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NVIDIA CEO Jensen Huang criticizes tightened U.S. AI chip export controls, arguing they undermine America's own tech leadership. He also firmly rejects the flawed comparison of GPUs to nuclear weapons, highlighting their fundamentally different roles in society.
Read MoreOn May 18, the Verus-Ethereum cross-chain bridge was exploited, resulting in the theft of 103.6 tBTC, 1,625 ETH, and 147,000 USDC. The attacker consolidated the stolen assets into approximately 5,402.4 ETH, valued at around $11.4 million. All funds remain in a specific wallet, with initial funding traced through a privacy protocol.
Read MoreGoldman Sachs advises maintaining core AI stock exposure due to strong fundamentals but recommends implementing short-term hedges to protect year-to-date gains amid a potential catalyst lull and crowded positioning. Caution is urged for overvalued, low-quality stocks.
Read MoreA prominent strategist warns that rising inflation fears necessitate a Fed policy shift. Market consensus suggests the central bank may abandon its easing bias and adopt a tighter stance at its June meeting to maintain control over borrowing costs and stay ahead of the inflation curve.
Read MoreSecurity researcher Cosmos Yu suggests the Verus bridge exploit may involve attackers forging Merkle proofs to bypass validation, draining ETH, tBTC, and USDC. Details are under review, highlighting risks in unaudited code and verification flaws.
Read MoreOn-chain data reveals a mysterious address sold $35.73M worth of WBTC over three days. Still holding over $125M primarily in ETH and WBTC, its continued sell-off potential raises market concerns. The address shows frequent interaction with a known block builder.
Read MoreTo enhance security standards and optimize network integration, cross-chain support for rsETH will be discontinued on 20 networks after June 15. Users are advised to bridge assets back to Ethereum mainnet before the deadline to avoid recovery fees.
Read MoreA major security exploit targeting the Verus-Ethereum cross-chain bridge was detected on May 18, leading to an estimated loss exceeding $110 million. Blockaid identified the breach, prompting an immediate suspension of bridge services while investigations continue.
Read MoreThe crypto market faces a significant liquidity event this week with over $130 million in tokens set to unlock from PYTH, ZRO, and KAITO projects. Pyth Network's release, representing 36.96% of circulating supply, could particularly impact market dynamics and price stability.
Read MoreOn May 18, spot silver prices fell sharply, dropping 2% intraday to $74.38 per ounce. The decline is attributed to a stronger US dollar, shifting risk sentiment, and concerns over industrial demand. Investors are advised to monitor upcoming economic data and global macro trends.
Read MoreGrafana disclosed a security incident where an attacker used stolen GitHub tokens to download code repositories and demand ransom. Customer data remains unaffected. The company invalidated credentials and refused the ransom payment.
Read MoreA deep dive into on-chain data reveals a tightening Bitcoin supply landscape. Key indicators, including record dormancy rates, dwindling exchange reserves, and historically low sentiment metrics, all converge to signal that selling pressure is exhausted, potentially paving the way for a sustained market recovery.
Read MoreOn May 18th, spot gold prices fell below the key $4,500 per ounce level for the first time since late March, with a daily drop of 0.85%. This breach signals potential shifting dynamics in the precious metals market, possibly driven by interest rate expectations or dollar strength.
Read MoreJapan's 5-year government bond yield surged to a record high of 2.025%, with the 20-year yield also climbing sharply. This historic shift signals strong market anticipation of a policy change, potentially ending the era of ultra-low rates and impacting global finance.
Read MoreOn-chain analytics reveal a major investor, "Evaded," has opened large 10x leveraged long positions in ZEC and HYPE, totaling $24 million. This move establishes them as the largest ZEC bull on a leading derivatives platform, signaling concentrated bullish sentiment in the privacy coin sector.
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