🇺🇸🥷 #USDC AFX-Operated Bridge Loses $24.15 Million in USDC Exploit
Onchain security firm Blockaid reported an attack on a cross-chain bridge operated by the Arbitrum-based protocol AFX at 21:30 UTC on July 22. Approximately $24.15 million in USDC was stolen. USDC is a U.S. dollar-pegged stablecoin issued by Circle. The compromised bridge was operated independently by AFX and was not Arbitrum’s official bridge. #hack
Onchain security firm Blockaid reported an attack on a cross-chain bridge operated by the Arbitrum-based protocol AFX at 21:30 UTC on July 22. Approximately $24.15 million in USDC was stolen. USDC is a U.S. dollar-pegged stablecoin issued by Circle. The compromised bridge was operated independently by AFX and was not Arbitrum’s official bridge. #hack
🇺🇸🥷 #USDC AFX-Operated Bridge Loses $24.15 Million in USDC Exploit
Onchain security firm Blockaid reported an attack on a cross-chain bridge operated by the Arbitrum-based protocol AFX at 21:30 UTC on July 22. Approximately $24.15 million in USDC was stolen. USDC is a U.S. dollar-pegged stablecoin issued by Circle. The compromised bridge was operated independently by AFX and was not Arbitrum’s official bridge. #hack
Onchain security firm Blockaid reported an attack on a cross-chain bridge operated by the Arbitrum-based protocol AFX at 21:30 UTC on July 22. Approximately $24.15 million in USDC was stolen. USDC is a U.S. dollar-pegged stablecoin issued by Circle. The compromised bridge was operated independently by AFX and was not Arbitrum’s official bridge. #hack
🗽 Senate Democrats oppose the new Crypto Clarity Act draft bill but are collaborating with Republicans to get it "over the finish line."
🕵️♂️ Bearish Whale Deposited 31M $USDC on Hyperliquid in the Last 3 Days
A Hyperliquid whale deposited 31.12M $USDC over the past 3 days and now holds $64.9M in short positions.
The latest deposit:
• 5.12M $USDC
Current positions:
→ $43.93M $SKHX short
→ $17.07M $BRENTOIL short
→ Additional shorts across $SMSN, $HIMS, and $NVDA
The wallet is currently 100% short.
Address: 0xebe126adabe1a8f08d3ce53b45e7cc994ca14070
A Hyperliquid whale deposited 31.12M $USDC over the past 3 days and now holds $64.9M in short positions.
The latest deposit:
• 5.12M $USDC
Current positions:
→ $43.93M $SKHX short
→ $17.07M $BRENTOIL short
→ Additional shorts across $SMSN, $HIMS, and $NVDA
The wallet is currently 100% short.
Address: 0xebe126adabe1a8f08d3ce53b45e7cc994ca14070
🇺🇸📊 #IBIT #BTC #ETH Ether ETFs Outpace Bitcoin Funds as BlackRock Leads Inflows
According to SoSoValue, U.S. spot Bitcoin ETFs recorded total net inflows of $68.99 million on July 23, led by BlackRock’s IBIT with $38.78 million. Spot Ethereum ETFs drew $72.64 million, with BlackRock’s ETHA posting the largest single-day inflow at $53.47 million. BlackRock is the world’s largest asset manager and operates the largest U.S. spot Bitcoin ETF by assets. #etf
According to SoSoValue, U.S. spot Bitcoin ETFs recorded total net inflows of $68.99 million on July 23, led by BlackRock’s IBIT with $38.78 million. Spot Ethereum ETFs drew $72.64 million, with BlackRock’s ETHA posting the largest single-day inflow at $53.47 million. BlackRock is the world’s largest asset manager and operates the largest U.S. spot Bitcoin ETF by assets. #etf
💼 S&P Launches the "Blockchain Fundamentals" Index for Digital Assets - Cointelegraph.
🕵️♂️ Multicoin-linked wallet moves 490K $HYPE (~$29.48M) in 2 days
A wallet likely belonging to Multicoin Capital just moved 93K $HYPE (~$5.48M) to fresh wallets.
New addresses:
• 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1
• 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70
This follows a similar move two days ago from the same wallet: 397.5K $HYPE (~$24M) was transferred, shuffled across multiple addresses, and eventually deposited to Coinbase.
A wallet likely belonging to Multicoin Capital just moved 93K $HYPE (~$5.48M) to fresh wallets.
New addresses:
• 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1
• 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70
This follows a similar move two days ago from the same wallet: 397.5K $HYPE (~$24M) was transferred, shuffled across multiple addresses, and eventually deposited to Coinbase.
🥷 #SOL Remember the Drift Protocol $285M exploit in April?
After three months of inactivity, the exploiter has started moving funds through Tornado Cash. The attacker is depositing ETH in rapid 100 $ETH batches into the Tornado Cash Router, with multiple transfers every minute. The stolen funds had remained dormant since the exploit, until this latest activity.
Track the movement:
[Interact on X](status/2080189941255114873) #hack
After three months of inactivity, the exploiter has started moving funds through Tornado Cash. The attacker is depositing ETH in rapid 100 $ETH batches into the Tornado Cash Router, with multiple transfers every minute. The stolen funds had remained dormant since the exploit, until this latest activity.
Track the movement:
[Interact on X](status/2080189941255114873) #hack
🥷 #SOL Remember the Drift Protocol $285M exploit in April?
After three months of inactivity, the exploiter has started moving funds through Tornado Cash. The attacker is depositing ETH in rapid 100 $ETH batches into the Tornado Cash Router, with multiple transfers every minute. The stolen funds had remained dormant since the exploit, until this latest activity.
Track the movement:
[Interact on X](status/2080189941255114873) #hack
After three months of inactivity, the exploiter has started moving funds through Tornado Cash. The attacker is depositing ETH in rapid 100 $ETH batches into the Tornado Cash Router, with multiple transfers every minute. The stolen funds had remained dormant since the exploit, until this latest activity.
Track the movement:
[Interact on X](status/2080189941255114873) #hack
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🇰🇷🏦 #USDC Circle has entered into a partnership agreement with Kakao and Toss Bank to explore the potential use of stablecoins as payment channels in South Korea. #stablecoin
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