Attackers exploited the Ethereum Alephium TokenBridge by compromising three of four guardian keys, enabling them to forge Verified Action Approvals (VAAs) and drain $815,000 in just seven minutes. They minted 13.76 million wrapped ALPH tokens without depositing any real ALPH, effectively creating assets out of thin air. This breach highlights vulnerabilities in cross-chain bridges that rely on guardian signatures for security, following similar recent attacks on other blockchain bridges. The incident raises concerns about the security of decentralized finance infrastructure and the need for stronger safeguards.
Solana (SOL) maintains its price above the mid-$70s support level, driven by growth in real-world asset (RWA) tokenization and steady inflows into Solana-focused ETFs. These factors highlight increasing institutional and on-chain demand, reinforcing ...
U.S. federal debt has reached a record $39.7 trillion, growing by about $7 billion daily, prompting investors to turn to bitcoin and gold as safe-haven assets. This trend, known as the 'debasement trade,' bets on the decline of fiat currency value du...
Three newly created wallets, likely linked, purchased 25,425 ETH for $50.04 million at an average price of $1,968, marking a 163% jump in Ethereum volume. This large accumulation suggests institutional or sophisticated investor interest amid Ethereum...
Ethereum has gained about 30% since late June, reaching nearly $1,980 on July 27, its highest level in 55 days. The price action shows a steady uptrend with higher lows and a key breakout above $1,800, now acting as support. Technical indicators like...
Bitcoin and Ethereum prices increased on July 27 following signs of easing geopolitical tensions between the US and Iran, which improved investor confidence. Bitcoin rose 1.75% to around $65,447, while Ethereum climbed 4.63% to nearly $1,981. The pos...
