So TODAY , Hackers are having a field day... In just one day, three major crypto exploits have resulted in over $35.5 million being stolen.
The latest victim is VerusCoin's Ethereum bridge , which was exploited for $7.55 million. The attacker quickly swapped all of the stolen funds for 3,916 $ETH (worth approximately $7.52 million) and deposited the entire amount into Tornado Cash, a common laundering route for stolen crypto.
So far today, the three major exploits are:
AFX Trade = $24.15M stole...
BREAKING 🚨
The Verus Ethereum Bridge has been exploited again, resulting in a loss of $7.53 million.
This incident bears resemblance to the May exploit, with the attacker targeting the bridge's import mechanism to trigger unbacked payouts.
The market is likely to react with volatility, with some analysts predicting a downturn due to decreased investor confidence 📉. Others, however, believe this event may prompt increased security measures, ultimately benefiting the market.
The community is...
Tesla just surprised the market.
The company delivered a record 480,126 vehicles and generated $28.2 billion in revenue during Q2, showing that customer demand remains strong.
But there was one number that caught everyone's attention.
Tesla reported negative $1.1 billion in free cash flow, marking its first quarterly cash burn in more than two years. The company is spending heavily on AI development, new manufacturing capacity, and future growth, which pushed earnings below Wall Street expect...
$BANK keeps printing higher highs
#BANK remains one of the strongest movers, with buyers defending every dip. Momentum is still bullish, but after a sharp rally, disciplined entries offer a better risk-to-reward than chasing green candles.
{future}(BANKUSDT)
Entry: 0.232–0.236
Stop Loss: 0.219
Targets: 0.248 | 0.265 | 0.285
Stay patient, respect your stop loss, and let the trend do the work.
🇺🇸 SEC Commissioner Warns Crypto Vaults and On Chain Lending May Fall Under Securities Laws
SEC Commissioner Hester Peirce has warned that simply moving crypto assets on chain does not automatically exempt them from U.S. federal securities laws.
• Crypto vaults and on chain lending strategies could fall under securities regulations depending on how they are structured.
• If a team determines staking strategies, lending allocations, interest rates, accepted collateral, LTV ratios, or liquidat...