Gate News message, April 24 — ether.fi has completed protocol-level security hardening for the weETH cross-chain bridge across most deployment chains, with no vulnerabilities identified. The upgrades proactively eliminate potential risks and grant ether.fi full control over all security-related bridge parameters.
Key changes include: locking LayerZero send and receive message libraries, locking the DVN set and raising the threshold to 4/4, and tightening pair rate limits on ether.fi-owned bridge contracts. Following these upgrades, LayerZero’s multisig cannot modify weETH bridge configuration on-chain, and every inbound message now requires verification from all four DVNs.
ether.fi plans to evaluate introducing a second independent cross-chain stack beyond LayerZero and will conduct systematic risk assessments across all chains hosting weETH.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
Key Insights
XRP maintains weekly strength above major cryptocurrencies as price holds above key EMAs, reflecting sustained momentum despite minor daily declines in trading sessions.
XRPL validators advance lending upgrades through XLS-65 and XLS-66, introducing pooled liquidity vaults and f
CryptoNewsLand8m ago
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity.
Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
CryptoNewsLand9m ago
Charles Hoskinson Launches Midnight With $250M in Tokenized Deposits From Monument Bank
Gate News message, April 25 — Charles Hoskinson, founder of Cardano, has launched Midnight, a privacy-focused blockchain project, with approximately $250 million in tokenized deposits from Monument Bank. The partnership represents a significant institutional collaboration aimed at integrating blockc
GateNews3h ago
JPMorgan ETF Trend Report: API-ification, Active Management at 83%, Tokenization Split into Two Paths—Synthetic and Native
JPMorgan Chase’s report highlights three major trends: 1) AP’s API automated trading accounts for about 50% of top-tier market traffic; 2) in 2025, actively managed ETFs make up 83% of new issuance, and are expected to become mainstream in 2026–27; 3) tokenization splits into two paths: synthetic (mirroring prices through derivatives) and native (issued on the blockchain). The report emphasizes improving transparency and governance with tools such as Athena, and monitors subsequent follow-through and the timeline toward formal productization.
ChainNewsAbmedia3h ago
Drift Product Lead Minh Don Plans Relaunch of Forked Exchange in May or June
Gate News message, April 25 — Drift Protocol's product lead Minh Don announced plans to relaunch the forked exchange in May or June, according to a statement made on the official Discord server. The team will spend several weeks optimizing the codebase, removing and adding features that, while
GateNews4h ago
Fluent Ethereum Layer 2 Mainnet Launches with BLEND Token and $50M Day-One Liquidity
Gate News message, April 25 — Fluent, an Ethereum-based Layer 2 network, activated its mainnet and launched its native BLEND token on Friday, April 25, bringing online a "blended execution" environment that enables applications written for different virtual machines to operate within the same
GateNews4h ago