BONZO LEND LOSES $9M IN ORACLE EXPLOIT ON HEDERA
An attacker manipulated SAUCE token pricing through a vulnerability in Supra's oracle verifier to drain $9M from Bonzo Lend, a lending protocol built on Aave v2 architecture, after exploiting a flaw in the oracle verification layer, with the attacker borrowing roughly $9 million in other assets. The protocol supports multiple assets including HBAR, USDC, and SAUCE. This incident occurred due to the attacker inflating SAUCE valuation.
An attacker manipulated SAUCE token pricing through a vulnerability in Supra's oracle verifier to drain $9M from Bonzo Lend, a lending protocol built on Aave v2 architecture, after exploiting a flaw in the oracle verification layer, with the attacker borrowing roughly $9 million in other assets. The protocol supports multiple assets including HBAR, USDC, and SAUCE. This incident occurred due to the attacker inflating SAUCE valuation.
LAB TOKEN CRASHES 97% AFTER ONCHAIN INVESTIGATION
ZachXBT linked an entity funded by the LAB team to the token's 97% price crash, with the team rejecting any project-level cause, in a Telegram post.
ZachXBT linked an entity funded by the LAB team to the token's 97% price crash, with the team rejecting any project-level cause, in a Telegram post.
🚨 BITCOIN ETF SEES $424 MILLION OUTFLOWS
US spot Bitcoin ETFs saw $424 million in net outflows, a significant development in the market, with traders and builders closely watching the impact on liquidity and risk, and compliance teams assessing operational changes, as the market shifts toward practical considerations.
US spot Bitcoin ETFs saw $424 million in net outflows, a significant development in the market, with traders and builders closely watching the impact on liquidity and risk, and compliance teams assessing operational changes, as the market shifts toward practical considerations.
JUST IN: SpaceX $SPCX closes below its IPO price for the first time since it went public.
JUST IN: 🇺🇸🇮🇷 Brent Crude Oil surges 5% to $100 after President Trump threatens "massive attack" on Iran.
🚨 STRATEGY AND BLACKROCK FORM $15M BITCOIN SECURITY CONSORTIUM
Strategy and BlackRock formed a consortium with 7 other firms to fund post-quantum cryptography research with $15 million. The consortium aims to prepare for the quantum computing threat. This move involves 9 firms in total.
Strategy and BlackRock formed a consortium with 7 other firms to fund post-quantum cryptography research with $15 million. The consortium aims to prepare for the quantum computing threat. This move involves 9 firms in total.
SECRET SERVICE RECOVERS $25 MILLION IN CRYPTO FROM FIVE INVESTIGATIONS
The Secret Service seized $25 million in cryptocurrency through five investigations into international fraud schemes, with $12.1 million from romance scams and $8.6 million from fraudulent investment platforms, affecting thousands of victims worldwide. The largest complaints involve romance scams and fraudulent investment platforms. This recovery is a result of multiple investigations conducted by the Cyber Fraud Task Force.
The Secret Service seized $25 million in cryptocurrency through five investigations into international fraud schemes, with $12.1 million from romance scams and $8.6 million from fraudulent investment platforms, affecting thousands of victims worldwide. The largest complaints involve romance scams and fraudulent investment platforms. This recovery is a result of multiple investigations conducted by the Cyber Fraud Task Force.
A mysterious whale (possibly a miner) has deposited 6,494 $BTC($420.5M) to #Binance over the past 3 weeks.
https://arkm.com/explorer/address/bc1qsylwjhesm58uw9vsp7vwgadq5fqna4e3e8qnpd
https://arkm.com/explorer/address/bc1qsylwjhesm58uw9vsp7vwgadq5fqna4e3e8qnpd
JUST IN: $100,000,000 worth of longs liquidated from the crypto market in the past hour as Bitcoin falls under $76,000
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$1,000 invested 15 years ago today would be worth:
• Bitcoin: $8,970,000
• Nvidia: $735,000
• Tesla: $231,000
• Apple: $29,000
• S&P: $8,400
• Gold: $2,150
• Bitcoin: $8,970,000
• Nvidia: $735,000
• Tesla: $231,000
• Apple: $29,000
• S&P: $8,400
• Gold: $2,150
Saudi Arabia withdraws from Chinese-led digital currency & blockchain payment system that reduces reliance on the US dollar.