Echo Protocol suffered an exploit on Monad, with an attacker minting 1,000 eBTC price roughly $76.64 million. Curvance paused the affected market whereas Echo Protocol suspended all cross-chain transactions. The incident raised May’s operating tally of crypto hacks to 14. How the Echo Protocol Exploit Unfolded On-chain analyst dcfgod first flagged the incident. PeckShield mapped…
Nearly 20% of the world’s oil provide strikes by the Strait of Hormuz. Iran now desires a minimize of it — not by pressure, however by Bitcoin. A Platform Built Around Geography Iran’s Ministry of Economy launched Hormuz Safe on May 16, 2026, a maritime insurance coverage platform that lets cargo operators pay with Bitcoin…
The Japanese bond market is dealing with pressure not seen in a long time. A famend warns of a attainable world domino impact that might influence yields, currencies and credit score world wide. In that situation, XRP emerges as an surprising device to launch trapped liquidity. Why the Japanese Bond Crisis Worries the World? The…
The crypto market will welcome tokens value greater than $770 million in the third week of May 2026. Major tasks, together with Pyth Network (PYTH), LayerZero (ZRO), and KAITO (KAITO), will launch important new token provides. These unlocks might introduce market volatility and affect short-term worth actions. So, right here’s a breakdown of what to…
Ethereum (ETH) has erased all its May beneficial properties, dropping almost 10% previously week. The second-largest cryptocurrency hit an intraday low of $2,097 on Binance on Sunday, its lowest degree since April 7. At press time, the asset traded at $2,116.82, down 2.88% over the previous day. Follow us on X to get the most…
After springing again to life on the again of optimistic CLARITY Act growth, the value of Bitcoin has been comparatively quiet over the previous few days. The premier cryptocurrency, which had been dancing around $82,000, is now barely above $78,000. According to a crypto dealer on the social media platform X, the newest decline in…
Hyperliquid’s HYPE token retreated roughly 6% on Friday after Bloomberg reported that CME Group and Intercontinental Exchange are urgent US officers to scrutinize the decentralized trade’s function in offshore oil-linked buying and selling. The transfer places one among crypto’s fastest-growing derivatives venues in direct pressure with two of essentially the most highly effective incumbents in…
After being rejected from the $1.55 barrier on Thursday, XRP dropped practically 8%, persevering with its consolidation under this important resistance. Amid this efficiency, a market watcher highlighted a multi-year sample that would push the value towards new highs. XRP Multi-Year Pattern Takes Shape On Friday, market observer ChartNerd shared a long-term perspective on the…
Cross-chain liquidity protocol THORChain seems to have been compromised in an exploit spanning no less than 4 main networks, with stolen funds already exceeding $10 million, in response to onchain investigator ZachXBT. Follow us on X to get the most recent information as it occurs ALERT: @THORChain has been exploited for about $10 MILLION. On-chain…
Bit Digital (BTBT) reported a Q1 2026 web loss of $146.7 million. Mark-to-market hits of $121.1 million on its digital asset holdings drove most of the injury. The Ethereum (ETH)-focused strategic asset firm joins a rising record of crypto corporations posting steeper Q1 losses. ETH Treasury Markdowns Weigh on Bit Digital Revenue at Bit Digital…