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Cypherpunk Holdings ‘significantly’ ups its Solana holdings
Cypherpunk Holdings ‘significantly’ ups its Solana holdings

Cypherpunk Holdings “significantly” increased its solana holdings, the company disclosed Tuesday.It now holds 63,000 SOL worth around $14 million — up from its initial $1 million investment.The firm is also running its own Solana validator and staking a majority of its tokens using its own node.

The Block·2024/07/16 22:37
LI.FI loses estimated $9 million in exploit
LI.FI loses estimated $9 million in exploit

Quick Take Cross-chain blockchain protocol LI.FI has lost around $9 million in an exploit, security firms say. The team has asked users to avoid the protocol and revoke permissions. Security firm Peckshield alleges a similar attack affected LI.FI in 2022.

The Block·2024/07/16 14:34
Flash
  • 07:08
    PeckShield: Truflation attacker address swapped approximately 4.5 WBTC for 230 ETH and transferred to Tornado Cash
    According to PeckShield monitoring, an address marked as a Truflation attacker has swapped approximately 4.5 WBTC for 230 ETH, and then transferred these ETH into Tornado Cash. This blockchain-based inflation data platform suffered a malware attack last year, resulting in a loss of approximately $5.2 million.
  • 06:45
    Market Report: BTC Strongly Surpasses $93,000, Altcoins Broadly Rise
    Market report as of April 24th: The total market capitalization of the cryptocurrency market reached $2.92 trillion, up 0.85% from the previous day. BTC surged above $94,500 before a brief pullback, still at its highest price level in nearly two months; yesterday, BTC ETF saw an inflow of $917 million in a single day, with a cumulative net inflow of over $2 billion this week; ETH is currently consolidating around $1,800, with the ETH/BTC exchange rate rising by 10% in the short term, ETHD rebounding to 7.4%; the overall long-short ratio is 0.98, with the bearish forces at their lowest in 24 hours; after a general rise, altcoins have adjusted, and the AI agent and meme sectors still perform significantly better than other sectors; NEIROETH, TURBO, BRETT, and MUBARAK rose in the Meme sector, while the official Trump meme coin TRUMP surged, leading to a similar surge for Melania's meme coin MELANIA.
  • 06:44
    Analyst: The Number of Addresses Depositing Bitcoin to Exchanges Has Been Steadily Declining Since 2022
    CryptoQuant analyst @AxelAdlerJr posted data on social media indicating that since 2022, the number of addresses depositing Bitcoin to exchanges has been steadily declining: the 30-day moving average has currently dropped to 52,000 addresses, while the 365-day average level is 71,000 addresses. Meanwhile, over the past decade, the most common distribution was around 92,000 addresses, with the current number of addresses equivalent to the level in December 2016. This trend is inherently bullish because investors have reduced Bitcoin sales by fourfold over the past three years. Essentially, this represents a growing HODL sentiment, which significantly decreases selling pressure and lays the foundation for further growth.
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