Echo Protocol Joins THORChain, Verus as May Hack Count Reaches 14

Echo Protocol suffered an exploit on Monad, with an attacker minting 1,000 eBTC worth roughly $76.64 million. Curvance paused the affected market while Echo Protocol suspended all cross-chain transactions. The incident raised May’s running tally of crypto hacks to 14. How the Echo Protocol Exploit Unfolded On-chain analyst dcfgod first flagged the incident. PeckShield mapped […]

Crypto Wallet Transfers Anchor $13 Million Federal Fraud Case

An alleged support impersonation scheme led to more than $13 million in cryptocurrency wallet losses, according to the DOJ. The case centers on fake support claims, unauthorized digital account access, wallet transfers, and laundering through luxury spending. Support Impersonation Scheme Led to Crypto Wallet Losses The Department of Justice (DOJ) announced on May 11 that […]

XRP Trades in Tight Range as AI Models Flag Bearish Consolidation

Ripple (XRP) is hovering in a tight range after a prolonged downtrend, with major AI models broadly agreeing that the token is stuck in a ‘bearish-leaning consolidation’ where the next move hinges on whether key support holds. As of Tuesday UTC, XRP was trading around $1.39, repeatedly oscillating inside a narrow $1.37–$1.42 band. Momentum indicators […]

The XRP Asian Breakout: Japan And South Korea Lead The Charge

SBI Group is reportedly planning to list a combined Bitcoin and XRP exchange-traded fund on the Tokyo Stock Exchange, with a target of $32 billion in assets under management within three years of launch. Japan’s Financial Services Agency is already reviewing crypto assets more seriously as financial instruments, according to reports. The development signals a […]

Massive HYPE Accumulation Continues: Whale-Linked Wallet Adds $90M In Weeks

HYPE has been one of the most compelling stories in crypto since its launch in November 2024. While the broader market has faced sustained selling pressure and most assets have struggled to hold meaningful levels, Hyperliquid’s native token has demonstrated a resilience that has drawn attention from participants well beyond the DeFi ecosystem that originally […]

Japan Bond Crisis Sparks Global Market Fears as XRP Emerges as Liquidity Solution

Japans bond market is experiencing its most severe pressure in decades, raising concerns about a potential global financial ripple effect that could impact interest rates, currencies, credit markets, and investor confidence worldwide. The countrys 30-year government bond yield recently surged above 4% for the first time since its launch in 1999, while the 10-year yield […]