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The post Thorchain Loses Nearly $11M as Attackers Poison Vault Churn Process Across 4 Chains – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Thorchain lost approximately $10 to $11 million across Bitcoin, Ethereum, BSC, and Base on May 15, 2026. ZachXBT flagged the exploit publicly as RUNE dropped 12 to 15% within hours, falling to roughly $0.50. Node operators triggered a global emergency halt; a full post-mortem from Thorchain is still pending. Thorchain Funds Compromised Onchain investigator ZachXBT first flagged the incident via his Telegram channel, placing initial losses above $7.4 million before revised estimates pushed the total higher. The breach hit vaults on Bitcoin, Ethereum, BNB Smart Chain, and Base. The attack method centered on a vault churn, a standard Thorchain process in which node operators rotate in and out while assets are redistributed using threshold signature schemes. Attackers appear to have injected malicious addresses into that process, tri
Read full articleThe development of STRC could revolutionize digital finance by integrating Bitcoin-linked credit products, potentially reshaping investment landscapes. The post Strategy aims for $100B AUM with STRC liquid credit product appeared first on Crypto Briefing.
Crypto analyst Tice has declared that an Ethereum price rally to $4,000 isn’t a moonshot but one that is bound to happen. This came as he revealed that he was accumulating ETH based on the technicals, which point to a buy sentiment. Analyst Reveals Ethereum Price Rally To $4,000 As A Structural Magnet In an X post, Tice stated that an Ethereum price rally to $4,000 wasn’t a moonshot but a structural magnet. He further remarked that he was loading up on ETH while everyone is giving up. His conviction in ETH is based on the technicals, which point to an imminent rally for the second-largest crypto by market cap. Related Reading: Ethereum Is Not Dead: Why Market Experts Are Still Predicting A Rise Above $10,000 The analyst noted that ETH’s structure was compressing while liquidity had been flushed. At the same time, the Ethereum price is forming higher lows under maximum doubt, and it is clear that the forced selling has been absorbed. Tice declared that this is not a weakness but the a
Strive is turning its SATA preferred stock into a daily-dividend Bitcoin treasury product, positioning the security as a higher-yield, faster-paying alternative to Strategy’s STRC just as Michael Saylor’s preferred-stock vehicle posted record trading activity. The company said SATA will begin paying cash dividends every business day from June 16, 2026, while maintaining a 13.00% annualized […]
BTC's Thursday price spike came to a painful end on Friday.
Crypto exchange Gemini secured a $100 million Bitcoin investment from its founders’ fund, and revealed a 42% YOY Q1 revenue bump.
The blog explores the legal and technical foundations behind implementing Ethereum liquid staking for ETH ETFs.
MicroStrategy's potential Bitcoin sale to manage debt highlights strategic financial maneuvering, impacting market perceptions and future strategies. The post Strategy may sell Bitcoin to fund $1.5B convertible note buyback appeared first on Crypto Briefing.
A concise glossary explainer of Satoshi Nakamoto, how the pseudonym shaped Bitcoin, and why traders and investors should care. The post Satoshi Nakamoto: Bitcoin’s Pseudonymous Creator Explained appeared first on BiteMyCoin.
