More than $3 billion in DeFi value is moving toward Chainlink’s CCIP after the KelpDAO exploit exposed weaknesses in bridge verification.

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	Forwarded this email? Subscribe here for more Chainlink emerges as the unlikely $3B winner of KelpDAO exploit as DeFi projects dump LayerZero More than $3 billion in DeFi value is moving toward Chainlink’s CCIP after the KelpDAO exploit exposed weaknesses in bridge verification. May 11   READ IN APP   A fresh Monday market snapshot is ready. Chainlink is quietly capturing over $3 billion in DeFi flows as protocols flee compromised bridges, while Morgan Stanley’s MSBT shines in its debut month against a six‑week Bitcoin ETF inflow streak, and the $16.5 billion damage from recent exploits is finally forcing DeFi to confront the controls it once rejected. Get the latest crypto news highlights below. The global crypto market cap is $2.7 trillion, with a 24-hour volume of $109.25 billion. The price of Bitcoin is $81,027.92, and BTC market dominance is 60.1%. The price of Ethereum is $2,322.13, and ETH market dominance is 10.4%. The best-performing sector is DeFAI, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (48). 📰 Top News Chainlink emerges as the unlikely $3B winner of KelpDAO exploit as DeFi projects dump LayerZero More than $3 billion in DeFi value is moving toward Chainlink’s CCIP after the KelpDAO exploit exposed weaknesses in bridge verification. Morgan Stanley’s MSBT ends first trading month with 0 outflows amid Bitcoin ETFs 6-week inflow streak US spot Bitcoin ETFs have drawn $3 billion since early April, providing a strong macroeconomic tailwind for MSBT’s zero-outflow first month. After the $16.5 billion in exploits, DeFi is now being forced toward the controls it once resisted Aave’s rsETH bad debt shows DeFi’s next security crisis rests in broken assumptions across bridges, governance, collateral listings, and risk controls. Buy Borrow Die Guide Series: Why collateral reuse is the hidden risk in crypto lending Rehypothecation is a core risk in crypto lending. Learn how collateral reuse works, why it has amplified past failures, and how to evaluate safer platforms. Brought to you by CoinRabbit. Read the Guide 🗞️ More News CLARITY Act’s markup progress now hinges on these Democrat lawmakers Tether launches decentralized local AI using Isaac Asimov’s Psychohistory straight out of Foundation IRL crypto threats: Physical “wrench attacks” have led to over $100 million in losses since January alone 8 reasons to lock in always-on visibility on CryptoSlate If your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, and cited by The New York Times, Reuters, Harvard Business Review, and more. Momentum you can measure. Our editorial refocus is working; over the past 90 days, traffic is up 90%. Coverage where buyers live. Beyond news, our site spans asset profiles plus directories of people, products, and companies. Being seen on CryptoSlate builds durable brand authority. Real thought leadership. 500+ contributed pieces from top founders and executives, many ranking in the monthly top 5 by views. New product offerings that convert. We have expanded inventory with high-intent placements across Reviews and Guides, built for buyers comparing options and making decisions. Differentiated reporting. We zoom out, then explain why a story matters. That is why our coverage earns quality backlinks and citations, including multiple source links from Bloomberg. Readers who move markets. Our stories are read and shared by leaders like Binance founder CZ, Ethereum co-founder Vitalik Buterin, Tether CEO Paolo Ardoino, and public officials including El Salvador President Nayib Bukele and senior members of the U.S. Congress. Data-guided editorial. We program to demand. Bitcoin consistently leads attention, and our coverage reflects where adoption and buyer intent actually sit. View Our Media Kit About CryptoSlate CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments? Get in touch with us here. Connect with Us Telegram • X • Google News • LinkedIn • Instagram   Like Comment Restack   © 2026 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe