Invest ideasNews
18 May 2026, 07:05
Aave restores ether borrowing limits after $230 million exploit
The DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
18 May 2026, 06:50
Coinone Places THORChain (RUNE) on Delisting Watchlist After Security Incident
BitcoinWorld Coinone Places THORChain (RUNE) on Delisting Watchlist After Security Incident South Korean cryptocurrency exchange Coinone has placed THORChain (RUNE) on its delisting watchlist, citing user losses resulting from a security incident whose root cause has not been identified or fully remedied. The exchange stated that it confirmed damages to users linked to the incident, which it described as a hack. Exchange Cites Unresolved Security Breach In an official announcement, Coinone explained that its decision followed an internal review that verified user harm from a security breach involving THORChain. The exchange noted that the cause of the incident remains unidentified and that no complete remedy has been implemented. This lack of resolution led Coinone to designate RUNE for its delisting watchlist, a preliminary step that may result in full delisting if conditions are not met within a specified period. Coinone’s delisting watchlist typically requires projects to address identified issues within a set timeframe. Failure to do so can lead to trading suspension and eventual removal from the platform. The exchange has not disclosed the exact timeline or specific conditions for THORChain to avoid delisting. Background on THORChain and Past Security Issues THORChain is a decentralized cross-chain liquidity protocol that enables users to swap assets across different blockchain networks without relying on centralized intermediaries. The protocol has experienced multiple security incidents in the past. In July 2021, THORChain suffered a series of exploits totaling approximately $8 million, leading to a temporary network halt. Subsequent audits and upgrades were implemented, but the platform has remained a target for attackers due to the complexity of its cross-chain architecture. While Coinone’s announcement did not specify the exact date or nature of the latest incident, the exchange’s confirmation of user damages suggests the breach was significant enough to trigger formal review procedures. Implications for RUNE Holders and the Market The designation places RUNE holders on Coinone in a position of uncertainty. If the token is fully delisted, users may be forced to withdraw their assets to external wallets or other exchanges, potentially impacting liquidity and price. The news has already generated discussion within the Korean crypto community, where Coinone is one of the five major licensed exchanges. For THORChain, the watchlist listing adds to ongoing scrutiny around its security posture. The project’s ability to regain trust from centralized exchange partners may depend on transparent disclosure of the incident and implementation of verifiable fixes. Conclusion Coinone’s decision to place THORChain (RUNE) on its delisting watchlist underscores the increasing emphasis South Korean exchanges place on security accountability. The move signals that exchanges are willing to take formal action when user funds are compromised and issues remain unresolved. For THORChain, the path forward requires clear communication and demonstrated remediation to avoid further exchange delistings and maintain market confidence. FAQs Q1: What does it mean for RUNE to be placed on Coinone’s delisting watchlist? It means Coinone has identified a risk factor—in this case, an unresolved security incident causing user losses—and is monitoring the project. If the issue is not resolved within a given period, the exchange may suspend trading and fully delist the token. Q2: Should RUNE holders on Coinone be worried? There is reason for caution. If THORChain fails to address the security concerns to Coinone’s satisfaction, the token could be delisted, requiring holders to withdraw their assets. Users should monitor official announcements from both Coinone and THORChain for updates. Q3: Has THORChain been hacked before? Yes. In July 2021, THORChain suffered multiple exploits totaling around $8 million due to vulnerabilities in its cross-chain bridge logic. The network was temporarily halted, and subsequent audits led to security upgrades. The current incident appears to be a separate event. This post Coinone Places THORChain (RUNE) on Delisting Watchlist After Security Incident first appeared on BitcoinWorld .
18 May 2026, 06:27
Verus Ethereum bridge hacked for $11.58 million in crypto
🚨 $11.58 million in crypto was stolen in a fast attack on the Verus Ethereum bridge. The hacker used Tornado Cash for privacy before draining the funds. Continue Reading: Verus Ethereum bridge hacked for $11.58 million in crypto The post Verus Ethereum bridge hacked for $11.58 million in crypto appeared first on COINTURK NEWS .
