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Wild World token WILD plunged 63.3 per cent on a series of liquidations. Arthur Hayes wrote on X: "Please be fully aware of the risks of using leverage and debt in the DeFi space, this liquidation could have been avoided. Having said that, thanks for allowing me to increase my holdings of WILD tokens at a lower cost. Looking forward to the official launch of Open World in December." According to Wild World developer n3o, WILD's flash crash was not caused by any security bugs or...
On June 9th, according to crypto journalist Eleanor Terrett, a joint statement from eight major crypto industry associations is about to be released, and Uniswap and Jump Crypto will also participate in the statement, expressing support for the inclusion of the Blockchain Regulatory Certification Act (BRCA) in the latest version of the CLARITY Act. Eight major crypto policy organizations in Washington, D.C. issued a joint statement calling on Congress to include the Blockchain Regulatory Certifi...
On February 24th, Infini founder @Christianeth posted on the X platform that 70% of the stolen 50 million dollars belong to big family friends who know each other. At present, they have communicated one by one and will bear the possible losses and settle privately. The remaining funds will be re-invested in infini vault before next Monday. Everything is business as usual. The funds are ready. In the middle, they will respond to any withdrawal needs. It will take some time to upgrade and restart ...
Bybit posted that ETH reserves are close to 100% and deposits and withdrawals are back to normal. We know where the money is going and are committed to turning this experience into an opportunity to strengthen the ecosystem. Steps are being taken to help the crypto space grow.
On February 24th, Bybit CEO Ben Zhou wrote that the Bybit exchange has fully filled the previous Ethereum reserve gap, and the new Proof of Reserve (POR) audit report will be released soon.
Chain analyst Ali Yu X wrote that the whales have sold more than 78 million OM in the past week.
Bybit posted on the X platform, "Through coordinated efforts, $42.89 million was frozen in just one day. Thanks to the following teams for their prompt action: Tether: Mark the address and freeze 181,000 USDT THORChain: blocked the blacklist ChangeNOW: Freeze 34 ETH FixedFloat: Freeze 120,000 USDC + USDT Avalanche: 0.38755 BTC frozen CoinEx Global: Blocking Blacklists and Providing Key Insights Bitget: Blocked blacklist and froze 84 USDT Circle: Helps connect and provide vital clues Thanks...
On February 23rd, Bitinning founder Kashif Raza wrote on the X platform that if a bank was hacked and stole $1.40 billion, the follow-up process will be: freeze withdrawals, notify the government, establish an investigative committee, investigate for many years, close branches, and lose to competitors. In contrast, the process after the Bybit exchange was hacked is: CEO live broadcast, industry alliance, competitor support, everything returns to normal after 1 hour, and the industry starts track...
Bybit CEO Ben Zhou posted on social media that it detected hackers trying to transfer BTC through Chainflip. It is hoped that the cross-chain bridge project will help Bybit prevent and prevent further transfer of assets to other chains. Bybit will soon issue a bounty program to anyone who helps it block or track down funds leading to recovery.
Ethena Labs founder @leptokurtic_ posted on the X platform that the past 24 hours have been very difficult, Ethena Labs handled the largest redemption volume in a single day and lifted all unrealized exposures to Bybit within an hour after the incident, USDe has never been under-collateralized, even if the unrealized exposures to Bybit did not drop to zero within an hour, USDe is still over-collateralized status, hoping that this incident can verify some design decisions made to reduce the risk ...
