Alephium's Wormhole-fork TokenBridge was drained on Ethereum and BNB Chain in roughly seven minutes after an off-chain backend flaw let fraudulent messages slip past its four-guardian network, the team said in a public correction.
The post Aave Claws Back From $292M rsETH Exploit With $300M Coalition appeared on BitcoinEthereumNews.com.
Aave’s post mortem details how a forged cross-chain message triggered a $292M rsETH exploit and how a $300M DeFi coalition restored full backing. The attacker was already gone by the time anyone realized the bridge had lied. On April 18, at 17:35 UTC, Kelp’s rsETH LayerZero V2 bridge accepted inbound nonce 308 on Ethereum while Unichain still sat at outbound nonce 307. No burn happened. 116,500 rsETH came out of the Ethereum-side adapter as if it had. The LayerZero verifier responsible for signing inbound messages on Ethereum was running on a one-of-one DVN setup. One signer. It was hit by an RPC-poisoning attack that warped its view of source-chain state. The verifier attested to a transaction that never occurred, per Aave’s post mortem published on X. The Borrow Play Nobody Saw Coming Within minutes, seven recipient addresses had the stolen tokens. 89,567 rsETH of it went into
The post Aave Claws Back From $292M rsETH Exploit With $300M Coalition appeared on BitcoinEthereumNews.com.
Aave’s post mortem details how a forged cross-chain message triggered a $292M rsETH exploit and how a $300M DeFi coalition restored full backing. The attacker was already gone by the time anyone realized the bridge had lied. On April 18, at 17:35 UTC, Kelp’s rsETH LayerZero V2 bridge accepted inbound nonce 308 on Ethereum while Unichain still sat at outbound nonce 307. No burn happened. 116,500 rsETH came out of the Ethereum-side adapter as if it had. The LayerZero verifier responsible for signing inbound messages on Ethereum was running on a one-of-one DVN setup. One signer. It was hit by an RPC-poisoning attack that warped its view of source-chain state. The verifier attested to a transaction that never occurred, per Aave’s post mortem published on X. The Borrow Play Nobody Saw Coming Within minutes, seven recipient addresses had the stolen tokens. 89,567 rsETH of it went into
Aave’s post mortem details how a forged cross-chain message triggered a $292M rsETH exploit and how a $300M DeFi coalition restored full backing. The attacker was already gone by the time anyone realized the bridge had lied. On April 18, at 17:35 UTC, Kelp’s rsETH LayerZero V2 bridge accepted inbound nonce 308 on Ethereum while […]
The post Aave Claws Back From $292M rsETH Exploit With $300M Coalition appeared first on Live Bitcoin News.
The post BlackRock accelerates crypto sale after dumping over $1.2 billion of these assets appeared on BitcoinEthereumNews.com.
BlackRock has sharply increased its crypto ETF selling activity, recording more than $1.21 billion in combined Bitcoin (BTC) and Ethereum (ETH) fund outflows over the past week. Data on spot crypto ETF flows show that BlackRock’s Bitcoin and Ethereum funds experienced sustained outflows over multiple trading sessions, with Bitcoin accounting for the vast majority of withdrawals. The development comes as cryptocurrency markets face renewed volatility and profit-taking following earlier gains. The largest share of the outflows came from BlackRock’s iShares Bitcoin Trust (IBIT), which recorded net withdrawals totaling approximately $1.04 billion over the period. The heaviest single-day outflow occurred on May 27, when investors pulled $527.8 million from the fund. The selling continued on May 28 with another $177.9 million in withdrawals, followed by $68.2 mill
The post Alephium Bridge Loses $815K to Forged Guardian Messages, Not Stolen Keys appeared on BitcoinEthereumNews.com.
Alephium’s Wormhole-fork TokenBridge was drained on Ethereum and BNB Chain in roughly seven minutes after an off-chain backend flaw let fraudulent messages slip past its four-guardian network, the team said in a public correction. Alephium, a proof-of-work Layer 1 that runs a private fork of the Wormhole bridge, lost about $815,000 across Ethereum and BNB Chain on Friday after an attacker pushed forged messages through the bridge backend and out the other side as legitimate-looking transfers, according to the team. Alephium has shut the bridge down and said no new transactions can be initiated. The attacker drained 200,967 USDT, 17,594 USDC, 5.18 WETH and 0.335 WBTC on Ethereum, plus 36,750 USDT and 24.386 WBNB on BNB Chain, per Alephium’s accounting, and minted 13.76 million wrapped ALPH on Ethereum with no corresponding ALPH locked on the Alephium chain. The full seq
The post Binance Unveils 10M GENIUS Token Airdrop appeared on BitcoinEthereumNews.com.
Key Takeaways: Binance introduces about the 65th project within the HODLer Airdrops programme called Genius Terminal (GENIUS). Each eligible BNB holder will receive 10 million GENIUS tokens, depending on their historical Simple Earn and On-Chain Yields subscriptions. This launch marks the increasing demand of AI-based blockchain projects in the BNB Chain ecosystem. Binance’s latest offering as part of its HODLer Airdrops program is a project called Genius Terminal (GENIUS), which rewards eligible BNB token holders with no additional efforts required. The announcement comes with the 65th project distributed under the program, and represents another addition related to AI to Binance’s growing ecosystem. Users who subscribed BNB to Simple Earn or On-Chain Yields products between May 11 and May 13, 2026, qualify for the retroactive token distribution. Binance Adds GENIUS to HODLer Airdrops Binance has an
The post Hyperliquid’s HYPE Token Hits $70 All-Time High and Overtakes Dogecoin in Market Cap appeared on BitcoinEthereumNews.com.
Something significant just happened in the crypto market that did not involve Bitcoin or Ethereum as Hyperliquid’s native token HYPE hits $70 for the first time. This sets a new all-time high, enough to overtake Dogecoin, one of the most recognized names in the entire industry. For a project running on eleven employees and a grinding work ethic, the numbers being put up in 2026 are genuinely hard to process. HYPE Hits $70 and Flips Dogecoin HYPE hits a new all-time high of $70, a price level that places the token firmly in the top tier of crypto assets by market capitalization. The move pushes Hyperliquid’s total market cap into the $20 billion range, and in doing so, it clears Dogecoin, a coin that has been a fixture of the top ten for years and carries name recognition that most crypto projects never come close to matching. The distance HYPE has covered i
The post Fake Bridge Messages Let Hacker Drain $815,000 From Alephium appeared on BitcoinEthereumNews.com.
Alephium’s (ALPH) TokenBridge was drained of approximately $815,000 after an attacker exploited a flaw that allowed forged messages to pass through the protocol’s guardian network and authorize fraudulent token transfers. The Alephium team confirmed that blockchain security firm Blockaid was the first to detect the exploit. The Security Alliance’s SEAL_911 emergency response unit also provided assistance and responsiveness throughout the subsequent investigation. Exploit Drains $815,000 in Under 7 Minutes The attacker moved funds from the Alephium TokenBridge on both Ethereum and BNB Chain in roughly seven minutes. On Ethereum, losses included 200,967 Tether (USDT), 17,594 USD Coin (USDC), 5.18 Wrapped Ether (WETH), and 0.335 Wrapped Bitcoin (WBTC). An additional 36,750 USDT and 24.386 Wrapped BNB were removed from the BNB Chain side of the bridge. The attacker also minted 13.76 m
