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Hackers steal nearly $6M in ETH and BTC from DeFi protocol Trusted Volumes via smart contract flaw

Market News
07 May 2026
UToday
View Source
Bearish
pluang ai news

Hackers exploited a critical flaw in the Trusted Volumes DeFi protocol's signature validation, draining about $5.9 million in Ethereum, Wrapped Bitcoin, and stablecoins. The breach occurred due to a logical error in the protocol's fillOrder function, allowing attackers to bypass authorization and forge orders. The stolen assets include 1,291 ETH, 16.94 WBTC, 1.26 million USDC, and 206,000 USDT, which the attacker began laundering through decentralized exchanges. This incident highlights ongoing security risks in DeFi platforms reliant on complex smart contract logic.

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Semiconductor stocks hit record highs despite Fed's hawkish stance, driven by AI demand optimism.

Semiconductor stocks hit record highs despite Fed's hawkish stance, driven by AI demand optimism.

Semiconductor stocks surged to record highs even as the Federal Reserve maintained a hawkish stance on interest rates. The Philadelphia Semiconductor Index closed at an all-time high, signaling strong investor confidence in AI-driven chip demand. The...

Technical Signals
Bullish
4 hours ago
LG Display's OLED panels earn first-ever 'Perfect Color/Brightness Accuracy' certification from Intertek.

LG Display's OLED panels earn first-ever 'Perfect Color/Brightness Accuracy' certification from Intertek.

LG Display has become the first company to receive Intertek's 'Perfect Color/Brightness Accuracy up to 500 lux' certification for its large-sized OLED panels used in monitors and TVs. This certification confirms that LG's OLED displays reproduce colo...

Market News
Bullish
4 hours ago
New wallet deposits $6.68M USDC to Hyperliquid, opens 20x shorts on BTC, SOL, and ETH.

New wallet deposits $6.68M USDC to Hyperliquid, opens 20x shorts on BTC, SOL, and ETH.

A newly funded wallet deposited 6.68 million USDC to the Hyperliquid trading platform and opened highly leveraged 20x short positions on Bitcoin, Solana, and Ethereum. This concentrated bearish trade is notable for its size and leverage but is based ...

Market News
Bearish
4 hours ago
Robert Kiyosaki plans to buy Bitcoin and precious metals after signs of price reversals.

Robert Kiyosaki plans to buy Bitcoin and precious metals after signs of price reversals.

Robert Kiyosaki, author of Rich Dad Poor Dad, is monitoring gold, silver, Bitcoin, and Ethereum charts for technical signs of a price reversal before buying. He emphasizes the importance of broader economic and political conditions over short-term pr...

Market News
Bullish
4 hours ago
Oil prices rise after US threatens military action on Iran amid fragile peace talks.

Oil prices rise after US threatens military action on Iran amid fragile peace talks.

Oil prices increased following US President Trump's threat of renewed military action against Iran, despite ongoing peace talks between US and Iranian officials in Switzerland. The threat and Iran's closure of the Strait of Hormuz, a vital oil shippi...

Market News
Bullish
5 hours ago
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