WLFI increases nearly 10% in 24 hours breaking through $0.15: the market shows WLFI currently quoted at $0.1545, with a 24-hour increase of 9.8%. Recent market fluctuations have been significant, and risk control should be noted.
XMR's increase exceeds 12% breaking through $370: currently quoted at $372.27, with a 24-hour increase of 12.9%, making it one of the standout mainstream crypto assets today.
BNB steadily rises above $830: currently reported at $830.34, with a 24-hour increase of 1.57%, maintaining a relatively stable trend amid market fluctuations.
PORT3 suffers a hacker attack, with the token plummeting by 77%: hackers exploited a BridgeIn vulnerability to illegally mint 1 billion PORT3 tokens and sell them off en masse, earning $166,000 (equivalent to 199.5 BNB). The project team has removed on-chain liquidity, and some exchanges have suspended deposits. Subsequently, the hacker destroyed the remaining 837 million tokens. The project team advises users to suspend trading and is in communication with the hacker.
Xinhua News Agency warns: Beware of virtual currency-related pyramid scheme scams: The WeChat Security Center announced that some accounts falsely use the names of blockchain virtual currencies and stablecoins to lure people into groups with high returns as bait, implementing scams through brainwashing and guiding downloads of fraudulent apps. The Xinhua News Agency reminds users to be vigilant against such illegal activities.
BNB Chain launches CMC20 decentralized tracking fund: This product is technically supported by Reserve Protocol, packaging the top 20 crypto assets into a single DTF, allowing users to gain diversified asset exposure with one click without manually building portfolios.
Lido staking scale reaches $35 billion, LDO valuation drops to $1 billion: According to Token Terminal data, Lido's staked assets have significantly increased from $1.2 billion in May 2021, but the valuation of the token LDO has dropped from $2.1 billion at that time to $1 billion, showing a divergence between scale and valuation.
1inch report: $12 billion liquidity lying idle in DeFi: 83%-95% of funds in mainstream pools like Uniswap and Curve have not generated returns, and 50% of retail investors have lost over $60 million due to impermanent loss. 1inch proposed the Aqua protocol to optimize liquidity utilization through shared liquidity pools.
A whale invested $6.5 million to buy the dip on HYPE: A certain whale deposited $6.5 million USDC into Hyperliquid, buying 79,000 HYPE at a price of $30, with another $4.16 million buy order waiting in the $27-29 range, two months after the last operation.
Industry insiders hold different views on market trends: Placeholder VC partner Chris Burniske believes the market may be ready to rebound, but another crash may follow; Tom Lee of Bitmine Immersion pointed out that MSTR, due to high liquidity and Bitcoin holdings, has become the preferred tool for institutions to hedge crypto losses, with MSTR's stock price down 43% currently.
Solana co-founder discusses Layer 1 core values: Toly stated that the core of Layer 1 is to reduce structural advantages. Even if a platform holds 95% market share, there is no need to worry as long as it cannot prevent quality competitors from rising.
Boston Fed President Collins: No decision made on December rate cut vote: As a voting member of this year's interest rate decision committee, Collins stated that she has not yet determined her voting position and will make judgments based on subsequent data releases. She previously hinted at a hesitant attitude towards the December rate cut due to high inflation. #web3
