Thorchain Loses Nearly $11M as Attackers Poison Vault Churn Process Across 4 Chains

The post ZachXBT Says 95% of LAB Token Is Insider-Controlled as Investigation Exposes Multi-Front Retail Rug – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways ZachXBT alleges LAB insiders control over 95% of supply and coordinated a 350% pump to a $6B FDV using Bitget infrastructure. The investigation exposes four simultaneous retail extraction methods: OTC loans at 7.5%/month, vesting changes, unpaid marketing rewards, and an opaque market-making deal. ZachXBT posted a $10,000 bounty on LAB founder Vova Sadkov and called on Binance, Bitget, and Gate to freeze insider profits or delist immediately. A $6 Billion Project Built on Hidden Supply LAB launched its token generation event in October 2025, positioning itself as an AI-powered trading terminal. In early May 2026, the token surged over 350% in under 72 hours, briefly touching a $6 billion fully diluted valuation ( FDV) before crashing more than 65% within hours, a move ZachXBT alleges was engineered in coordination

The post TON’s agentic wallets turn Telegram bots into spending entities appeared on BitcoinEthereumNews.com. TON’s new Agentic Wallets standard lets Telegram AI bots hold user‑funded wallets on TON, spending within tight limits as semi‑autonomous financial actors inside chat. Summary TON Tech has launched “Agentic Wallets,” an open, self‑custodial standard that lets AI agents on Telegram hold funds and execute on‑chain transactions on the TON blockchain without per‑action user approval. Each agent gets a dedicated wallet funded and owned by the user, with hard spending limits and revocable access, effectively turning bots into bounded financial actors that can trade, pay subscriptions, and interact with DeFi inside Telegram’s roughly 1 billion‑user ecosystem. The move is being pitched by TON Tech’s Andrew Grekov as the shift from “assistants to actors,” but it also opens a new attack and governance surface around agent misbehavior, prompt‑injection, and blurred liability between users

Onchain investigator ZachXBT has published a sweeping investigation into LAB, an AI trading terminal project with a $6 billion fully diluted valuation, alleging insiders control more than 95% of the token supply while running at least four simultaneous mechanisms to extract value from retail participants. A $6 Billion Project Built on Hidden Supply LAB launched […]

The post Thorchain Hack Drains $10M – ZachXBT Reports  appeared on BitcoinEthereumNews.com. The post Thorchain Hack Drains $10M – ZachXBT Reports  appeared first on Coinpedia Fintech News THORChain, a cross-chain crypto trading protocol, was hit by a major hack that may have stolen over $10 million in digital assets across Bitcoin, Ethereum, BNB Chain, and Base.  The attack sparked panic in the DeFi market, causing THORChain’s native token RUNE to drop more than 14% shortly after the exploit. ZachXBT Flags Suspicious Multi-Chain Activity The first warnings came from on-chain investigator ZachXBT, who reported suspicious activity linked to THORChain’s router infrastructure. According to ZachXBT, attackers moved roughly $7.2 million worth of assets including USDT, USDC, and wrapped Bitcoin across multiple blockchain networks before swapping them into ETH. The stolen funds were reportedly spread across Bitcoin, Ethereum, BNB Chain, and Base. Initial estimates suggested losses exceeded $7.

Schwartz warned of a dramatic surge in fake XRP giveaways, airdrops, and impersonation accounts targeting the community. Scammers are now using deepfake AI videos and fraudulent NFTs with hidden buy offers to drain investor wallets. Schwartz warns that anyone claiming to be him on Instagram, Telegram, or most platforms is a scammer. The digital asset […] The post XRP Scam Wave Explodes as David Schwartz Issues Urgent Warning appeared first on Live Bitcoin News.

Learn what confirmation time means, how confirmations work across blockchains, and why wait times matter for traders and investors. The post Confirmation Time Explained: How Crypto Confirmations Work appeared first on BiteMyCoin.

TON’s new Agentic Wallets standard lets Telegram AI bots hold user‑funded wallets on TON, spending within tight limits as semi‑autonomous financial actors inside chat. TON Tech — the infrastructure team behind The Open Network — rolled out Agentic Wallets on…

Learn what an algorithm is, how algorithms power crypto trading and blockchains, and why investors should care. Clear examples and practical context. The post Algorithm Explained: How Algorithms Work in Crypto Markets appeared first on BiteMyCoin.