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A coordinated exploit drained approximately $11.5 million from the Verus-Ethereum bridge on May 18, with security firm Blockaid linking the attacker’s wallet to Tornado Cash. Attacker Converts Loot to ETH and Tornado Cash Trail Emerges The Verus-Ethereum bridge was drained of approximately $11.5 million in a coordinated exploit, with analytics confirming that the attacker extracted … Read more
Despite a broader cryptocurrency market sell-off that dragged Bitcoin below $77,000, the HYPE token rebounded by over 5% on Monday, briefly matching and surpassing its previous peak of $47. HYPE Rebounds Amid Crypto Sell-Off Just days after plunging nearly 10% on reports that rivals ICE and CME had urged U.S. regulators to target Hyperliquid, HYPE … Read more
Cross-chain bridges, infrastructure that allows assets to move between separate blockchain networks, have now lost $328.6 million to attackers across eight separate incidents in May 2026. Crypto’s Worst Year for Cross-Chain Hacks Blockchain security and data analytics firm Peckshield released a mid-May tally of eight bridge-related exploits that collectively drained $328.6 million from cross-chain protocols … Read more
Real Vision co-founder Raoul Pal says the artificial intelligence competition between the U.S. and China is unlike any geopolitical rivalry in history, a race not for territory or weapons, but for the substratum of intelligence itself. Pal Warns the AI Race Has No Clear Winner Retired Goldman Sachs hedge fund manager and co-founder of financial … Read more
Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports. Go to Source
Two security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether. Go to Source
Bitcoin fell below $77,000 on Monday, extending a four-day losing streak, triggering $657 million in total liquidations across crypto markets in 24 hours, with long positions bearing the brunt of the pain. BTC Flash Crash Wipes $584 Million in Longs Bitcoin’s latest decline pushed the asset below the $77,000 mark for the fourth consecutive day … Read more
Fundstrat’s Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday. Go to Source
Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz. Go to Source
AMGI Studios recently announced the launch of its native token, HOOLI, for the My Pet Hooligan entertainment franchise, featuring an airdrop on May 18. Token Utility and Ecosystem Integration Transmedia entertainment franchise My Pet Hooligan recently announced plans to launch its native token, HOOLI, tying the debut to the 30th episode and finale of its … Read more