Hackers exploited a vulnerability in the Verus Ethereum bridge, draining about $11.58 million in digital assets including tBTC, ETH, and USDC. The attacker used Tornado Cash to fund their wallet before the hack and quickly swapped stolen funds into ETH. Security firms suggest the exploit involved flaws in transaction validation and access controls, common risks in cross-chain bridges. This incident highlights ongoing security challenges in DeFi, especially for bridges managing large liquidity pools.
Anthony Scaramucci criticized the US decision to grant China permanent trade relations and WTO membership, saying it allowed China to protect its economy while exporting freely to the US. He argued that China used this advantage to take US technology...
BW Offshore announced Q1 2026 results with EBITDA of $47.9 million and operating cash flow of $43.3 million. Production on the BW Opal FPSO resumed after maintenance, with full commissioning expected by mid-2026. The company signed a FEED agreement w...
Bitcoin's price hovered around $77,000 amid declining trading volume and rising fear, indicating weakening momentum and cautious market sentiment. Spot trading volume fell over 12% to about $23 billion, reflecting reduced risk appetite and a wait-and...
Bitcoin's sudden drop below $77,000 led to the liquidation of over $660 million in leveraged positions within 24 hours, hitting bullish traders hardest. Approximately 106,876 traders were liquidated, with long positions accounting for the majority of...
The Neuberger Berman Next Gen Connectivity Fund (NBXG) is currently trading at a significant discount despite delivering strong returns. It offers an attractive monthly distribution close to 10%, boosted by a notable increase expected at the end of 2...
