Hacker Drains $11.58 Million From Verus-Ethereum Bridge

Increased military preparations by Israel and the IDF could destabilize the region, reducing prospects for peace and heightening conflict risks. The post Israeli preparations signal potential escalation in Iran conflict appeared first on Crypto Briefing.

Geopolitical tensions heighten market volatility, undermining investor confidence in Bitcoin's stability and potential for significant gains. The post Bitcoin falls below $77,000 as Trump warns on Iran tensions appeared first on Crypto Briefing.

Heightened geopolitical tensions could disrupt global oil markets, impacting economic stability and complicating diplomatic resolutions. The post G7 meets in Paris as Iran plans Strait of Hormuz transit fees amid tensions appeared first on Crypto Briefing.

A coordinated exploit drained approximately $11.5 million from the Verus-Ethereum bridge on May 18, with security firm Blockaid linking the attacker’s wallet to Tornado Cash. Attacker Converts Loot to ETH and Tornado Cash Trail Emerges The Verus-Ethereum bridge was drained of approximately $11.5 million in a coordinated exploit, with analytics confirming that the attacker extracted […]

XRP is back in focus following reports of exposure from Italy’s largest banking group. The disclosure, highlighted by crypto analyst @Xfinancebull on X, reveals a position tied to the Grayscale XRP Trust, which has drawn renewed attention across the market as investors assess the scale and implications of the holding. The $18 Million Position Making Waves According to recent reports, Italian banking heavyweight Intesa Sanpaolo, a financial institution managing roughly $1.1 trillion in assets, expanded its cryptocurrency exposure substantially between late 2025 and the first quarter of 2026. Verified figures show that the institution’s crypto-related holdings climbed from approximately $100 million in the fourth quarter of 2025 to nearly $235 million by the end of March 2026. Within that expansion was a newly established position tied to the cryptocurrency through the Grayscale XRP Trust. Related Reading: What’s Going On With Ethereum And Why Is Price Moving This Way? As of March 31, th

Heightened tensions in the Strait of Hormuz could disrupt global shipping routes, impacting oil markets and international trade stability. The post Iran warns US as tensions rise in Strait of Hormuz shipping corridor appeared first on Crypto Briefing.

Increased military tensions could destabilize regional security, hinder diplomatic efforts, and impact global markets and alliances. The post Trump discusses resuming combat operations against Iran with security team appeared first on Crypto Briefing.

Despite the scale of the breach, Verus' native token showed little immediate reaction following news of the exploit.