Liquidators of Mirror Trading International, a massive South African crypto 
pyramid scheme, have received over 9,441 claims totaling nearly $395 million. 
Shrinking Assets and Rising Legal Costs Liquidators overseeing the collapse of 
Mirror Trading International (MTI), once described as South Africa’s largest 
pyramid scheme, have received 9,441 claims totaling nearly $395 million (6.5 
billion rands), […]

MTI Liquidators Face 9,441 Claims as $35.8M Estate Shrinks Before Payouts

Blockchain security firm Blockaid flagged an active smart contract exploit 
draining $132,700 from ShapeShift&#8217;s FOX Colony on Arbitrum. Blockaid flagged 
the incident on X on May 13, identifying the attacker wallet at 
0xeed236Afb6967f74099a0a6bf078BC6b865fbf28. FOX Colony is ShapeShift&#8217;s 
community governance and…

Blockaid flags ShapeShift smart contract exploit

The company said the program is designed to promote institutional yield 
generation and cross-chain returns for a wider range of users through 
stablecoin-based lending and liquidity strategies. TownSquare announced the 
launch of a $100 million liquidity program tied to the…

TownSquare unveils $100 million USD1 liquidity initiative

Nvidia&#8217;s massive AI investments could centralize power in the AI sector, 
risking financial instability if AI demand falters, echoing past tech bubbles.
The post Nvidia commits over $40B to AI equity deals in 2026, raising dot-com 
era comparisons appeared first on Crypto Briefing.

Nvidia commits over $40B to AI equity deals in 2026, raising dot-com era comparisons

Persistent inflation pressures may delay rate cuts, impacting borrowing costs 
and increasing volatility in crypto and other risk assets.
The post US consumer price index rises 3.8%, highest since May 2023 appeared 
first on Crypto Briefing.

US consumer price index rises 3.8%, highest since May 2023

China&#8217;s vessel withdrawal may ease Strait tensions, impacting oil prices and 
highlighting shifting geopolitical alliances and economic strategies.
The post Chinese vessels exit Strait of Hormuz amid Beijing&#8217;s opposition to 
Iranian tolls appeared first on Crypto Briefing.

MTI Liquidators Face 9,441 Claims as $35.8M Estate Shrinks Before Payouts

Comments