Verus Ethereum bridge reportedly exploited for $11.6M in latest DeFi attack
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.
Cointelegraph·

The US securities regulator approved 21Shares’ Hyperliquid ETF last week, adding to a growing number of cryptocurrencies converted into ETF wrappers in the US.
Read full articleTwo security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether.
Recent filings with the SEC suggest the Binance Coin (BNB) may be the next altcoin to get a spot ETF in the US. In particular, asset management firms VanEck and Grayscale have repeatedly amended their S-1 registration forms, reflecting regulatory guidance and increasing the likelihood of a launch. Related Reading: XRP Records Over 400M In […]
Escalating tensions could destabilize global markets, impacting energy prices and influencing economic policies, with ripple effects on cryptocurrencies. The post Trump warns Iran to accept peace deal or face dire consequences appeared first on Crypto Briefing.
Bipartisan support remains the main obstacle standing between the CLARITY Act and becoming law. That was the assessment from asset management firm Grayscale on Friday, even as the company said it believes the bill has a strong chance of passing. Republicans hold 53 Senate seats, meaning at least seven Democrats would need to cross the […]
The post Shiba Inu Short Death Cross Confirmed, 10% Drop Recorded in Days appeared on BitcoinEthereumNews.com. Shiba Inu erased gains from the past week as major cryptocurrencies recorded declines that pushed prices lower. At the time of writing, SHIB was recording 10% losses on a weekly basis. The last two days saw sharp selling for Shiba Inu alongside the broader crypto market. A selloff in riskier assets swept through cryptocurrency markets as concerns over inflation rattled jittery investors. The crypto declines came in tandem with drops in stock and bond markets. Shiba Inu has declined since reaching a high of $0.00000668 on May 11, marking four out of five days of losses since this day. Peter Brandt Warns Solana Could Crash Is Hyperliquid Worth All the Recent Hype? SHIB/USD Weekly Chart, Image By TradingView The selling intensified towards the weekend as back-to-back hot CPI and PPI prints earlier in the week contributed to traders betting that the Federal Reserve might hike inte
VanEck and Grayscale updated BNB ETF filings as Canary pushed a staked TRX fund, adding pressure to the U.S. altcoin ETF race.
The post What Comes Next for the CLARITY Act? Grayscale Flags Key Hurdles appeared on BitcoinEthereumNews.com. Key Takeaways CLARITY faces several remaining hurdles after gaining Senate committee support in a 15-9 vote, Grayscale says. Lawmakers must combine it with another Senate crypto bill before resolving differences with the House version. Senate passage may require at least seven Democratic votes if Republicans stay united. CLARITY Act’s Next Phase Hinges on Consolidation Crypto asset manager Grayscale Investments shared on May 15 what comes next for the CLARITY Act after the Senate Banking Committee advanced the digital asset market bill in a 15-9 vote. Two Democrats joined Republicans, giving the measure bipartisan support before a more difficult full Senate process. Zach Pandl, head of research at Grayscale, noted: “The CLARITY Act has cleared a key hurdle in the Senate Banking Committee on a bipartisan vote.” That next phase starts with consolidation. CLARITY must be combined
Grayscale says the CLARITY Act faces several remaining hurdles after a 15-9 Senate committee vote gave the crypto market bill bipartisan momentum. The measure must now be merged with another Senate bill and reconciled with the House version. CLARITY Act’s Next Phase Hinges on Consolidation Crypto asset manager Grayscale Investments shared on May 15 what […]