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Yet another crypto bridge falls victim to an $11 million hack

A crypto bridge has been hacked, resulting in a loss of $11 million in digital assets. The attack targeted the bridge's smart contract, exploiting vulnerabilities that allowed the hackers to siphon off funds. This incident marks another significant breach in the decentralized finance (DeFi) sector, raising concerns about the security of cross-chain protocols. The affected platform has since paused operations to investigate the breach and mitigate further risks. Users are advised to remain vigilant and secure their assets amid ongoing threats in the crypto space.

Read the full article: CoinDesk

Grayscale, VanEck amend US spot BNB ETF filings, stepping closer to a potential launch

Grayscale and VanEck have made amendments to their filings for U.S. spot Bitcoin Exchange-Traded Funds (ETFs), which brings them closer to a potential launch. Both firms are responding to feedback from the U.S. Securities and Exchange Commission (SEC) as they seek approval for their products. The amendments include

WETH markets return to normal operations on Aave amid rsETH recovery progress

WETH markets on the Aave platform have resumed normal operations following a recovery in the price of rsETH. This recovery has alleviated concerns that arose after a significant drop in rsETH's value. Aave's decision to restore WETH markets is seen as a positive development for liquidity

Analysts debate whether Bitcoin is in a ‘sell in May’ bear market setup

Analysts are discussing whether Bitcoin is entering a traditional "sell in May" bear market, a strategy based on historical trends where investors sell off assets in May to avoid potential downturns during the summer months. Current market indicators show mixed signals, with some suggesting a bearish trend while

HYPE pops 7%, beating bitcoin declines, as SpaceX pre-IPO lands on Hyperliquid

HYPE, a cryptocurrency, surged by 7% despite a decline in Bitcoin prices. This increase coincided with the announcement that SpaceX's pre-IPO shares would be available on the Hyperliquid trading platform. The listing of SpaceX shares is expected to attract significant investor interest, contributing to HYPE's positive

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Grayscale, VanEck amend US spot BNB ETF filings, stepping closer to a potential launch

WETH markets return to normal operations on Aave amid rsETH recovery progress

Analysts debate whether Bitcoin is in a ‘sell in May’ bear market setup

HYPE pops 7%, beating bitcoin declines, as SpaceX pre-IPO lands on Hyperliquid