THE TICKER IS priceETH

Verus-Ethereum Bridge Exploited - $11.58M Drained Another cross-chain bridge falls. The Verus-Ethereum Bridge was hit on May 17–18 in a forged cross-chain transfer attack, with attackers draining ~$11.58M in crypto. What was stolen: 103.6 tBTC + 1,625 ETH + ~147K USDC The hacker swapped everything into 5,402 ETH (~$11.4M) and parked it in a single wallet. Funding came via Tornado Cash ~14 hours before the drain — a textbook pre-attack setup. Root cause (the important part): This was NOT a key compromise, signature bypass, or hash collision. Per Blockaid, it was a missing source-amount validation, the bridge verified Merkle proofs and state roots correctly, but never checked if the source-chain transaction actually backed the payout with real value. In simple terms: the attacker spent ~$10 in fees to forge $11.5M out. Same vulnerability class as the 2022 Nomad ($190M) and Wormhole ($325M) hacks. CryptoPatel Summary: Bridges remain DeFi's weakest link. "Cryptographically verified" ≠ "economically validated." Before bridging assets, check the protocol's audit history and never leave large funds idle on a bridge contract. Verus team has not officially confirmed yet, figures are from Blockaid, PeckShield & ExVul. Stay safe. ALWAYS DYOR.

$563M LONG LIQUIDATIONS in 24H - biggest leveraged bull flush since Feb. ETH & BTC dragged the tape lower on macro risk-off. Cascading margin calls = forced sells = accelerated downside.

75k is just a matter of time. Trying to buy at the bottom right now is just as risky as shorting at 80k. The trend for $BTC looks bad, but at least it's not as bad as $ETH

$ETH remains stuck in a bearish trend 📉 No fakeouts, no surprises — sellers still control the market. ⚠️

⚠️ $ETH weakness continues after failing to hold above $2,150. Now watching: • $2,050–$2,070 support zone • Oversold 4H conditions • Possible short-term rebound setup A bounce here wouldn’t be surprising after this sharp flush.