Crypto exploits have drained $36 million from protocols this month, with the Verus bridge accounting for $8 million of that total. The incidents are the latest in a string of security breaches that continue to plague the decentralized finance space.
Verus Bridge Losses
The Verus bridge exploit represents about 22% of the overall losses. Specific details on how the attack unfolded haven't been disclosed, but the incident adds to a growing list of cross-chain bridge hacks. Bridges have been a frequent target for attackers due to the complexity of securing funds across different blockchains.
Bitcoin Prediction Market Nears Certainty
A prediction market gave a 99.9% probability that Bitcoin would be above $54,000 by July 23, 2026. Such a high level of certainty is unusual and reflects strong market conviction. The forecast offers a snapshot of sentiment among traders ahead of that deadline.
