LayerZero said it partnered with Keeta to support transfers of tokenized commercial bank deposits across Keeta Network, Ethereum, Solana and Base, combining LayerZero interoperability with Keeta compliance tools for institutional settlement. Keeta Stablecoins are backed by commercial bank deposits held by Bivo, a US licensed fintech platform, and are set to launch later this month starting with USD.

Hyperliquid News monitoring shows a whale increased a long position in XYZ100 to 2,353 contracts, valued at about $67 million. The wallet now represents 19.19% of total XYZ100 open interest, while other holdings are unchanged. The position currently shows an unrealized loss of about $913,600.

LayerZero and Keeta said July 23 they will work to bring regulated commercial bank funds onto public blockchains, combining LayerZero interoperability with Keeta compliance infrastructure. The Keeta stablecoin is backed by commercial bank deposits held through Bivo and is designed for institutional treasury and payment transfers across Keeta, Ethereum, Solana, and Base.

Uniswap governance is considering a limited pilot on Optimism that would route protocol fees from selected pools to buy and burn UNI, aiming to link onchain trading activity more directly to token economics. The trial would test pool selection, fee share, execution and audit processes, plus governance and legal considerations before any broader rollout.

Morning Crypto Report: US-listed ETFs have absorbed 1.47% of XRP's circulating supply as the market looks ahead to a Senate vote. Separately, Grayscale has pushed back against the idea that Bitcoin's halving alone drives price performance, challenging a long-held market narrative. In DeFi, attackers drained a combined $35.5 million across two consecutive exploits.

PANews, July 23 — CryptoRank data shows cumulative trading volume in onchain perpetual contracts has climbed past $15 trillion. The sharpest expansion came in 2024–2025, when volumes jumped 200%, fueled by Hyperliquid's scaling push and broader growth among onchain perpetual DEXs as the market gained traction. Since January 2026, Hyperliquid has remained the top venue, contributing 30% of total trading volume.

PANews, July 23 — Ethereum Layer2 project Taiko published a post-incident report on the June 21 security event, stating that no users incurred losses. The attacker siphoned about $1.75 million from the bridge and treasury, while more than $11 million in funds were safeguarded. Taiko said that since the network was restored, all balances on Taiko have been fully backed on a 1:1 basis. Taiko noted the exploit did not compromise the protocol itself: smart contracts continued to operate normally and zero-knowledge proof cryptography was not impacted. The breach originated off-chain, where a leaked signing key and an operational oversight enabled the attacker to forge proofs and bypass the prover whitelist. Taiko added that existing controls helped limit the damage. The bridge's daily cap slowed the outflow of funds, and the Security Committee suspended both the bridge and treasury within hours, blocking additional transfers.

Taiko, an Ethereum Layer 2 network, published a June 21 post-incident report detailing a security breach traced to a leaked offchain signing key and a missing verification step. The combination allowed attackers to forge proofs and bypass the Prover whitelist. Taiko said neither its ZK cryptography nor its smart contracts were compromised. The attackers extracted about $1.75 million from the cross-chain bridge and Vault. Taiko added that more than $11 million in assets remained safeguarded and no user funds were lost. The team has patched the flaw, reverted the network to its pre-attack state, and resumed operations on July 2. An OpenZeppelin review found no remaining high-, medium-, or low-severity issues. Taiko also said its Unzen upgrade, scheduled for August 6, will require a ZK proof for every block, a change intended to further strengthen network security.

Taiko, Ethereum's Layer 2 network, released a postmortem on July 23 (UTC+8) outlining the June 21 security incident, ME News reported. According to Taiko, the exploit began off-chain. The attacker used a leaked signing key along with a monitoring blind spot to forge proofs and circumvent the prover whitelist. Taiko added that its zero-knowledge proof encryption was not impacted. Taiko said its safeguards limited the damage. A daily bridge cap slowed potential outflows, and the Security Committee halted bridge and treasury operations within hours, blocking additional fund movements. The team said no users incurred losses. The attacker took about $1.75 million from the cross-chain bridge and the treasury, while more than $11 million in funds were protected. Taiko said that since the network was restored, all balances on Taiko have been fully backed 1:1. (Source: Foresight News)