News list for "event"

Cosine: Infini hackers understand smart contract operations and stole a total of 49,516,662 USDCs twice.

Slow Mist Cosine said that it has followed up the Infini hacking incident for the first time. The attacker is very technical and understands smart contract operations, so it is possible to steal the funds in its Vault and related strategies with a private key, stealing twice: 11,455,666 USDC and 38,060,996 USDC.

clock
2025-02-24 12:36:40
DOGE network activity has fallen to its lowest level since October 2024, with fewer than 60,000 active addresses per day

On-chain analyst Ali Yu said in a post that DOGE network activity has dropped to its lowest level since October 2024. Currently, the number of active addresses per day is less than 60,000, and the number of whale transactions has also decreased significantly, with only 66 transactions.

clock
2025-02-24 04:42:55
mETH Protocol Releases Bybit Security Event Update: No Unauthorized cmETH Exits Have Occurred, Attackers Have Been Blacklisted

The mETH Protocol released an update to the Bybit security incident, which disclosed that a security incident at Bybit resulted in unauthorized withdrawals of mETH and cmETH from the exchange, including the exchange of 8,000 mETH for ETH through three DEX transactions, the initiation of 15,000 cmETH withdrawals through mETH Protoc but unsuccessful completion, the absence of risk to Mantle or mETH Protocol and the reduction of cmETH liquidity on Mantle Network L2, and the blacklisting of the atta...

clock
2025-02-22 19:54:13
Chainflip is strengthening its ETH proxy-level screening mechanism to reject suspicious deposits

Cross-Chain Bridge Chainflip Update on Bybit Theft: We have noticed hackers trying to convert Bybit stolen funds into BTC through Chainflip. Currently, we have shut down some front-end services to stop the flow of funds, but since the protocol is fully decentralized and has 150 nodes, we cannot completely shut down the entire system. As a longer-term solution, we are strengthening the ETH broker-level screening mechanism to reject suspicious deposits through the broker-api. Currently, this mecha...

clock
2025-02-22 17:47:29
Ethena Labs: USDe assets unaffected by Bybit security incident

On February 22, Ethena Labs released news related to the Bybit security incident on X: All spot assets supporting USDe are held in OTC custody solutions, including ByBit via Copper Clearloop. There is no spot-backed value on any exchange, including Bybit. The total unrealized PNL (profits and losses) associated with Bybit's hedging position was less than $30 million and has now fallen to $10 million, less than half of the reserve fund. The current USDe is still over-collateralized. All USDe...

clock
2025-02-22 14:37:26
Arkham: ZachXBT Identifies ByBit Attacker as North Korean Lazarus Group

Arkham posted on the X platform that ZachXBT submitted conclusive evidence of the ByBit attack incident, proving that the North Korean Lazarus Group planned the attack, with test transaction analysis, relevant wallet connections and forensic charts. The report has been submitted to the ByBit team to assist in the investigation. Previously, Arkham created and funded a bounty to help identify the individuals or organizations behind the Bybit hack. Submissions for this bounty will be shared with th...

clock
2025-02-22 04:52:24
BitMart founder: The crypto industry is a community with a shared future, and Bybit will provide support if necessary

In response to the Bybit hacking incident, BitMart founder Sheldon posted on the X platform that the relevant address has been frozen. Once stolen assets flow into BitMart, relevant assets will be frozen immediately to support recovery efforts. He pointed out that "the cryptocurrency industry is a community with a shared future, and the most important thing in this industry is reputation. We want to work together to help Bybit recover its losses and recover its assets. This industry needs everyo...

clock
2025-02-22 01:12:13
Vitalik: The Ethereum priority should be to improve interoperability between L2 and L2

Vitalik Buterin said at the AMA event that the Ethereum priority should be to improve interoperability between L2, because there are not too many Stakeholders, everyone has a common interest, so the process will be much simpler. Then it can be scaled up to do more cross-crypto interoperability, even from cryptocurrencies to fiat currencies.

clock
2025-02-20 16:26:47
Important macro event forecast this week: Fed releases meeting notes

This week's key macro events and data forecasts are as follows: Monday: European Central Bank Governing Council Nagel, Federal Reserve Governor Bowman, Federal Reserve Harker and other speeches; The US stock market closed for one day on the US President's Day; the US CME's precious metals and US crude oil futures contract trading ended at 03:30 on the 18th Beijing time ahead of schedule, and the stock index futures contract trading ended at 02:0 on the 18th Beijing time ahead of schedule.

clock
2025-02-17 08:53:51
Jupiter Responds to LIBRA Events: Not Participated in LIBRA Issuance in Any Form

Jupiter posted a response to the LIBRA controversy: Several members of the Jupiter team learned directly from Kelsier Ventures that about two weeks ago, there would be a token project related to Argentine President Javier Milei. At first we were not sure of its authenticity, but then we saw credible evidence from public tweets from Milei's personal account that he...

clock
2025-02-17 02:47:56
zkLend publishes post-event analysis of security incidents: fair and appropriate compensation plans will be developed

ZkLend published a post-event analysis on the X platform, which states that zkLend was attacked starting on February 11, resulting in a loss of about $9.60 million in capital: Before considering restarting the protocol, the security team and auditors will deploy security patches and conduct a thorough review. Continue to partner with zeroShadow to track further funding flows. The community will be provided with regular and transparent updates on the progress of the situation and the measures tak...

clock
2025-02-14 21:24:11
This could end up being a major economic boon. Economists at Goldman Sachs have outlined the economic and financial implications of two ceasefire scenarios. Click to view...

This could end up being a major economic boon. Economists at Goldman Sachs have outlined the economic and financial implications of two ceasefire scenarios. Click to view...

clock
2025-02-14 13:29:44
Hong Kong Exhibition will host a number of large-scale exhibitions such as the Bitcoin Conference this year

On February 14, Mei Li Yuxia, managing director of Hong Kong Convention and Exhibition Management Company, said that in order to cooperate with the development of financial technology in Hong Kong, this year's exhibition will hold a number of large-scale exhibitions related to cryptocurrency and Web3, including the Consensus Hong Kong 2025 on February 18. More than 8,000 cryptocurrency, blockchain and Web3 related industry professionals are expected to participate, of which 6,000 are from all ov...

clock
2025-02-14 10:21:23
"DeepSeek proves that a single catalyst can trigger a collective outburst in stocks, similar to the resonance effect of the dotcom bubble," said BofA's head of US equity derivatives research. Click to view...

"DeepSeek proves that a single catalyst can trigger a collective outburst in stocks, similar to the resonance effect of the dotcom bubble," said BofA's head of US equity derivatives research. Click to view...

clock
2025-02-14 10:29:18
CZ: No experience with Meme coin issuance, fully agree that "the crypto community does not need more Meme"

Binance Lianchuang CZ posted on the X platform that it hopes to see more activities on the BSC chain. It does not want to participate in issuing/running Meme coins because it has no relevant experience and believes that Meme coins are driven by the community. Community users posted an opinion: "People leave the blockchain because there are too many frauds and scams on the chain, which was once unbearable. Other blockchains have seen this situation. Now they don't need more Meme coins, but more p...

clock
2025-02-14 09:07:19