CoinJournal·
Echo Admin key compromise enabled $76.7M unauthorized eBTC minting. The attacker used fake eBTC to borrow and bridge real crypto assets. ECHO token dropped sharply as panic selling hit the market fast. The ECHO token came under severe pressure after a major security breach tied to the Echo Protocol led to the unauthorized minting of […] The post ECHO token plunges after $76M admin key exploit hits protocol appeared first on CoinJournal.
Read full articleKey takeaways PI is up by nearly 2% as bulls attempt to push the price above $0.1500. The ongoing token unlock could still put further pressure on the coin. Bulls look to push PI above $0.1500 Pi Network (PI) has been one of the worst performers among the leading cryptocurrencies in recent days. The coin […] The post Will the CEX outflows allow PI to recover above $0.1500? appeared first on CoinJournal.
Key takeaways CHZ is up 5% in the last 24 hours and is now approaching the $0.05 resistance level. The derivatives data indicate that the bulls are in control at the moment. Chiliz outperforms the broader crypto market Chiliz (CHZ) is one of the best performers among the top cryptocurrencies, as the coin is up […] The post Chiliz targets new weekly highs as derivatives data flips bullish appeared first on CoinJournal.
Echo Protocol is investigating a security incident involving its bridge on Monad after crypto on-chain analysts said an attacker minted 1,000 eBTC and used part of the position to extract WBTC liquidity through Curvance. The first public alarm came from on-chain analyst DCF GOD, who wrote that Echo “may be hacked on Monad.” He added: […]
Institutional investors just sold an overall total of $1.07 billion in Bitcoin and crypto assets in one week, according to a new update from CoinShares. The outflows are the first negative result in seven weeks and the third-largest weekly outflow of the year. Bitcoin drove most of the selling with $982 million in outflows. Ethereum […] The post Institutional Investors Sell $1,070,000,000 in Bitcoin and Crypto Assets in One Week, Ending Streak of Inflows: CoinShares appeared first on The Daily Hodl.
Bitcoin-focused DeFi platform Echo Protocol has suffered an exploit after an attacker minted roughly 1,000 unauthorized eBTC tokens on the protocol’s Monad deployment. Blockchain security firm PeckShield and on-chain analytics platform Lookonchain reported on Tuesday that the attacker generated around…
Echo Protocol halted cross-chain transactions while investigators examined the massive exploit.
The hacker has already laundered nearly 5% of the loot through Tornado Cash and is still holding the remaining 955 eBTC.
SBI Group is reportedly planning to list a combined Bitcoin and XRP exchange-traded fund on the Tokyo Stock Exchange, with a target of $32 billion in assets under management within three years of launch. Japan’s Financial Services Agency is already reviewing crypto assets more seriously as financial instruments, according to reports. The development signals a […]
