🐱💻BNB 9 Figure Hack - TWJ #246
Let's pause the blockchain.
In today’s issue:
The crypto market is flat with its total market cap above ~$900 billion. Celsius (CEL) has been the worst performer in the top 100 in the past 24-h. Biden working on an “off-ramp” for Putin, citing his concern about nuclear weapons.
In other news, BNB hacked for 9 figures, FTX to launch a Visa debit card, and Celsius doxxed users in a court filing.
We’re continually improving our content, please reach out if you have ideas or want us to recap another market segment.
- Curated by Marco Manoppo (@manoppomarco)
📰Market News
⎆BNB Hacked for 9 Figures
The Binance Smart Chain was exploited for ~9 figures of BNB. The chain was halted and has since resumed services.
Word emerged earlier Thursday evening that more than $400 million worth of BNB tokens were transferred from the Smart Chain token hub to a new address. According to data from DeBank, the address in question holds more than $500 million worth of crypto, with holdings in ETH, MATIC and FTM, among others.
⎆FTX to Launch a Visa Debit Card
Crypto juggernaut will launch its own Visa debit card in 40+ countries. The card allows FTX users to spend funds directly from their FTX accounts at any merchants that accept Visa cards.
⎆Celsius Doxxed Users in a Court Filing
Crypto lender Celsius doxxed users’ names and trading history in its court filing as a part of its bankruptcy proceedings. The filing totals 14,000+ pages and includes detailed wallet addresses and names of all of Celsius’ customers.
👨🏻💻Decentralized Finance (DeFi)
Binance Bridge Exploit and Binance Smart Chain Halted
BNB Chain Resumes Activity After 2 Million Token Exploit
Aztec Introduces Noir
Lido Live on L2
Fantom Staking Reward Adjustment
Vela Live on Arbitrum
Coinbase Supports EIP-4844
ConsenSys x Bankless DAO Partnership
MakerDAO to Invest $500 Million in US Government Bonds
🏛Governance - Active Proposals
Fei - TIP-121c: veBAL OTC with Aave Companies
Hop - Hop Proposal Bundle: HIPs 0-7, SNX/sUSD Bridging Support
🦮NFT & Metaverse
Dapper Labs Sets Launch Date for LaLiga Golazos NFT Marketplace
Top Sales (Last 24-h); Source: https://dappradar.com/nft
📈Deal Flow & Capital Raise
Suberra - $2.7M Unknown Round
Scale3 - $5.3M Unknown Round
Xalts - $6M Unknown Round
Bond Protocol - $2.5M Seed Round
Blackbird - $11M Seed Round
Immutable - Undisclosed $ of Strategic Investment by Spartan Group
⚖️Regulatory Update
Europe Bans All Crypto Wallet Services to Russia
South Korean Court Dismisses Arrest Warrant for Do Kwon’s 'Key Aide' at Terra
Celsius Reveals Thousands of Users' Transaction Histories in Court Filing
Partnership to Operate Malaysia's National Blockchain Infrastructure Sealed
CFTC’s Regulation by Enforcement Needs to Change, Commissioner Says
📚Noteworthy Reads
Kofi’s Thread on The State of Crypto Security
Arthur Hayes’s Read on Contagion
Cole’s Thread on Toxic Orderflow, Market Making, Market Taking and The Lifeblood of The Crypto Market
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