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Beosin Alert has spotted unusual cross-chain asset extraction in the Ronin Bridge, with a contract upgrade oversight leading to 3,996 ETH loss. The incident stems from improper initialization, allowing unauthorized transactions. The funds are currently held by an MEV bot, possibly indicating a white hat intervention. Beosin is working with the Ronin team to resolve this issue. Stay tuned for updates! 🔗
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Ronin Bridge Experiences Abnormal Cross-Chain Asset ExtractionAccording to Odaily, blockchain security audit company Beosin Alert has detected abnormal cross-chain asset extraction behavior in the Ronin Bridge project. The Beosin security team analyzed that the root cause of this abnormal behavior lies in the project's failure to properly initialize the operator weight required for cross-chain transaction confirmation during contract upgrades. This oversight resulted in the minimumVoteWeight parameter in the contract being set to zero, allowing any signature to pass cross-chain verification. Currently, 3,996 ETH has been lost from the Ronin Bridge, with the funds stored at address 0xc6aec68dd6272efcbc74fb5308fe7f070437465e, which is identified as an MEV bot, suggesting it might be a white hat action. Beosin is currently collaborating with the project team to address this incident.

Ronin Bridge Experiences Abnormal Cross-Chain Asset Extraction

According to Odaily, blockchain security audit company Beosin Alert has detected abnormal cross-chain asset extraction behavior in the Ronin Bridge project. The Beosin security team analyzed that the root cause of this abnormal behavior lies in the project's failure to properly initialize the operator weight required for cross-chain transaction confirmation during contract upgrades. This oversight resulted in the minimumVoteWeight parameter in the contract being set to zero, allowing any signature to pass cross-chain verification. Currently, 3,996 ETH has been lost from the Ronin Bridge, with the funds stored at address 0xc6aec68dd6272efcbc74fb5308fe7f070437465e, which is identified as an MEV bot, suggesting it might be a white hat action. Beosin is currently collaborating with the project team to address this incident.
IT WAS ALL A TRAP. ⚠️ While retail investors aggressively panic-sold their assets in the last 48 hours, #JPMorgan reported that institutions bought over $14 billion. 👽 Retail sold -$1 billion -2.5 standard deviations BELOW the 12-month average. Institutions bought +$14 billion +2.9 standard deviations ABOVE the 12-month average. Whales are buying the #DIP 🔥 Crypto bros are NGMI (Not Gonna Make It) if they panic-sell in every dip. This mentality is why the rich get richer and the poor get poorer. ‼️ Glad I advised my community to hold no matter what. We’re already seeing some greens in the market. 💹 Slow recovery, but steady. 💯 Did you panic-sell your bags? #BlackRockETHOptions #Trap #MarketDownturn #RoninBridgeAlert
IT WAS ALL A TRAP. ⚠️

While retail investors aggressively panic-sold their assets in the last 48 hours, #JPMorgan reported that institutions bought over $14 billion. 👽

Retail sold -$1 billion
-2.5 standard deviations BELOW the 12-month average.
Institutions bought +$14 billion
+2.9 standard deviations ABOVE the 12-month average.

Whales are buying the #DIP 🔥
Crypto bros are NGMI (Not Gonna Make It) if they panic-sell in every dip. This mentality is why the rich get richer and the poor get poorer. ‼️

Glad I advised my community to hold no matter what. We’re already seeing some greens in the market. 💹

Slow recovery, but steady. 💯

Did you panic-sell your bags?

#BlackRockETHOptions #Trap #MarketDownturn #RoninBridgeAlert
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🚨 Important News Updates (07-08-2024) 🚨 1- 🇺🇸 Morgan Stanley’s 15,000 advisors will start pitching #Bitcoin ETFs from today. Here we go 🚀 2- 🇭🇰 Standard Chartered’s subsidiary bank Mox starts offering #Bitcoin ETFs on its platform. 3- 🇺🇸 US Senator Cynthia Lummis says, “America does not have to fall victim to a debt spiral.” “We can pull ourselves out of this using #Bitcoin” 4- 🇺🇸 California to regulate 2,800 #Bitcoin ATMs and treat them more like "banks". 5- MICHAEL SAYLOR on CNBC: It is a "great idea" to trade a bit of currency or paper for a #Bitcoin Strategic Reserve please do follow, share and comment for more.. .#BlackRockETHOptions #RoninBridgeAlert #BinanceHODLerBANANA #BinanceTurns7 #BinanceTurns7 $BTC $ETH $BNB
🚨 Important News Updates (07-08-2024) 🚨

1- 🇺🇸 Morgan Stanley’s 15,000 advisors will start pitching #Bitcoin ETFs from today.
Here we go 🚀

2- 🇭🇰 Standard Chartered’s subsidiary bank Mox starts offering #Bitcoin ETFs on its platform.

