1. Vitalik's related address transferred 1,000 ETH to the address starting with 0x5567 today
According to Whale monitoring, the wallet address 0xD0…8fd7 associated with Ethereum founder Vitalik Buterin transferred 1,000 ETH (about $1.64 million) to the address starting with 0x5567 today. Since September, 0xD0…8fd7 has transferred 4,000 ETH, about $6.39 million, and currently holds 36,000 ETH, worth $59 million. Judging from the historical transaction records of the address starting with 0x5567, most of the ETH transferred to this address flowed to Bitstamp and Paxos.
2. Galxe: The website has now been fully restored, and about $270,000 from 1,120 users was stolen
Web3 credential data network Galxe said in a statement that the website is now fully restored and is continuing to enhance security. The details of the incident are as follows: On October 6, an unidentified person contacted the domain service provider Dynadot, impersonating an authorized Galxe member and using forged documents to bypass security processes. The impostor then gained unauthorized access to the domain account, which they used to redirect users to fake websites and sign transactions that stole their funds. All Galxe smart contracts and technical systems remain secure and protected. It is estimated that approximately 1,120 users who interacted with the malicious website were affected, and approximately $270,000 was stolen. A fund recovery plan is being actively developed with law enforcement and third-party experts.
3. The social protocol Stars Arena has been exploited, resulting in a loss of approximately $3 million
Information on the chain shows that Stars Arena, a social protocol based on the AVAX network, has been exploited, resulting in a loss of $3 million. Stars Arena’s official Twitter account also said: “There is a major security vulnerability in the smart contract. We are actively investigating the issue. Please do not deposit any funds. Please stay tuned for updates.”
4.Gary Wang: The insurance fund balance announced by FTX is generated by a random number generator
BitMEX Research tweeted that FTX co-founder Gary Wang stated in his testimony: "The insurance fund balance published on the FTX website is generated by a random number generator. There is no FTT in the insurance fund, just a dollar number. The listed number does not match the database. It is actually calculated separately, and the real number is lower than the fake number. The number is the total transaction volume of FTX in the past 24 hours multiplied by a random number of about 7,500, and then the result is divided by 1 billion."
5.Tip Coin: Epoch 2 phase claim has started
Web3 social application Tip Coin tweeted that Epoch 2 phase claims are fully effective and have appropriate values. If you see a decrease/increase in the score, it is only because the user is seeing Epoch 3 instead of Epoch 2.
6. In the past year, the North Korean hacker group Lazarus Group laundered more than $900 million through cross-chain bridges
According to Yonhap News Agency, from July last year to July this year, the North Korean hacker group Lazarus Group laundered more than US$900 million (about 1.2 trillion won) in cryptocurrencies through the cross-chain bridge, accounting for about one-seventh of the total amount of money laundered through the cross-chain bridge in the past year (US$7 billion).
7. Data: Crypto venture capital investment fell nearly 75% year-on-year in the third quarter
A report by research firm FundStrat on Friday showed that the total venture capital investment in crypto projects in the third quarter was $1.4 billion, down nearly 75% from the same period last year, and the figure has fallen for six consecutive quarters. At the same time, only 1% of the transactions exceeded $50 million, and 62% of the transactions were less than $10 million.
8.Yuga Labs announces reorganization, some employees are laid off
Yuga Labs officially announced the reorganization. The company has cancelled some roles (positions), some employees have been dismissed, and the company has launched a transition plan for departing employees, including severance pay, COBRA insurance and help in finding new job opportunities. Yuga Labs said that this adjustment is for the team to better focus on core priorities. For several major NFT projects, the BAYC team will support "Made by Apes" and other projects aimed at empowering global club members. A major, versatile and ongoing gaming experience will also be launched in 2024 and beyond. The CryptoPunks team will be committed to consolidating and celebrating the heritage of collectible crypto art through education (including an upcoming book), and improving and simplifying the Punks application. The teams of NFT projects Meebits and 10KTF will be reorganized and will become part of Otherside after the reorganization. But Yuga Labs also said that this does not mean that the brand's creative narrative opportunities have disappeared, and there is still a lot to be done in Otherside.