Verus Bridge Hacker Returns $8.5M, Keeps $2.8M as Bounty Reward

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The exploiter who drained the Verus-Ethereum bridge of more than $11 million has returned $8.5 million to the project’s team while retaining $2.8 million as a white-hat bounty. This resolution follows a public offer from the Verus community and its developers, who set clear terms for the hacker to return a portion of the stolen … Read more

Saudi Arabia Uses Blockchain for Bank-to-Bank Money Transfers

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SAMA used blockchain to place part of its liquidity with banks as part of an experiment with emerging technologies The Saudi Arabian Monetary Authority (SAMA), the country’s central bank, recently employed blockchain technology to inject liquidity into local banks. In a post shared on Twitter yesterday, SAMA outlined the objectives behind the project. #SAMA Deployed … Read more

535,000+ LINK Holders Quietly Accumulate Chainlink Amid Market Uncertainty

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Chainlink’s network now counts over 535,000 wallets holding at least 1 LINK, marking the largest number of non-micro wallets since December 2022. Data from Santiment shows this expansion has taken place even though LINK remains well below its cycle highs. Chainlink Wallet Growth Analytics firm Santiment noted that a steady increase in wallet counts is … Read more

Hyperliquid Falls Below $28 Support — Will It Rebound Soon?

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Key Points HYPE fell 8% over the past 24 hours, dropping below $28 Open interest (OI) declined as retail participation continued to wane HYPE Falls Below the $28 Support HYPE, the native token of decentralized exchange Hyperliquid, dropped 8% in the last 24 hours, making it the worst-performing coin among the top 20 cryptocurrencies by … Read more

XRP ETF Inflows Reach 4-Month High — What’s Next for Ripple Price?

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The spot exchange-traded funds that track the second-largest non-stablecoin altcoin slipped from investors’ favor in March but rebounded strongly in April, delivering their best monthly performance since December. Despite the funds’ recovery, the underlying asset barely registered meaningful gains in April, finishing only marginally positive. That raises the question: what comes next for both the … Read more

Dogecoin Falls to $6 After 0.234-Month High

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Short-term holders have triggered the correction by locking in gains. DOGE is trading at $0.234, below the key resistance at $0.245. If support at $0.198 fails, the price could test $0.220. Dogecoin has slipped about 15% since reaching a six‑month high earlier this month, as a wave of profit-taking by short-term holders reversed the recent … Read more

Analyst: Bitcoin’s 50% Fall Could Spark a 2017-Style Altcoin Rally

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Bitcoin (BTC) slipped below $62,000 on June 4, a decline that coincided with the first meaningful pullback in Bitcoin dominance in nearly eight months, according to analyst CrediBULL Crypto. The drop has renewed discussion among market observers about the potential for an altcoin-led phase, as many alternative tokens have shown relative resilience during BTC’s slide—a … Read more

Hyundai Reveals Metaverse Strategy: NFTs, Virtual Cars, and Digital Goods

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According to a Twitter post by trademark attorney Mike Kondoudis, South Korean automaker Hyundai has revealed plans for the metaverse that include NFTs and virtual products. The company intends to offer non-fungible tokens (NFTs) and publish NFT-backed media content. Hyundai has more plans for the Metaverse!#Hyundai has filed a US trademark application for ▶️ NFTs … Read more

AltSignals (ASI) Price Forecast as Pre-Sale Tops $840K

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Key takeaways AltSignals has raised more than $840,000 in its presale. The ASI token is priced at $0.015 during the presale and could rally higher once listed on exchanges. The cryptocurrency market has shown strength since the start of the week, with most coins and tokens trading in positive territory. This improvement in market sentiment … Read more