ME fell below 5 USDT and is now trading at 4.9699 USDT Magi | Kun Lee on Binance Square

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ME fell below 5 USDT and is now trading at 4.9699 USDT
Magic Eden (ME) price fell below 5 USDT, currently reported at 4.9699 USDT, with a daily increase of 15.49%.
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A whale spent $33.9 million to buy 766,083 TRUMPs, with a floating loss of about $11 million Foresight News reported that according to Lookonchain monitoring, a "whale that previously made a profit of $11.8 million on TRUMP" spent $33.9 million to buy 766,083 TRUMP, with an unrealized loss of about $11 million. $BTC $ETH $SOL

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A whale suffered heavy losses on TRUMP, almost wiping out previous profits PANews reported on January 26 that according to Lookonchain monitoring, a whale who previously made a profit of $11.8 million through $TRUMP, recently spent $33.9 million at an average price of $44.25 to purchase 766,083 $TRUMP (about $229 million). However, the current investment has lost $11 million, almost completely wiping out the previous profit. $BTC $ETH $SOL

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Crypto trading platform NoOnes confirms $8 million attack, disables affected bridge On January 26, the peer-to-peer cryptocurrency trading platform NoOnes revealed that the platform had recently experienced a major security vulnerability, resulting in the loss of approximately $8 million in crypto assets. CEO Ray Youssef confirmed this information after the on-chain investigator ZachXBT disclosed the hacking attack on his Telegram channel. Youssef, who previously served as the CEO of the competing peer-to-peer crypto platform Paxful, explained that the vulnerability occurred on January 1 due to the exploitation of the platform's <Solana> bridge. In response, NoOnes immediately took action and disabled the vulnerable bridge. As of now, the bridge remains offline. Youssef posted on X, stating: "We quickly took action to contain the vulnerability, and user funds and personal data remain secure." He also mentioned that the company is committed to further protecting the system and will not resume support for <Solana> until a thorough penetration test is conducted. (Crowdfund Insider) $BTC $ETH $SOL

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NoOnes CEO confirms that it was hacked due to a vulnerability in its Solana cross-chain bridge According to Crowdfundinsider, the P2P cryptocurrency trading platform NoOnes has confirmed that it suffered a major security breach earlier this month, resulting in the loss of approximately $8 million in crypto assets. NoOnes CEO Ray Youssef confirmed on the Telegram channel that the hack occurred on January 1st, due to a vulnerability in the platform's Solana cross-chain bridge. Previously, according to cryptocurrency researcher ZachXBT, the hackers transferred funds across multiple networks, including Ethereum, Tron, Solana, and Binance Smart Chain, in small transactions of around $7,000 each, over the course of two days, totaling approximately $79 million. The stolen funds were then transferred to Tornado Cash for mixing. The platform has currently shut down the affected Solana cross-chain bridge and stated that it will not resume Solana support until a comprehensive penetration test is completed. $BTC $ETH $SOL

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A whale bought another $2 million of TRUMP, with cumulative earnings exceeding $24.38 million PANews reported on January 26 that according to Ember Monitoring, a whale that previously made a profit of $39.15 million on PNUT, TRUMP, MELANIA and other MEME coins, purchased 66,855 TRUMP tokens for $2 million USDC 4 hours ago, at an average price of $29.9. The address had previously realized $24.38 million in profits from TRUMP transactions. $BTC $ETH $SOL

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