THORChain approves ADR028 as RUNE holders await network restart

THORChain said developers and security teams are still working to bring the network back online after the May 15 incident. THORChain nodes approved ADR028, moving the network closer to a staged restart after the exploit.The hacker bounty is now active, while protocol-owned liquidity is expected to cover remaining losses.Developers are preparing v3.19.0 testing as tss-lib enters a temporary closed security audit period.  In its latest update, the protocol said the focus is on restoring the network safely, “without rushing any steps.”  The update comes after THORChains official exploit report said the network lost about $10.7 million from one of five vaults. The report said a newly churned node operator entered the network two days before the exploit and used a GG20 Threshold Signature Scheme vulnerability to drain the affected vault. The remaining four vaults were not affected.  THORChain said nodes have upgraded to v3.18.1, a patch that also restores Rujira Networks ability to manage credit accounts, including borrowing and repayments. The next step is cutting and testing v3.19.0, which will include more changes before any mainnet push.  The protocol said the release is expected to move to stagenet by the end of the following day, but added that an “exact timeline is yet to

05-27Industry

ATOM Price Prediction: $2.22 Breakout Within 72 Hours or Swift Drop to $1.90

Market Context: Why ATOM is Moving Now  Cosmos has been grinding higher in a methodical climb thats caught the attention of both retail and institutional players. The token has pushed above multiple moving averages, trading at $2.14 with the 7-day SMA at $2.08 and the crucial 200-day SMA at $2.10. This positioning above long-term trend indicators suggests the recent accumulation phase is transitioning into something more significant.  The interchain narrative that originally drove ATOM‘s value proposition continues to gain traction as cross-chain infrastructure becomes increasingly critical. However, the current price action is less about fundamental catalysts and more about technical positioning ahead of a potential breakout. Blockchain.news analysis shows that ATOM’s recent consolidation pattern mirrors previous accumulation phases that preceded major moves.  Technical Setup Points to Imminent Resolution  ATOM finds itself in a classic compression zone that typically precedes explosive moves. The RSI at 61.81 shows bullish momentum without overbought conditions, while the MACD histogram sits at exactly zero—a neutral stance that often marks the calm before major directional moves. These indicators converge with the Bollinger Band position at 0.90, placing ATOM directly against upper resistance at $2.17.  The narrow trading range between $2.12 and $2.18 over the past 24 hours confirms this compression is

05-27Industry

Ripple is expanding institutional finance ambitions while XRP traders are losing confidence

Tech  Ripple is expanding institutional finance ambitions while XRP traders are losing confidence  XRPs latest decline is exposing a widening split between traders betting on more weakness and investors using the selloff to build exposure.  Over the past few weeks, the digital asset has faced sustained downward pressure driven by capitulating short-term holders and aggressive short selling in futures markets.  However, underlying spot demand has proved resilient, as evidenced by XRP-linked exchange-traded funds being on track to record their strongest monthly performance of the year.  This market disconnect is playing out as Ripple accelerates its expansion into institutional finance, providing long-term investors with a structural adoption narrative even as momentum traders exit at a loss.  For market participants, the critical question is whether XRP is establishing a macro accumulation base or simply pausing within an extended downtrend.  Trader losses mount as sentiment sours  Beneath XRPs sluggish price action lies significant retail distress. According to blockchain analytics firm Santiment, the average trader active in the token over the past 30 days is holding unrealized losses of roughly 47%.  The drawdown has pushed XRPs 30-day market-value-to-realized-value (MVRV) ratio to its lowest point since December 2020.  XRP Traders Return (Source: Santiment)  The steep decline marks a sharp reversal from recent optimism. XRP surged in

