noted that Bitcoin (BTC) has begun filling a gap, and this cycle features a "cursed" range in BTC’s on-chain structure: $72,000 to $80,000. This range has been quickly crossed during both the 24-year bull run and 26-year bear market, leaving incomplete on-chain reshuffling and a fracture in BTC’s on-chain structure. Amid recent price swings, BTC’s gap has narrowed to $78k–$80k, with nearly 200,000 BTC traded in the $76k–$77k range between April 17–18. Inflows at this level signal a gradual recovery in market confidence. A full reshuffling would evenly distribute holdings across price levels, accelerating the formation of a bottom structure. During recent volatility, the $63k–$68k accumulation zone held, and the upper gap was filled — inadvertently boosting the odds this range becomes the market bottom.

1 minutes ago

Meteora: Acknowledging the Vercel Security Incident, Environment Key Rotated and Logs Reviewed

April 20: Solana-based DeFi protocol Meteora stated it is aware of recent developments surrounding the security incident at cloud hosting platform Vercel. Its team rotated environment keys immediately 12 hours ago, checked logs, and confirmed everything is normal. The team will continue monitoring the situation to safeguard Meteora and its users.

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The Bless project team continues to sell off tokens, selling 37.84 million BLESS tokens 4 hours ago in exchange for 334 BNB.

April 20 Per EmberCN monitoring, the Bless project team sold 300 million BLESS tokens ($3.83 million) recently, triggering a 71% price drop. Of that total, 200 million were sold to Bitget, while 100 million were dumped on the BSC chain. Four hours ago today, the team resumed selling: they transferred 100 million BLESS tokens ($600k) from the SOL chain to BSC for further dumping. To date, they’ve offloaded 37.84 million BLESS for 334 BNB, equal to roughly $210k.

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