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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
  • 16:11
    Ethereum Foundation: Focusing on Core Values and Strategic Goals Over the Next Year
    The Ethereum Foundation stated that in the coming year, efforts will be centered around two pillars: core values and strategic goals, supported by technical excellence, to promote the long-term success of the Ethereum ecosystem. Specific focuses include: Expanding the Ethereum mainnet (L1) and data expansion (Blobs); Improving user experience (UX), enhancing L2 interoperability, and advancing the application layer; Enhancing the developer experience (DevEx) and increasing exposure and support for applications and L2 projects on platforms like Devcon. Additionally, the Ethereum Foundation will accelerate the path for developers, entrepreneurs, and institutions to build and apply Ethereum, leveraging EF's knowledge and leadership to attract and nurture the next generation of builders.  
  • 16:11
    Analysis: US Consumer Confidence in Stock Market Hits Record Low, Safe-Haven Sentiment Rises
    Jinse reports, according to analysis by The Kobeissi Letter, the latest survey from the University of Michigan shows that American consumers' pessimism towards the stock market has reached a historic high. A record 12% of Americans believe there is no possibility of the stock market rising in the next 12 months, a figure that has tripled in the past two months and has surpassed the peak levels during the market bottoms of 2022, 2009, and 2020. Meanwhile, 44.5% of consumers expect the stock market to decline in the coming year, marking the highest level since 2022 and the second-highest in 14 years. Market sentiment is unusually in an extremely pessimistic state. Analysts point out that the sharp decline in consumer confidence is related to concerns about economic recession, inflation pressures, and unstable trade relations. This pessimism may lead investors to withdraw from the stock market, reduce market liquidity, shift funds to defensive sectors, or hold cash, further exacerbating market volatility.
  • 16:07
    BONK Founder: Open a New Wallet to Purchase Fun Memes on the Letsbonk.Fun Platform
     BONK founder Tom stated in a post that he has created a new wallet and injected $2,000, planning to purchase newly issued, interesting non-BONK-related tokens on the Letsbonk.Fun platform before going to sleep. He will not sell them unless their market value reaches $100 million or drops to zero after purchase.It is reported that the first Meme he purchased, Grassito, reached a market value of up to $2.5 million at one point.
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