05-27Industry

OpenZeppelin’s Manuel Aráoz advises exiting DeFi, calls it unsafe

Crypto security concerns have intensified after OpenZeppelin co-founder Manuel Aráoz said he has advised friends and family to exit all decentralized finance positions, including exposure to major lending protocols.OpenZeppelin co-founder Manuel Aráoz said he has advised friends and family to exit all DeFi positions, including exposure to Aave, MakerDAO, and Compound.DeFi protocols lost nearly $630 million to hacks in April, with Drift and Kelp DAO accounting for most of the monthly losses.Total value locked across the DeFi market has fallen roughly 14% since mid April as exploit incidents continued into May.  In a post published Tuesday on X, Aráoz said he no longer considers “all of DeFi” safe, arguing that the balance between attackers and defenders has tilted too far in favor of hackers. Even lower-risk positions tied to established protocols such as Aave, MakerDAO, and Compound were included in his warning.  PSA: I now consider *all* of DeFi unsafe.  Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric: defenders need to fix every bug while attackers need just one exploit to steal funds.  — Manuel Aráoz (@maraoz) May 26, 2026  Describing the current state of smart contract security, Aráoz said coding agents have become “superhuman at finding vulnerabilities,” while

05-27Industry

Silver Price Forecast: XAG/USD falls to near $75.00 as US-Iran optimism fades

Finance  Silver Price Forecast: XAG/USD falls to near $75.00 as US-Iran optimism fades  Silver price (XAG/USD) extends its losses for the second successive day, trading around $75.10 per troy ounce during the early European hours on Wednesday. The non-yielding asset faces persistent downward pressure as renewed uncertainty over the status of the Strait of Hormuz sparked fresh fears of an energy-driven inflation shock. Consequently, these supply-side anxieties have bolstered expectations that central banks will maintain a hawkish stance and keep interest rates higher for longer.  Optimism for a US-Iran peace deal rapidly eroded following US military “self-defense” airstrikes in southern Iran. In response, Iran‘s Revolutionary Guard claimed to have targeted an American F-35 fighter jet and several drones for allegedly violating Iranian airspace. Iran’s foreign ministry strongly condemned the strikes in the southern Hormozgan province, branding them a “gross violation” of a fragile, seven-week-old ceasefire. The diplomatic fallout follows state media reports of heavy explosions echoing through the region early Tuesday morning.  Silver traders are closely analyzing the Federal Reserves (Fed) monetary outlook, a key driver for the non-interest-bearing Silver. Market sentiment was recently hit by the US Consumer Confidence Index, which edged down 0.7 points to 93.1 in May from an upwardly revised

05-27Industry

Euro hits fresh monthly highs with Japanese Yen weakness raising intervention concerns

Finance  Euro hits fresh monthly highs with Japanese Yen weakness raising intervention concerns  The Euro (EUR) extends its rally against the Japanese Yen (JPY) for the fourth consecutive day on Wednesday, reaching above 185.46 for the first time since an alleged intervention on April 30. The JPY has failed to draw support from Bank of Japan Governor (BoJ) Uedas hawkish comments and is dropping against its main peers, raising concerns of another intervention.  Ueda warned about second-round effects from inflation on Wednesday and stated that central banks should not look at Oil prices in isolation, because a temporary energy shock “may turn lasting if it alters wages, expectations and price-setting behaviour.”  These comments feed expectations that the BoJ will tighten its monetary policy at its June 15 meeting. The positive impact on the Yen, however, was minimal, with investors‘ concerns about the Japanese economy’s exposure to high Crude prices and the comparatively low yield of Japanese Government Bonds (JGB) undermining speculative demand for the Yen.  In the Eurozone, recent comments from European Central Bank (ECB) policymakers strengthened the case for a rate hike in June and provided support for the Euro. ECB Board member Isabel Schnabel said on Tuesday that “looking through the inflation spike

05-27Industry

Solana - How SOL’s ETF boom pushed Jupiter Lend TVL above $2B

Tech  Solana – How SOLs ETF boom pushed Jupiter Lend TVL above $2B  The Solana [SOL] ecosystem is surging on the back of the Bitwise Solana Staking ETF [BSOL], which has become its leading institutional product with cumulative net inflows approaching $1 billion. Rising BSOL inflows now account for a significant share of Solanas total market capitalization.  Bitwise Solana ETF inflows  At press time, the Bitwise Solana ETF recorded daily net inflows of over $2.29 million, with an average volume of 1.53 million SOL. This lifted cumulative net inflows to $905 million, while assets under management stood at $694.15 million, equal to 1.41% of Solanas total market capitalization.  Source: SoSoValue  Last week alone, Solana ETFs recorded $15.6 million in inflows, marking their third straight week of inflows.  In total, Solana ETFs have attracted $1.13 billion in cumulative net inflows, with total assets under management at $971.34 million and daily net inflows of $5.94 million.  Despite the altcoin‘s muted price, all of these demonstrated institutional demand. As a result, Bitwise Solana ETF’s effects have spread across the SOL ecosystem.  Impact of Bitwise Solana ETF effect  First, liquidity has been expanding across Solana-native protocols. This surplus capital is often moving into lending, staking, and yield-bearing protocols like Jupiter, among others.  For instance, Jupiter