3- 🇺🇸 US Senator Cynthia Lummis says, “America does not have to fall victim to a debt spiral.”
“We can pull ourselves out of this using #Bitcoin”

4- 🇺🇸 California to regulate 2,800 #Bitcoin ATMs and treat them more like "banks".

5- MICHAEL SAYLOR on CNBC:
It is a "great idea" to trade a bit of currency or paper for a #Bitcoin Strategic Reserve

please do follow, share and comment for more..

.#BlackRockETHOptions #RoninBridgeAlert #BinanceHODLerBANANA #BinanceTurns7 #BinanceTurns7 $BTC $ETH $BNB
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Understood. Here's the data without any bold styling: Price Info Trading Data Square ہے 7.7 1.854 1.860 145.2 61.5 1.853 1.861 398.8 144.0 1.852 1.862 68.3 197.3 1.851 1.863 931.9 269.6 1.850 1.864 979.3 54.0 1.849 1.865 771.5 158.9 1.848 1.866 978.7 61.0 1.847 1.867 4.1 331.8 1.846 1.868 71.3 86.0 1.845 1.869 4,097.3 590.0 1.844 1.870 2,241.5 553.9 1.843 1.871 61.2 253.4 1.842 1.872 35.4 88.6 1.841 1.873 4.1 95.4 1.840 1.874 4.1 53.9 1.839 1.875 33.1 53.9 1.838 1.876 103.6 74.7 1.837 1.877 81.8 53.9 1.836 1.878 4.1 53.9 1.835 1.879 1,491.0 53.9 1.834 1.880 17.6 62.5 1.833 1.885 87.9 264.9 1.832 1.886 36.8 5,015.4 1.831 1.889 1,483.1 200.8 1.830 1.890 5.9 57.2 1.829 1.892 3.6 600.7 1.828 1.894 656.4 2.8 1.827 1.895 3.7 305.4 1.826 1.898 201.0 Please let me know how you'd like to proceed with this data or if you need any specific analysis or#RoninBridgeAlert #Write2Earn! #Babylon_Mainnet_Launch #BinanceTournament #BinanceTournament $BTC {spot}(BTCUSDT)
Understood. Here's the data without any bold styling:

Price

Info

Trading Data

Square

ہے

7.7

1.854

1.860

145.2

61.5

1.853

1.861

398.8

144.0

1.852

1.862

68.3

197.3

1.851

1.863

931.9

269.6

1.850

1.864

979.3

54.0

1.849

1.865

771.5

158.9

1.848

1.866

978.7

61.0

1.847

1.867

4.1

331.8

1.846

1.868

71.3

86.0

1.845

1.869

4,097.3

590.0

1.844

1.870

2,241.5

553.9

1.843

1.871

61.2

253.4

1.842

1.872

35.4

88.6

1.841

1.873

4.1

95.4

1.840

1.874

4.1

53.9

1.839

1.875

33.1

53.9

1.838

1.876

103.6

74.7

1.837

1.877

81.8

53.9

1.836

1.878

4.1

53.9

1.835

1.879

1,491.0

53.9

1.834

1.880

17.6

62.5

1.833

1.885

87.9

264.9

1.832

1.886

36.8

5,015.4

1.831

1.889

1,483.1

200.8

1.830

1.890

5.9

57.2

1.829

1.892

3.6

600.7

1.828

1.894

656.4

2.8

1.827

1.895

3.7

305.4

1.826

1.898

201.0

Please let me know how you'd like to proceed with this data or if you need any specific analysis or#RoninBridgeAlert #Write2Earn! #Babylon_Mainnet_Launch #BinanceTournament #BinanceTournament $BTC
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🔥🥵📉🚀$BTC TECHNICAL ANALYSIS : 1. Support and Resistance: Support: The $55,000 level has acted as strong support recently. Resistance: Immediate resistance lies around $73,612, with a higher target at $77,604. 2. Entry Strategy: - Consider buying near the support level ($55,000) or on a breakout above resistance. - Set a stop-loss below the support level to manage risk. Remember, always adapt your strategy based on market conditions and risk tolerance. 🚀💡#Write2Earn! #BinanceTurns7 #RoninBridgeAlert
🔥🥵📉🚀$BTC TECHNICAL ANALYSIS :

1. Support and Resistance:
Support: The $55,000 level has acted as strong support recently.
Resistance: Immediate resistance lies around $73,612, with a higher target at $77,604.

2. Entry Strategy:
- Consider buying near the support level ($55,000) or on a breakout above resistance.
- Set a stop-loss below the support level to manage risk.

Remember, always adapt your strategy based on market conditions and risk tolerance. 🚀💡#Write2Earn! #BinanceTurns7 #RoninBridgeAlert
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