Arbitrum DAO announced that the community has approved the allocation of 35 million ARBs to various stable assets with a total investment value of approximately $15.50 million. The funds come from the project's Stable Treasury Endowment Program (STEP), which previously allocated 35 million ARBs to investments in six products in June 2024. It is understood that STEP is a plan to invest 1% of Arbitrum DAO funds in tokenized RWA, with the aim of diversifying DAO funds while leveraging industry grow...
According to market data, after the "$35 million fwDETH theft" occurred earlier today, the price of the Blast chain ETH packaging token fwDETH fell by more than 95% to about $85, and has continued to recover to $700. The 24-hour decline is still 63.77%, in a serious off-anchor state. Previously, it was reported that a whale address was phished earlier today, losing 15,079 fwDETH, worth about $35 million. On-chain data analytics firm Lookonchain said the address may be related to Continue Capital...
In the wake of the recent $235 million hack, WazirX co-founder and CEO Nischal Shetty has clarified growing concerns about the exchange's operations and ownership. Responding to questions on social media, Shetty revealed that he was still "running the exchange on behalf of [the owners] until the dispute is resolved". When asked how trading is managed and how the exchange might withdraw...
Arkham wrote on X that the reward for the $235 million attack on WazirX has been resolved by on-chain detective ZachXBT. ZachXBT submitted clear evidence that the attackers used KYC-linked deposit addresses to obtain funds from the WazirX vulnerability. This met one of the criteria for the bounty - "identifying KYCCEX deposits".
Arkham is offering a $235 million Bounty for the WazirX Stolen Attack, which will reward contributions such as identifying KYC CEX deposits, uncovering the attackers, and successfully recovering funds. Any information submitted by participants will be shared with the WazirX team.
The Arbitrum DAO community has voted to invest 35 million ARBs in RWA with a 99.44% approval rating. The proposal includes investing 35 million ARBs in RWA, 11 million ARBs in BlackRock's BUIDL through Securitize, 6 million ARBs in Ondo USDY and Superstate USTB, and 4 million ARBs in Mountain USDM, OpenEden TBill, and Backed Finance blB01.
The Arbitrum (STEP) Committee proposes to invest 35 million ARBs in RWA, including: Invested 11 million ARBs in BlackRock's BUIDL through Securitize; Invested 6 million ARBs in Ondo USDY and Superstate USTB respectively. Invested 4 million ARBs in Mountain USDM, OpenEden TBil and Backed Finance blB01.
According to Lookonchain, James Fickel continues to buy ETH and is long the ETH/BTC pair. Since the launch of the spot Bitcoin ETF on January 10, he has borrowed 2301 WBTC (119.75 million USD) from AAVE and exchanged 41,947 ETH at 0.055. In the past three days, he spent $35 million on 10,952 ETH at $3,196.