18 May 2026, 05:33
Verus Ethereum Bridge Exploit Drains Over $11 Million in Crypto
Investigators said the attacker drained assets including tBTC, ETH, and USDC before swapping the stolen funds into ETH. Security researchers also pointed out that the attacker’s wallet was initially funded through Tornado Cash shortly before the exploit took place. Hackers Drain $11.5M From Verus DeFi protocol Verus is reportedly dealing with a major exploit involving its Ethereum bridge. Blockchain security firms estimate that attackers have already drained approximately $11.58 million in digital assets. The incident was first pointed out late Sunday by on-chain security platform Blockaid, which identified suspicious activity tied to an attacker wallet beginning with “0x5aBb” and noted that the stolen funds were being stored in another address ending in “C25F9.” Security researchers from PeckShield later provided more details about the attack, and claimed that the Verus-Ethereum bridge lost around 103.6 tBTC, 1,625 ETH, and 147,000 USDC during the exploit. According to the firm, the attacker quickly swapped the stolen assets into approximately 5,402 ETH, valued at roughly $11.4 million at current market prices. PeckShield also revealed that the attacker’s wallet was initially funded through Tornado Cash, the crypto mixing service often associated with anonymous transactions. The address received 1 ETH around 14 hours before the exploit occurred. Another blockchain security company, GoPlus, suggested that the exploit may have involved a sophisticated flaw in the bridge’s transaction validation system. The firm stated that the attacker seemingly sent a low-value transaction to the bridge contract before triggering a function that enabled the batch transfer of reserve assets directly to the drainer wallet. GoPlus added that the incident could be linked to cross-chain message validation failures, signature forgery vulnerabilities, withdrawal logic bypasses, or access control weaknesses in the bridge infrastructure. These types of vulnerabilities have become very common targets for attackers in decentralized finance, particularly for cross-chain bridges that manage large pools of locked liquidity. Verus launched in 2018, and is a privacy-focused blockchain network that operates using a hybrid “proof-of-power” consensus mechanism that combines proof-of-work and proof-of-stake elements. Its Ethereum bridge was introduced in October of 2023, and was designed to allow users to transfer and convert assets between the Verus ecosystem and Ethereum.
18 May 2026, 05:15
Upbit to Halt SEI Deposits and Withdrawals for Network Upgrade
BitcoinWorld Upbit to Halt SEI Deposits and Withdrawals for Network Upgrade South Korean cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for Sei (SEI), a blockchain network focused on high-speed trading. The halt, scheduled to begin at 9:00 a.m. UTC on May 19, is being implemented to support an upcoming network upgrade. Why the Suspension Matters Network upgrades are routine but critical events for blockchain networks. They often introduce new features, improve security, or enhance scalability. During such upgrades, exchanges typically suspend token movements to prevent transaction failures or loss of funds. For SEI holders on Upbit, this means no deposits or withdrawals will be processed during the maintenance window. Timeline and Key Details According to Upbit’s official notice, the suspension will take effect at 9:00 a.m. UTC on May 19. The exchange has not yet specified an exact end time for the maintenance, advising users to monitor further announcements. Trading of SEI on the platform may continue during the suspension, but users will not be able to move tokens in or out of their Upbit wallets. What SEI Holders Should Do Users who need to transfer SEI tokens before the suspension should complete their transactions before the deadline. After the upgrade is completed, Upbit will resume normal deposit and withdrawal services, likely with a separate announcement. It is advisable to check Upbit’s official channels for real-time updates. Conclusion The temporary suspension of SEI deposits and withdrawals on Upbit is a standard operational measure to ensure a smooth network upgrade. While the halt may cause minor inconvenience, it is designed to protect user assets and maintain network integrity. SEI holders should plan accordingly and stay informed through Upbit’s official communications. FAQs Q1: Will SEI trading be affected during the suspension? Upbit has not indicated that SEI trading will be halted. The suspension applies only to deposits and withdrawals. Users may still be able to buy, sell, or trade SEI on the platform. Q2: How long will the suspension last? Upbit has not provided a specific end time. The suspension will remain in effect until the network upgrade is completed and the exchange confirms the network is stable. Users should watch for a follow-up announcement. Q3: Is this suspension related to a security issue? No. The suspension is a routine measure to support a scheduled network upgrade. There is no indication of a security breach or vulnerability. Upbit regularly performs such maintenance to ensure platform reliability. This post Upbit to Halt SEI Deposits and Withdrawals for Network Upgrade first appeared on BitcoinWorld .
18 May 2026, 04:37
Yet another crypto bridge falls victim to an $11 million hack
The latest attack adds to growing string of cross-chain infrastructure exploits.
