🚨 #BounceBit, after exploiting $3 million, permanently SHUTS DOWN the Layer 1 blockchain and migrates to BNB Chain.
An attacker took advantage of an authorization vulnerability to transfer 286.5 million #BB tokens from nine accounts; private keys or wallets were not compromised in any way.
BounceBit will retire the chain, cancel unauthorized transfers using a snapshot taken before the attack, and reissue BB on BNB Chain as a BEP-20 token; owners are expected to receive the new tokens automatically.
🚨 After billions of unbacked #SAND tokens were issued due to a security vulnerability, Sandbox halted bridging operations on Base and BNB Chain➕ During the attack, approximately 14.9 billion SAND were sent to certain addresses. This figure, on paper, far exceeds the token’s total supply of 3 billion.
#BTC⚠️ Bitcoin rises today➕After US President Donald Trump called on policymakers to introduce clear regulations for cryptocurrencies, the recovery continued➕Bitcoin and the broader crypto market also received support from an increase in risk appetite➕The US Treasury Department announced it will double bond buybacks to curb the rise in yields➕BTC is currently trading at $76,364
#GOLD⚠️ Gold traded above $4,550 per ounce on Friday and continued toward its third consecutive week of gains as rising volatility in the currency and bond markets prompted investors to shift toward safe-haven metals➕Rising oil prices continued to highlight inflation risks➕The precious metal rose by more than 4% on Wednesday after the U.S. Treasury Department announced plans to at least double its long-term debt buyback program in order to rein in borrowing costs
WARNING: The mantra dropped 18% because it STOPPED all operations during an incident where the chain was not specified.
The team behind the RWA-focused L1 froze endpoints, validators, deposits, and withdrawals while investigating the incident; the root cause or timeline has not been disclosed yet. #Bitcoin #crypto #altcoin #btc #eth
🚨BREAKING NEWS: 🇺🇸 CFTC Chair Selig says he is "still hopeful" that the CLARITY Act will reach Trump's desk, noting that there are "tools inside the box" if the bill does not pass.
Selig says that in cooperation with SEC Chair Atkins on Project Crypto, they have created a "clear taxonomy" to determine which crypto assets are securities and which are not.
CFTC Chair Selig says that if the CLARITY Act does not pass, the CFTC will begin setting up its own crypto market structure.
Selig says he instructed his staff to "start exploring rules to codify a CFTC market structure for crypto assets."
This could allow crypto exchanges for the first time to offer leveraged trading under CFTC oversight.
🇹🇷 Buy-side support for Borsa: large purchases are coming from Tera and BofA
📈 It is seen that Tera Yatırım is the top buyer with over TL 3 billion in net transactions, while Bank of America (BofA) made a net purchase of TL 1.8 billion
📉On the sell-side, İş Yatırım appears to be the most significant seller with net transactions of TL 1.24 billion.
📈The largest share Tera bought is from Katılımevim (#KTLEV), Sasa Polyester (#SASA), Aselsan (#ASELS), Gübretaş (#GUBRF), and Sabancı Holding (#SAHOL).
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