Bridge Hacks Totaling $650M Drove $7 Billion in Token Value to Chainlink’s CCIP in Q2
A cumulative $650M in cross-chain bridge exploits during Q2 2026 accelerated a $7 billion migration onto Chainlink's CCIP, per the company's own quarterly review.
Marcus Feld is CoinScoop's DeFi and on-chain analyst. He digs into L2 activity, stablecoin flows and protocol revenue, translating raw chain data into plain-English calls.
A cumulative $650M in cross-chain bridge exploits during Q2 2026 accelerated a $7 billion migration onto Chainlink's CCIP, per the company's own quarterly review.
Ripple has launched Ripple Mint, giving institutions API-driven access to mint and redeem RLUSD as the stablecoin's market cap nears $1.6 billion.
Tokenized real-world assets hit $25.1B on Hyperliquid in the week of July 13–19, claiming 52% of the DEX's $48.2B weekly volume — a first for the platform.
Odos, once a top-five DEX aggregator, permanently closes July 30 after monthly volume collapsed ~98% from its $7.85B peak. Social-login wallet users face urgent deadline.
AFX Bridge and Verus lost a combined $31.7M in hours on July 22, while Bitcoin L2 B² Network suspended staking — three DeFi control failures in one day.
Stacks' on-chain governance vote for its Bitcoin staking upgrade passed with 99% support. Most exchanges signal readiness, but mainnet activation has not yet occurred.
Samsung showed a USDC mockup inside Samsung Wallet at Galaxy Unpacked — send, receive, and top-up functions — but no launch date, chain, or issuer partners confirmed.
Former SushiSwap CTO Joseph DeLong announces Deepstate, an order-book DEX launching next week on Robinhood Chain — no specs, no token, just a date.
Hack VC-backed perp DEX Dango halts trading July 29 and closes its Layer 1 blockchain August 13, less than four months after a mainnet launch hit by a $1.9M exploit.
The OCC rejected Wise's US national trust bank charter over money-laundering concerns while approving charters for Ripple and other crypto firms. Wise plans to refile under the GENIUS Act.