Nearly 4 years after the $120M Elrond exploit, Romanian prosecutors say the attackers were former Elrond employees.
According to court documents cited by Romanian media:
• 1.65 million EGLD were allegedly extracted by exploiting a known smart contract vulnerability before a security fix was deployed.
• The exploit reportedly destabilized the WEGLD/EGLD peg and forced the exchange offline due to liquidity issues.
• Prosecutors claim the individuals had prior knowledge of the vulnerability through internal discussions.
• Two defendants admitted their involvement and received suspended sentences.
• A third former employee is currently standing trial.
If confirmed through the courts, this would make one of the most significant insider-related incidents in crypto history.
elrond-erd-2:native @multiversxfndn@MultiversX
BREAKING: Mastercard is introducing always-on stablecoin settlement on Solana.
3.7 billion cards. 210+ countries. One of the largest payment networks on earth, now settling onchain.
@xPortalApp@solana Funny. Back in the day (~2021) Beniamin didnt spoke once about #Solana. Never mentioned it. There was straight competition. Now that Solana won and #MultiversX is out of CMC top 150, the ass kissing begins. I love xPortal! Best wallet ever, but Mincu's arrogance is bad for #EGLD
@SasuRobert I am glad i sold all my #EGLD ! Unserious builders with no roadmap, no respected deadlines, that dont deliver. It was ok until 2022. After that, it went only down ! 😉
@CStreza iBan's and p2p fiat transfers were supposed to be available on xportal in Q1 2024. Dont dont forget that. They told me face to face in the sibiu meeting in q4 2023. Still not available 2 years later ! What a mess !
@SasuRobert I sae hundreds of hack and scams on defi bun never saw on news how a bank just got hacked and users lost millions of $ and not even getting anything back. Your vision is far from reality and you asipre to an ideal concept wich can not be implemented in an uneducated society.
did you know compute is becoming the scarcest resource on the planet?
$RENDER is already up 44% from its recent bottom & the countdown is just getting started:
> 73.2M cumulative frames rendered
> 60K GPUs added in April 2026
> AI workloads now 35-40% of all job volume
> token burns up 25.82% MoM in April 2026 & 36.85% YoY vs. April 2025
more centralized solutions are showing some warning signs:
> SK Hynix & Micron have their entire 2026 HBM output sold out
> on-demand H100s on major cloud platforms are now "genuinely unreliable" leading to unavailability, throttling issues or 2-3x costs in on-demand pricing
> Anthropic just signed a compute deal with SpaceX/xAI because centralized cloud can't keep up
> Jensen Huang, CEO of Nvidia: AI compute requirements increasing "by an order of magnitude every single year"
> AI compute capacity doubling every 7 months
this a preview of what happens when AI truly scales
decentralized compute is shaping up to capture a system that's maxing out capacity
& @rendernetwork is perfectly positioned for the overflow 🔥
🐋 WHALE WATCH: The GPU shortage is real and $RENDER is the solution.
We just witnessed a massive correction that shook out the weak hands. Now we are coiled tight in a macro triangle at the $2.00 support level. The last time $RENDER based like this it delivered a 3300% move.
History is rhyming. We are looking at a projected +734% expansion to take us back toward the double digits. AI and DePIN are the narratives of 2026. Dont be late to the most obvious play on the board.
@Adisan_youtube@blmihnea@MultiversX Nu mai visati aiurea...Daca nu detineati moneda nu ati fi avut sperante la 300$ uitandu-va la acel grafic. Nu zic ca nu mai face un bounce, dar nu mai trece de 100 veci 🤣🤣 cand vad baietii iar 50-75$ vand cu 7 maini. Ei vand si la 4$, apai la 50. 😉🤣