US Accuses Chinese Exporters Of Masterminding "Great Transshipment Scam"

Europe Sees 'Hyper-Concentration' Of Crypto 'Wrench Attacks' As Losses Hit $101 Million Authored by Stephen Katte via CoinTelegraph.com, Estimated losses from global crypto wrench attacks reached $101 million in the first four months of 2026, with most attacks occurring in Europe, according to Web3 security company CertiK. With just 34 documented crypto wrench attacks, the losses have nearly doubled those of 2025, which came in at $52.2 million. Europe accounted for 82% of incidents, according to CertiK. “Our 2025 report documented a gradual tilt from Asia and North America toward Europe, and these...

ADNOC Approves $6.2 Billion Gas Project In Abu Dhabi Authored by Tsvetana Paraskova via OilPrice.com, Abu Dhabi’s national oil company ADNOC just announced a $6.2 billion final investment decision to develop the Umm Shaif Gas Cap project in Abu Dhabi as part of its strategy to grow its global gas portfolio. ADNOC will develop the project alongside its international partners - France’s TotalEnergies, Italy’s Eni, and China National Petroleum Corporation (CNPC). The final investment decision (FID) includes three engineering, procurement, and construction (EPC) packages totaling $5.1 billion for large-scale offshore infrastructure awarded by ADNOC to...

Ukrainian Drone Hits Moscow Luxury Tower, Miles From Kremlin A Ukrainian one-way attack drone struck a high-rise apartment building in Moscow in the early hours of Monday, causing no reported casualties and only limited damage. The strike occurred just miles from the Kremlin, highlighting Ukraine's long-range drone strike capabilities. The New York Times reports that the drone strike comes five days before Russia's May 9 Victory Day parade, which has already been scaled back due to the growing drone threat. Moscow Mayor Sergei Sobyanin said there were no casualties, but footage posted...