Thala, a DeFi project in the Aptos ecosystem, released the latest announcement: Due to a security vulnerability attack on the latest V1 liquidity pool contract, assets worth $25 million were stolen. With the help of law enforcement, Seal 911, Ogle, and others, Thala were able to quickly identify the exploiter and negotiate a $300k bounty for a full recovery of user assets.
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Million Stolen from On-Chain Trading Tool DEXX, etc https://wublock.substack.com/p/weekly-project-updates-linea-plans?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true
According to Artemis data, in the past 7 days, the top three net flows of funds in the top 15 blockchain cross-chain bridges are Base\Solana\Sui, and the bottom three are Polygon\ETH\Blast. 96% of Polygon outflows may be expected to return to the Ethereum mainnet after the Polymarket Trump election.
The Twitter account of Giggle Academy, an educational project owned by Binance founder Zhao Changpeng, was hacked and controlled. The account posted a message saying that it would provide rewards through the P2E model. Previously, CZ made it clear that the project would not issue its own tokens.
Fox Business reporter Eleanor Terrett said that Trump's choice for SEC chairman is still unknown, but it seems increasingly likely that Gary Gensler will resign and choose not to complete his term. Gary is likely to announce his departure after Thanksgiving before Trump's inauguration in early January.
Larry Harmon, the founder of crypto mixer Helix, has been sentenced to three years in prison after being arrested in 2020 for helping criminals launder money. The sentence is lenient given his assistance in the Bitcoin Fog mixer case. Harmon was also ordered to forfeit approximately $311 million in cash, as well as more than $400 million worth of cryptocurrency, real estate, and financial assets.
The total value of the stolen tokens of DEXX users of the MEME trading tool that claimed to have completed a security audit by Certik reached $16.79 million, of which $3.45 million was stolen from BAN and $1.75 million was stolen from LUCE. OneKey said that DEXX may have uploaded the user's clipboard content.
Coinbase has now added memecoin FLOKI to its roadmap. FLOKI is a community-driven cryptocurrency that originated from the name of Elon Musk's pet dog. Coinbase and Robinhood announced the launch of PEPE a few days ago, causing a sharp rise in PEPE token price.
DEXX announced that it has recently noticed feedback from multiple users about tokens being transferred out. The team is currently collaborating with several professional security audit teams to actively analyze and investigate the issue. They stated that they have not conducted a rug pull and are working hard to resolve the problem. DEXX is a trading terminal application for memecoins.
According to The Block, court documents show that Tesla CEO Elon Musk rejected OpenAI's proposal to conduct an ICO to issue cryptocurrency in 2018. Sam Altman and Greg Brockman wanted to help the company make a profit by issuing token, but Musk believed that this would cause OpenAI and its related personnel to lose credibility.
15 Nov Options Data 39,000 BTC options expired with a Put Call Ratio of 0.84, a Maxpain point of $80,000 and a notional value of $3.4 billion. 189,000 ETH options expired with a Put Call Ratio of 0.92, a Maxpain point of $3,000 and a notional value of $580 million.
In November 15, the Dubai Financial Services Authority (DFSA) announced that ZetaChain (ZETA) has been recognised by the DFSA. Previously, BTC ETH LTC TON XRP were recognised. These token can lead to better adoption among Dubai financial institutions. https://www.dfsa.ae/news/notice-crypto-token-recognition-1
The U.S. Attorney's Office in Manhattan will devote fewer resources to policing cryptocurrency crimes after securing several major convictions, including that of FTX founder Sam Bankman-Fried, a senior prosecutor said on Friday. The comments came a day after Donald Trump appointed former SEC Chairman Jay Clayton to serve as U.S. attorney for the Southern District of New York.
WuBlockchain Weekly: Bitcoin Market Cap Surpasses Silver, U.S. Advances Initiative to Include Bitcoin in Strategic Reserves, Elon Musk to Lead the Department of Government Efficiency (DOGE), etc https://wublock.substack.com/p/wublockchain-weekly-bitcoin-market?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true
According to FOX Business, the strategic bitcoin reserve bill introduced by the Pennsylvania House of Representatives on Thursday is the first of its kind and will allow the state treasury to allocate 10% of its approximately $7 billion in state funds to bitcoin. The bill will be submitted to the Republican-led Senate for review in the coming weeks and, if passed, will be submitted to the governor for signature.
Just In: Binance Futures will launch the DEGENUSDT Perpetual Contract at 2024-11-15 11:30 (UTC) with up to 75x leverage. Binance has not yet listed its spot trading pairs. Degen is a token on the Base chain, originally a reward token for participants in the Farcaster Degen channel.
The South Korean government has discovered that Upbit, South Korea's largest exchange, has suspected large-scale KYC violations, with about 500,000 to 600,000 copies suspected to be unrecognizable and may be used for money laundering or other criminal activities.
Solidion Technology (NASDAQ: STI), a US-listed battery materials supplier, announced a major financial strategy adjustment, including using 60% of excess cash generated from operations to purchase Bitcoin; converting interest income from cash held in money market accounts into Bitcoin; and designating a certain percentage of funds for long-term Bitcoin acquisitions.
On November 14, the total net outflow of Ethereum spot ETF was 3.2429 million US dollars, the first outflow in recent times. However, BlackRock ETF ETHA still had a net inflow of 18.8693 million US dollars in a single day. https://sosovalue.com/assets/etf/us-eth-spot
On November 14, the Bitcoin spot ETF had a total net outflow of $401 million, the first outflow in recent times. However, BlackRock ETF IBIT still had an inflow of $127 million. https://sosovalue.com/assets/etf