05-27Industry

THORChain approves ADR028 as RUNE holders await network restart

THORChain said developers and security teams are still working to bring the network back online after the May 15 incident. THORChain nodes approved ADR028, moving the network closer to a staged restart after the exploit.The hacker bounty is now active, while protocol-owned liquidity is expected to cover remaining losses.Developers are preparing v3.19.0 testing as tss-lib enters a temporary closed security audit period.  In its latest update, the protocol said the focus is on restoring the network safely, “without rushing any steps.”  The update comes after THORChains official exploit report said the network lost about $10.7 million from one of five vaults. The report said a newly churned node operator entered the network two days before the exploit and used a GG20 Threshold Signature Scheme vulnerability to drain the affected vault. The remaining four vaults were not affected.  THORChain said nodes have upgraded to v3.18.1, a patch that also restores Rujira Networks ability to manage credit accounts, including borrowing and repayments. The next step is cutting and testing v3.19.0, which will include more changes before any mainnet push.  The protocol said the release is expected to move to stagenet by the end of the following day, but added that an “exact timeline is yet to

05-27Industry

Ripple News and XRP Price Update: May 27

Source: CoinGecko  As you can see on the graph, the price action has mostly been choppy and range-bound. XRP is unable to escape the $1.3-$1.4 range, which many analysts consider pivotal.  XRP Ledger Unveils New AMM v2 Standard  The XRP Ledger Foundation has officially proposed a significant upgrade to the XRP Ledgers decentralized exchange in a new draft standard called AMM v2.  The update plans to expand XRPL‘s automated market maker framework far beyond the current constant product model that’s used in XLS-30 AMMs. Behind this proposal, liquidity pool creators would be able to choose from multiple curve types. These would be based on market needs, including Concentrated Liquidity pools, StableSwap pools, Constant product pools, and so forth.  You may also like:  The ultimate purpose behind the proposed upgrade is to improve capital efficiency, liquidity, and tokenization across the entire XRPL ecosystem.  Ripple Eyes Tokenized Finance as Next Major Growth Vertical  Real-world assets cryptocurrencies are becoming increasingly popular, and tokenization is taking over Wall Street. That said, Ripple is positioning itself to capture a slice of a projected $18.9 trillion tokenization market in the next six years, according to a joint study between Ripple-BCG and Securitize.  Some of the biggest names in finance are converging on the same idea:

05-27Industry

The Solana Pattern Traders Love Is Actually a 50% Crash Setup

Tech  The Solana Pattern Traders Love Is Actually a 50% Crash Setup  Solana price has held a rising channel for more than three months, yet the structure may be hiding the same continuation pattern that powered a collapse of over 50% from mid-January to early February.  The token sits roughly 3% above the channels lower trendline. On-chain data shows hodler conviction slipping and short-term holder cushion thinning. The setup is one bad day from breaking.  Solanas Rising Channel Looks Bullish, But the Pattern Hides a Continuation Risk  Solana (SOL) has traded inside a parallel ascending channel since February 6, with the channel base anchored at the bottom of a 50%+ collapse that played out across roughly three weeks from mid-January to early February.  The usually bullish channel itself looks constructive on the surface. SOL has put in higher lows along the lower trendline and tested the upper trendline once.  Yet, the pattern nuance matters. A rising channel that forms immediately after a major drop is often a continuation pattern in disguise rather than a true reversal. Until SOL closes above the upper trendline, the broader bearish trend remains the higher-probability resolution.  SOL Price Chart: TradingView  Volume signals add weight to the warning. Buying volume has fallen steadily since early

05-27Industry
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