Author: Olivia Martinez

The TRU token collapsed from $0.1659 to near zero, wiping out market value. Liquidity on decentralised exchanges dried up following the exploit. The attacker wallet was linked to a Sparkle protocol attack 12 days earlier. A serious security breach at Truebit Protocol has triggered one of the sharpest collapses seen in decentralised finance this year. The blockchain project, which focuses on verified computing, lost around $26.5 million after an attacker exploited a weakness in its smart contract system. The incident sent the protocol’s native TRU token crashing to near zero and left liquidity across decentralised exchanges severely strained. On-chain movements…

Ethereum rally above $2,100 follows a sharp spike in open interest. A break above the resistance at $2,175 could open the path toward $2,500. Large ETH withdrawals from exchanges point to tightening supply. Ethereum has climbed above the $2,100 after a strong daily rally that pushed the asset higher amid renewed interest in derivatives markets. The move follows a period of consolidation that had kept the price trapped near the $2,000 level for several sessions. The surge has now placed the $2,500 region firmly on the radar of short-term traders. At the same time, comments from Vitalik Buterin about the…