Recovery hopes fade as Kelp DAO hacker launders nearly all $220M in stolen funds

On-chain traces show the DPRK-linked attacker behind April's $292 million bridge exploit has pushed the unfrozen ~$220 million through THORChain, Wasabi, Tornado Cash, and Umbra, leaving roughly $1.7 million still sitting in the original wallet.

The post ARB Price Prediction: $0.085 Target Within 10 Days as Technical Breakdown Accelerates appeared on BitcoinEthereumNews.com. Joerg Hiller May 31, 2026 07:51 Arbitrum crashes through critical support at $0.10 with RSI at 32.80 signaling deeper selling ahead. Bears target $0.085 as next major support level with 65% probability of reaching this zone befor… The Immediate Setup Arbitrum is experiencing a sustained technical breakdown, trading below the critical $0.11 resistance that has rejected multiple rally attempts over recent weeks. Current price action at $0.10 shows momentum indicators painting a bearish picture, with MACD histogram sitting flat at zero while RSI hovers at 32.80. This combination signals absent buying pressure during what should be oversold bounce territory. The 24-hour volume of $2.47 million on Binance spot reflects diminished retail participation, while smart money positioning reveals aggressive selling pressure. The taker buy/sell ratio a

The post Ethereum And BNB Chain Lead Top 10 Blockchains By Developer Activity appeared on BitcoinEthereumNews.com. The developer community’s performance often plays a crucial role in measuring the blockchain ecosystem’s pulse. Particularly, over the past month, Ethereum, BNB Chain, and Polygon have held the leading positions based on developer activity. As the data from Santiment suggests, the other notable names include Arbitrum, Solana, Cosmos, Optimism, Avalanche, Gnosis, and Harmony. Nonetheless, when it comes to the individual performance of these platforms, the developer activity has notably declined over the past 30 days. Ethereum Tops Blockchains in Monthly Developer Activity with 38.4K Events and 904 Contributors Ethereum remains the top player in the blockchain sector when it comes to developer activity. In this respect, the blockchain network has recorded a total of 38.4K developer activity events over the month. This figure highlights a 17.35% decrease. In addition to this,

The post ARB Price Prediction: $0.08 Retest Before 150% Rally to $0.25 appeared on BitcoinEthereumNews.com. Darius Baruo May 30, 2026 07:54 Arbitrum trades at $0.10 with oversold conditions building as whales accumulate. Technical setup points to $0.08 support test before violent bounce toward $0.25 within 6-8 weeks. Market Context: Why ARB is Moving Now Arbitrum has been bleeding steadily, trapped in a relentless downtrend that’s pushed it 33% below the 200-day moving average at $0.15. The Layer-2 scaling narrative that once propelled ARB to multi-dollar highs has been overshadowed by broader crypto market malaise and fierce competition from newer rollup solutions. Yet this capitulation phase is creating the conditions that historically precede explosive rallies in quality infrastructure plays. Blockchain.news coverage of L2 developments shows institutional interest hasn’t waned—it’s simply waiting for technical entry points. Technical Convergence The indicators are

The post Fake Bridge Messages Let Hacker Drain $815,000 From Alephium appeared on BitcoinEthereumNews.com. Alephium’s (ALPH) TokenBridge was drained of approximately $815,000 after an attacker exploited a flaw that allowed forged messages to pass through the protocol’s guardian network and authorize fraudulent token transfers. The Alephium team confirmed that blockchain security firm Blockaid was the first to detect the exploit. The Security Alliance’s SEAL_911 emergency response unit also provided assistance and responsiveness throughout the subsequent investigation. Exploit Drains $815,000 in Under 7 Minutes The attacker moved funds from the Alephium TokenBridge on both Ethereum and BNB Chain in roughly seven minutes. On Ethereum, losses included 200,967 Tether (USDT), 17,594 USD Coin (USDC), 5.18 Wrapped Ether (WETH), and 0.335 Wrapped Bitcoin (WBTC). An additional 36,750 USDT and 24.386 Wrapped BNB were removed from the BNB Chain side of the bridge. The attacker also minted 13.76 m

The post Americanfortress Links Stealth Addresses to Arbitrum as DeFi Firms Watch Compliance appeared on BitcoinEthereumNews.com. Key Takeaways Americanfortress launched its privacy beta on Arbitrum, offering stealth addresses for high- volume DeFi. Arbitrum holds over $15 billion in total value locked, highlighting the market need for compliant privacy. The beta features a “Receive on Arbitrum Privately” campaign rewarding the first 500 eligible users. Solving the Privacy Challenge for Institutional DeFi Americanfortress has launched the beta version of its compliant privacy infrastructure on Arbitrum, introducing tools designed to support institutional and high- volume decentralized finance ( DeFi) activity on the Layer 2 network. The system enables users to send assets using human-readable names while automatically generating stealth addresses that shield recipient information onchain. The company said the design preserves auditability between counterparties without relying on mixer

Americanfortress has launched the beta version of its compliant privacy infrastructure on the Arbitrum network, aiming to support institutional decentralized finance ( DeFi) activity. Solving the Privacy Challenge for Institutional DeFi Americanfortress has launched the beta version of its compliant privacy infrastructure on Arbitrum, introducing tools designed to support institutional and high- volume decentralized finance […]

The post Sui Mainnet Two-Day Outage Tests Layer-1 Resilience As Base, Arbitrum, Ondo Make Moves appeared on BitcoinEthereumNews.com. Sui’s mainnet ground to a halt for two consecutive days in late May, suspending user transactions and rattling confidence in a chain that had been riding a wave of adoption. According to the original report, the outages originated from an interaction conflict between the Address Balances feature and gas billing logic introduced in version 1.72. A temporary fix deployed earlier carried a known issue that could trigger outages with an extremely low probability—a calculated risk that backfired when epoch transition problems piled on, leaving validator nodes running yet unable to process any user transactions. The incident hits a network that just weeks ago saw institutional staking and a Paga partnership drive an 18% price surge. Now the core team must publish a post-mortem and convince builders, validators, and DeFi protocols that the chain’s upgrade pipeli