Verus bridge exploit drains $11.6M in crypto
Verus Protocol’s Ethereum bridge was reportedly exploited on Monday after an attacker used a fake cross-chain transfer message to drain at least $11.58 million in cryptocurrency.
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Verus Protocol’s Ethereum bridge was reportedly exploited on Monday after an attacker used a fake cross-chain transfer message to drain at least $11.58 million in cryptocurrency.
ast Africa's biggest bank is ramping up efforts to double its regional footprint as the lender looks to diversify revenues. Equity Bank CEO James Mwangi spoke to Bloomberg's Jennifer Zabasajja on the sidelines of the Africa CEO Forum in Kigali, Rwanda.
Bitcoin Depot filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of Texas and shut down its entire cryptocurrency ATM network on Monday.
French Finance Minister Roland Lescure discusses the European economy, the risk of inflation and rising bond yields. Speaking to Bloomberg's Oliver Crook on the sidelines of a meeting between Group of Seven finance ministers in Paris, he says the European economy is "proving quite resilient."
United States Department of Justice charged Elijah Armstrong, Nino Chindavanh and Jayden Rucker over an alleged violent robbery spree targeting cryptocurrency owners across California.
Harvard University Endowment fully exited its $86.8 million position in BlackRock’s spot Ethereum ETF during the first quarter of 2026, according to recent SEC 13F filings.
Bitget said its unified artificial intelligence trading platform surpassed 1 million users and recorded more than $1.2 billion in cumulative trading volume across 58 AI-powered tools as of mid-May 2026.
Robotphoenix Intelligent Technology Chairman Sai Zhang shares insights on the company's debut on the Hong Kong Stock Exchange, a major milestone for one of China's leading industrial robotics firms. Zhang also discusses its path to profitability amid elevated investor expectations. He speaks with Yvonne Man and Avril Hong on Bloomberg's The China Show.
BNP Paribas APAC Deputy Head of Global Markets Brian McCappin says clients are repositioning their portfolio to focus more on artificial intelligence beneficiaries, driving the outperformance of North Asia markets. He speaks with Yvonne Man and Avril Hong from the sidelines of the BNP Paribas Global EV and Mobility Conference.
Crypto analysts are divided over whether Bitcoin could face another major “sell in May” decline in 2026 as traders compare current market conditions with previous mid-term election year bear cycles.
An infrastructure boom is driving significant demand for steel despite escalating geopolitical tensions and rising energy supply chain costs. Jayant Acharya, Joint MD and CEO of JSW Steel, the country's largest steel producer, joined Insight with Haslinda Amin to discuss the company's capital expenditure plans and the broader economic outlook.
China has agreed to buy at least $17 billion of agricultural products annually through 2028, the US said after Donald Trump and Xi Jinping held a major summit in Beijing last week. Bloomberg's Stephen Engle has the details.
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