Verus Ethereum Bridge Reportedly Exploited for $11.58 Million
Verus Protocol’s Ethereum bridge was reportedly exploited on Monday through a fake cross-chain transfer message that allowed a hacker to fraudulently transfer out at least $11.58 million in cryptocurrency.Onchain security platform Blockaid…
Echo Protocol Hacked for $76.7M in Admin Key Exploit
Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain.Blockchain security firm PeckShield and analytics platform…
SEC Exemption Tokenized Stock Trading: Report
The US Securities and Exchange Commission is reportedly making an “innovation exemption” for blockchain-based tokenized trading of public companies, even those that don’t consent to the third-party tokens tracking their share…
Ethereum Price Prediction: ETH Faces Critical Test at $2,100 Support
TLDR:
Ethereum is still trapped inside a descending channel after rejection at macro resistance.
The $2,050 to $2,100 zone is now the most important support area for ETH bulls.
A rebound from current levels could open the path…
Grayscale, VanEck Amend BNB ETF Applications
Asset managers Grayscale and VanEck filed amended S-1 registration statements for their respective spot BNB exchange-traded funds on Friday, bringing the cryptocurrency one step closer to becoming an approved US crypto ETF. Grayscale filed…
Chiliz price rebounds – Here’s how CHZ can hold its bullish structure
Earlier bearish momentum gradually faded once Chiliz stabilized inside the broader $0.0351 to $0.0389 accumulation corridor. Each decline toward the lower boundary…
Senate Crypto Bill Might Pass as Late as August: NYDIG
The US Senate’s crypto market structure bill could take until August to pass and risks not advancing at all if lawmakers cannot pass it before the midterms, said Greg Cipolaro, head of research at financial services firm NYDIG.Patrick Witt,…
Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack
Aave users are now able to borrow against wrapped Ether on the decentralized finance protocol again, as the Kelp DAO exploit recovery plan continues to progress. Aave founder Stani Kulechov said in an X post Sunday that the protocol…
Blackrock’s Onchain BUIDL Fund Secures Top AAA-mf Rating From Moody’s
Key TakeawaysBlackrock’s BUIDL fund secured a top AAA-mf rating from Moody’s this week for its $2.58 billion AUM.The AAA-mf rating signals that tokenized Ethereum assets now meet the highest institutional safety standards.Following the…
Sharplink CEO Points out 3 Catalysts for Ethereum’s Price to Surge Higher
Ethereum needs three catalysts to fall into place for its price to regain momentum and surge higher, according to SharpLink Gaming CEO Joseph Chalom.“One is the CLARITY Act to pass in the US,” Chalom pointed out in an interview with Robert…