The post XRP Ledger’s design blocks the flash loan attacks costing DeFi hundreds of millions appeared on BitcoinEthereumNews.com.
The two biggest DeFi exploits of the past two months have one thing in common. They used a tool that does not exist on the XRP Ledger. Thorchain lost roughly $10.8 million on May 15 to a cross-chain attack that drained funds across Bitcoin, Ethereum, BSC, and Base. Drift Protocol, a Solana-based decentralized perpetual exchange, and KelpDAO, a liquid restaking protocol on Ethereum, together accounted for more than $600 million in losses through April alone. Cross-chain bridges have lost over $2.8 billion to attacks since 2021, per Chainalysis. And a significant share of these exploits used some variant of the same mechanic: flash loans. A flash loan is a smart contract feature that lets a trader borrow millions of dollars with no collateral, on the condition that the loan is repaid inside the same transaction. The legitimate use cases include arbitrage betwe
The post Bitcoin Is At ‘Pivotal Level’ As $65K Downside Risk Looms: Analyst appeared on BitcoinEthereumNews.com.
Bitcoin could fall toward its February yearly low if it fails to maintain support above the $70,000 level, according to a crypto analyst. “Bitcoin is at a pivotal level, and if it doesn’t hold, we’re buying at <$65K,” MN Trading Capital founder Michael van de Poppe said in an X post on Saturday. Bitcoin (BTC) reached a yearly low of $60,000 in early February before recovering to $73,873 at the time of publication, according to CoinMarketCap. It comes as crypto market participants are divided over whether Bitcoin’s early February price of $60,000 marked the bottom of the cycle, or if further downside still lies ahead. Bitcoin may break above $76,000 if the current level holds Veteran trader Peter Brandt said in March that $60,000 may not be the lowest level for 2026, forecasting that Bitcoin could retest or even move “slightly lower” than the price level in September or Octob
The post Bitcoin Price Prediction: Caught Between $72K & $76K; Leverage Builds appeared on BitcoinEthereumNews.com.
Bitcoin is trading near $74,000 as high leverage clusters around $72,000 and $76,000 on CW’s liquidation heatmap. At the same time, BTC sits near its bull market support band, with major weekly moving averages rising below price. Bitcoin Price Holds Near $74K as Leverage Builds at $72K and $76K Bitcoin traded near $74,000 on the CoinAnk liquidation heatmap shared by CW on X, while high leverage positions clustered around $72,000 and $76,000. The chart shows BTC falling from the $77,000 to $78,000 area before stabilizing near $74,000. After the drop, price moved sideways between the two major liquidity zones. Bitcoin High Leverage Liquidity Map. Source: CW on X The brightest heatmap bands appear near $72,000 and $76,000. These areas show where large leveraged positions may face liquidation if price moves sharply in either direction. CW said movements to liquidate these pos
The post Bitcoin ETFs Lose $2.9B as BTC Tests $76K appeared on BitcoinEthereumNews.com.
Bitcoin ETFs post $2.9B in 10-day outflows as USDT market cap drops $1.2B before BTC approaches the $76.3K resistance test. Bitcoin exchange-traded funds recorded heavy redemptions through May 29, as spot Bitcoin ETF flows turned negative for 2025. The reported $2.9 billion exit came during ten straight days of outflows. Market attention also moved to Tether, after USDT market value fell by $1.2 billion in 24 hours. Traders are now watching whether Bitcoin can retest the $76,300 area, or face renewed selling pressure. Bitcoin ETFs See Ten Days of Outflows Spot Bitcoin ETFs lost $2.9 billion across ten straight trading days through May 29. The largest daily exit came on May 27, when redemptions reached $733 million. The selling was led by BlackRock’s IBIT, according to the market data shared. IBIT had earlier been one of the strongest drivers of Bitcoin ETF demand. Bitcoin ETFs shed $2.9 billion over
Bitcoin ETFs post $2.9B in 10-day outflows as USDT market cap drops $1.2B before BTC approaches the $76.3K resistance test. Bitcoin exchange-traded funds recorded heavy redemptions through May 29, as spot Bitcoin ETF flows turned negative for 2025. The reported $2.9 billion exit came during ten straight days of outflows. Market attention also moved to […]
The post Bitcoin ETFs Lose $2.9B as Tether Signals Shift Before $76K BTC Test appeared first on Live Bitcoin News.
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
The post XRP Ledger Surges 36.4%: Ledger’s Substantial Improvement appeared on BitcoinEthereumNews.com.
XRP faces substantial resistance Selling activity decreases As on-chain activity picks up speed and market players start focusing more on network fundamentals, XRP Ledger is displaying fresh indications of strength. According to recent data, the ledger’s activity has increased by 36.4%, which is one of the biggest gains in recent weeks and supports the notion that XRPL’s underlying ecosystem is still active despite general market uncertainty. XRP faces substantial resistance The rise in ledger activity is happening while XRP sits at a crucial level on the chart. Growing network utilization indicates that user engagement and transaction demand are still growing beneath the surface despite the asset’s inability to sustain strong bullish momentum following its explosive rally earlier this year. XRP/USDT Chart by TradingView Stronger price performance has historically been preceded by s
The post Gravity Bridge Hit by $5.4M Exploit as Bitcoin ETFs Bleed $2.97B Amid Peak Sentiment appeared on BitcoinEthereumNews.com.
Crypto News Gravity Bridge, a cross-chain protocol moving assets between Ethereum and the Cosmos ecosystem, was drained of roughly $5.4 million in a fresh exploit that has forced validators to suspend operations. On-chain analysts spotted suspicious outflows late Saturday, with early forensic work pointing to a likely compromise of the bridge’s contract key. The team behind the protocol confirmed the incident on social media and instructed validators to halt their orchestrators while the breach is being investigated. The episode renews unease over cross-chain infrastructure security, an area that institutional researchers have repeatedly flagged as one of the weakest links in decentralized finance. Forensic firms tracking the breach broke down the stolen haul into roughly $4.3 million in USDC, 274 wrapped ETH worth about $553,000, $434,000 in Tether, and 14
The post Bitcoin Holds $73K Pivot as Spot Buyers Defend Floor, Analyst Eyes $76K or $65K Move appeared on BitcoinEthereumNews.com.
Bitcoin News Spot and futures volumes surged late this week as Bitcoin swept its range lows near $72,500, with dip buyers stepping in to defend the $70,000 zone amid heavy ETF selling pressure. ETF redemptions hit $1.42 billion last week, extending the prior week’s $1.26 billion in withdrawals and raising concerns that price could revisit the $60,000-$70,000 band that constrained Bitcoin from February through April. Aggregated spot volume data suggests buyers are not yet dominant against the outflows, but coordinated bidding around key support has so far prevented a deeper capitulation move below the floor. Open interest heatmap data reveals roughly $300 million in newly opened leveraged long positions concentrated in the $73,000 to $74,000 zone, signaling that derivatives traders are willing to take directional risk at current levels. The buildup creates a