Category: Crypto News
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Echo Protocol Hacked for $76.7M in Admin Key Exploit
Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain. Blockchain security firm PeckShield and analytics platform Lookonchain both reported the incident on Tuesday, noting that a hacker minted 1,000 synthetic Bitcoin (eBTC) worth around $76.7 million. “We are currently…
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Ethereum Foundation Faces Rising Wave of Departures
TLDR Carl Beek and Julian Ma confirmed they will leave the Ethereum Foundation on Monday. Their exits extend a broader wave of departures across key Ethereum initiatives. Barnabé Monnot and Tim Beiko have also stepped back from protocol coordination roles. Trent Van Epps and Alex Stokes announced separate departures and a sabbatical this year. The…
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Bitcoin Bleeds $1B Weekly but XRP and SOL Defy Market Panic
Solana, XRP, and Dogecoin attracted fresh investor demand even as Bitcoin and Ethereum experienced sharp institutional selling pressure. Last week, digital asset investment products experienced $1.07 billion in outflows, according to CoinShares, making it the first negative week after seven straight weeks of gains. It was also the third-largest weekly outflow seen in 2026.…
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Bitcoin Depot, Operator Of 9,000+ ATMs, Files For Bankruptcy Protection
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin Depot Inc, once the largest operator of Bitcoin ATMs in the world, watched its stock lose more than 40% in the week before Monday’s bankruptcy announcement, dragging the year-to-date loss to 67%. When the filing became public, the company’s shares, BTM,…
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Did The Cardano Founder Help To Derail XRP’s Growth? Ripple Community Draws Out Hoskinson
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A member of the Ripple community has called out Cardano founder Charles Hoskinson for helping derail XRP’s growth through the ETHgate saga. In response, Hoskinson has defended himself, arguing that it is impossible he was involved in the XRP lawsuit. Cardano Founder…
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This US Mega Bank Is Going Big On XRP, Here’s How Large A Share They Own Of XRP ETFs
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US-based global investment bank Goldman Sachs is betting big on XRP, with reports revealing a massive stake in XRP Exchange Traded Funds (ETFs). The move comes as the regulatory conditions around XRP become clearer, prompting many institutions to begin accumulating the cryptocurrency…
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Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack
Aave users are now able to borrow against wrapped Ether on the decentralized finance protocol again, as the Kelp DAO exploit recovery plan continues to progress. Aave founder Stani Kulechov said in an X post Sunday that the protocol restored loan-to-value (LTV) ratios for wrapped Ether (WETH) to pre-incident levels across all affected networks: Aave…
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Verus Ethereum Bridge Reportedly Exploited for $11.58 Million
Verus Protocol’s Ethereum bridge was reportedly exploited on Monday through a fake cross-chain transfer message that allowed a hacker to fraudulently transfer out at least $11.58 million in cryptocurrency. Onchain security platform Blockaid said in an X post on Monday that its detection system identified an ongoing exploit on the Verus-Ethereum bridge and shared a…
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Intesa Sanpaolo’s Crypto Portfolio Hits $235M as Italy’s Biggest Bank Goes Deeper Into Digital Assets
Intesa Sanpaolo, Italy’s largest bank, more than doubled its crypto exposure in the first quarter of 2026, with holdings climbing from approximately $100 million at the end of 2025 to around $235 million as of March 31. The growth was driven by expanded Bitcoin positions, with the bank adding to positions in both the ARK…
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Infinite Money Glitches, Multicoin’s AAVE Dump, and More
Key Takeaways Coinbase boosted HYPE 17% to $46.93 as Hyperliquid handed it USDH treasury rights. Michael Saylor’s Strategy saw STRC hit $1.53B volume, spotlighting BTC funding risk and demand. Kevin Warsh won Fed on May 14 as CLARITY advanced 15-9, keeping crypto rules in focus. WEEK IN REVIEW Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE…
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