#PeckShieldAlert# As of mid-May 2026, the crypto space has witnessed 8 major #bridge-related# exploits, with hackers exfiltrating a cumulative $328.6M from cross-chain protocols. The table below outlines the details of these incidents:

🚨 Community alert: Blockaid's exploit detection system has identified an on-going exploit on the @veruscoin Verus-Ethereum Bridge ( ~$11.58M drained so far. More details in🧵

#PeckShieldAlert# @THORChain has been exploited for ~$10M worth of crypto, including 36.75 $BTC ($3M) and ~$7M worth of assets from #BNBChain#, #Ethereum#, and #Base#. The stolen funds mainly sit in: bc1ql4u94klk265lnfur2ujk9p6uh52f2a8jhf6f37 0xd477b69551f49C0519F9B18c55030676138890Bd

For years, digital assets were trapped in a regulatory gray zone. That uncertainty drove innovation overseas, left Americans exposed, and made it harder for law enforcement to do its job. Today, Chairman @SenatorTimScott and @SenLummis are leading the Committee to change that.

🇺🇸🇨🇳 JUST IN: Trump and Xi Shake Hands in Beijing President @realDonaldTrump and President Xi Jinping shook hands as Xi held an official welcome ceremony for Trump’s state visit to China. The two leaders are expected to hold high-level talks on U.S.-China relations and global issues.

🚨NEW: Negotiations between a small group of bipartisan senators aimed at getting Democrats to a better place on at least two outstanding Clarity Act issues wrapped for the night without a deal, I’m told. In a statement, one of the lead GOP negotiators, @SenLummis, said: “Ultimately, we have agreement on 99% of the bill. I hope my colleagues across the aisle will work with me to get the remaining 1% resolved after we pass this bill out of committee. Otherwise, when or if another FTX happens, we will have no one to blame but ourselves.” Democrats like @SenAdamSchiff and @SenRubenGallego had been pushing to reach a compromise on ethics/conflicts of interest involving the First Family ahead of tomorrow’s markup as a condition of their support for the bill, while other Democrats voiced eleventh-hour concerns about provisions tied to the Blockchain Regulatory Certainty Act (BRCA), which would prevent non-custodial software developers from being prosecuted under money transmitter laws. It’s my understanding that meaningful progress was made on ethics, but last minute disagreements over BRCA changes ultimately prevented a deal from coming together. Of course, it’s still unclear how the five pro-crypto Democrats on the Banking Committee will ultimately vote tomorrow, but as of now, the expectation is that the markup will be partisan.

#PeckShieldAlert# @TransitFinance seems to have been hacked for ~$1.88M The stolen funds are currently sitting in the following address in $DAI: 0x8a634DfA2609358849D7D65FFA270C8A57a8abA5

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🏛️ U.S. Senate Releases Crypto Market Structure Bill Draft @BankingGOP released the latest crypto market structure bill ahead of this week’s hearing. The draft keeps protections for DeFi developers, includes limits on stablecoin yield, and aims to bring crypto markets further into the regulated financial system. A separate ethics provision remains a key unresolved issue.

🧾 Reported Executive Delegation for Trump’s China Visit A reported list of business leaders accompanying President Trump on his China visit includes: • Jane Fraser — Citi • Tim Cook — Apple • Elon Musk — Tesla • Brian Sikes — Cargill • Larry Fink — BlackRock • Kelly Ortberg — Boeing • Ryan McInerney — Visa • Chuck Robbins — Cisco • Jacob Thaysen — Illumina • Jim Anderson — Coherent • Sanjay Mehrotra — Micron • Cristiano Amon — Qualcomm • Michael Miebach — Mastercard • Dina Powell McCormick — Meta • David Solomon — Goldman Sachs • H. Lawrence Culp — GE Aerospace • Stephen Schwarzman — Blackstone NVIDIA CEO Jensen Huang is reportedly not on the list.