Alephium's Wormhole-fork TokenBridge was drained on Ethereum and BNB Chain in roughly seven minutes after an off-chain backend flaw let fraudulent messages slip past its four-guardian network, the team said in a public correction.
The post BNB Chain Outperforms DOGE, XRP With 35% Open Interest Surge appeared on BitcoinEthereumNews.com.
Traders have been adding to positions in the native token of BNB Chain, which has seen open interest climb as much as 35%. According to CoinGlass data, BNB’s open interest is up 35% in the last 24 hours to $1.43 billion. The open interest surge outperforms that of major cryptocurrencies Dogecoin (DOGE) and XRP in terms of percentage increase. The latter were unchanged in their open interest over the last 24 hours. Dogecoin’s open interest was down 0.01% while XRP fell 0.56% in the same metric. The surge in open interest for BNB also coincides with a spike in derivatives market activity even as other major cryptocurrencies saw their trading volumes fall. BNB’s volume in the derivatives market rose 270% in the last 24 hours to $5.18 billion, according to CoinGlass data. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30:
The post BNB Chain Outperforms DOGE, XRP With 35% Open Interest Surge appeared on BitcoinEthereumNews.com.
Traders have been adding to positions in the native token of BNB Chain, which has seen open interest climb as much as 35%. According to CoinGlass data, BNB’s open interest is up 35% in the last 24 hours to $1.43 billion. The open interest surge outperforms that of major cryptocurrencies Dogecoin (DOGE) and XRP in terms of percentage increase. The latter were unchanged in their open interest over the last 24 hours. Dogecoin’s open interest was down 0.01% while XRP fell 0.56% in the same metric. The surge in open interest for BNB also coincides with a spike in derivatives market activity even as other major cryptocurrencies saw their trading volumes fall. BNB’s volume in the derivatives market rose 270% in the last 24 hours to $5.18 billion, according to CoinGlass data. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30:
The post Aave Claws Back From $292M rsETH Exploit With $300M Coalition appeared on BitcoinEthereumNews.com.
Aave’s post mortem details how a forged cross-chain message triggered a $292M rsETH exploit and how a $300M DeFi coalition restored full backing. The attacker was already gone by the time anyone realized the bridge had lied. On April 18, at 17:35 UTC, Kelp’s rsETH LayerZero V2 bridge accepted inbound nonce 308 on Ethereum while Unichain still sat at outbound nonce 307. No burn happened. 116,500 rsETH came out of the Ethereum-side adapter as if it had. The LayerZero verifier responsible for signing inbound messages on Ethereum was running on a one-of-one DVN setup. One signer. It was hit by an RPC-poisoning attack that warped its view of source-chain state. The verifier attested to a transaction that never occurred, per Aave’s post mortem published on X. The Borrow Play Nobody Saw Coming Within minutes, seven recipient addresses had the stolen tokens. 89,567 rsETH of it went into
The post Aave Claws Back From $292M rsETH Exploit With $300M Coalition appeared on BitcoinEthereumNews.com.
Aave’s post mortem details how a forged cross-chain message triggered a $292M rsETH exploit and how a $300M DeFi coalition restored full backing. The attacker was already gone by the time anyone realized the bridge had lied. On April 18, at 17:35 UTC, Kelp’s rsETH LayerZero V2 bridge accepted inbound nonce 308 on Ethereum while Unichain still sat at outbound nonce 307. No burn happened. 116,500 rsETH came out of the Ethereum-side adapter as if it had. The LayerZero verifier responsible for signing inbound messages on Ethereum was running on a one-of-one DVN setup. One signer. It was hit by an RPC-poisoning attack that warped its view of source-chain state. The verifier attested to a transaction that never occurred, per Aave’s post mortem published on X. The Borrow Play Nobody Saw Coming Within minutes, seven recipient addresses had the stolen tokens. 89,567 rsETH of it went into
Aave’s post mortem details how a forged cross-chain message triggered a $292M rsETH exploit and how a $300M DeFi coalition restored full backing. The attacker was already gone by the time anyone realized the bridge had lied. On April 18, at 17:35 UTC, Kelp’s rsETH LayerZero V2 bridge accepted inbound nonce 308 on Ethereum while […]
The post Aave Claws Back From $292M rsETH Exploit With $300M Coalition appeared first on Live Bitcoin News.
The post BlackRock accelerates crypto sale after dumping over $1.2 billion of these assets appeared on BitcoinEthereumNews.com.
BlackRock has sharply increased its crypto ETF selling activity, recording more than $1.21 billion in combined Bitcoin (BTC) and Ethereum (ETH) fund outflows over the past week. Data on spot crypto ETF flows show that BlackRock’s Bitcoin and Ethereum funds experienced sustained outflows over multiple trading sessions, with Bitcoin accounting for the vast majority of withdrawals. The development comes as cryptocurrency markets face renewed volatility and profit-taking following earlier gains. The largest share of the outflows came from BlackRock’s iShares Bitcoin Trust (IBIT), which recorded net withdrawals totaling approximately $1.04 billion over the period. The heaviest single-day outflow occurred on May 27, when investors pulled $527.8 million from the fund. The selling continued on May 28 with another $177.9 million in withdrawals, followed by $68.2 mill
The post Alephium Bridge Loses $815K to Forged Guardian Messages, Not Stolen Keys appeared on BitcoinEthereumNews.com.
Alephium’s Wormhole-fork TokenBridge was drained on Ethereum and BNB Chain in roughly seven minutes after an off-chain backend flaw let fraudulent messages slip past its four-guardian network, the team said in a public correction. Alephium, a proof-of-work Layer 1 that runs a private fork of the Wormhole bridge, lost about $815,000 across Ethereum and BNB Chain on Friday after an attacker pushed forged messages through the bridge backend and out the other side as legitimate-looking transfers, according to the team. Alephium has shut the bridge down and said no new transactions can be initiated. The attacker drained 200,967 USDT, 17,594 USDC, 5.18 WETH and 0.335 WBTC on Ethereum, plus 36,750 USDT and 24.386 WBNB on BNB Chain, per Alephium’s accounting, and minted 13.76 million wrapped ALPH on Ethereum with no corresponding ALPH locked on the Alephium chain. The full seq
The post Binance Unveils 10M GENIUS Token Airdrop appeared on BitcoinEthereumNews.com.
Key Takeaways: Binance introduces about the 65th project within the HODLer Airdrops programme called Genius Terminal (GENIUS). Each eligible BNB holder will receive 10 million GENIUS tokens, depending on their historical Simple Earn and On-Chain Yields subscriptions. This launch marks the increasing demand of AI-based blockchain projects in the BNB Chain ecosystem. Binance’s latest offering as part of its HODLer Airdrops program is a project called Genius Terminal (GENIUS), which rewards eligible BNB token holders with no additional efforts required. The announcement comes with the 65th project distributed under the program, and represents another addition related to AI to Binance’s growing ecosystem. Users who subscribed BNB to Simple Earn or On-Chain Yields products between May 11 and May 13, 2026, qualify for the retroactive token distribution. Binance Adds GENIUS to HODLer Airdrops Binance has an
