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

In recent developments, 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. Looking closer, market…

Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

In recent developments, screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz. Looking closer,…

The Clarity Act took a step forward: State of Crypto

In recent developments, unpacking Thursday’s at-times contentious markup hearing. The development has drawn attention from traders and analysts who are evaluating potential implications for liquidity, volatility and policy signals across…

KuCoin Australia’s ‘Evolution’ Showcases Regulatory Focus, Mastercard L…

In recent developments, the exchange’s KuCard rollout enables users to make “seamless payments” to Mastercard merchants using USDC. The development has drawn attention from traders and analysts who are evaluating…

Report: SBI and Rakuten Build Crypto Trusts as 11 Japan Brokerages Eye Entry

In recent developments, japan’s largest brokerages are preparing to sell cryptocurrency investment trusts to retail investors, according to a Nikkei Asia survey published on Sunday. Japan Brokerages Push Crypto Funds…

Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market

In recent developments, recent on-chain data indicate the Binance exchange has registered a high volatility in stablecoin inflows in recent days. This observation can be linked to the general market’s…

Infinite Money Glitches, Multicoin’s AAVE Dump, and More – Week In Review

In recent developments, coinbase moved deeper into Hyperliquid by taking the USDC treasury deployer role, while HYPE jumped on the platform’s shift toward a more unified stablecoin setup. Strategy’s STRC…

Bitcoin Holds $78K Support as Traders Watch for Breakout Toward $80K

In recent developments, bitcoin traded in a narrow consolidation range on May 17 as traders monitored whether support near $77,700 could stabilize the broader bullish structure after the recent pullback…

Hedera price forecast: HBAR risks 20% dive amid fresh selling

In recent developments, fresh selling risks sending HBAR price down 20% to $0.070 support. HBAR could mirror Bitcoin’s path before a rebound. Technical indicators are mixed, pointing at a bounce…

Zcash price dips after surge, but bullish momentum remains intact

In recent developments, zcash price fell to intraday lows of $532 after surging above $570. Over $5.1 million in Zcash futures positions were liquidated in the last 24 hours. Bullish…