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HYPE short whale Loracle has paper losses exceeding $22 million, while another long whale has paper profits exceeding $46 million.

PANews reported on June 1st that, according to Onchain Lens monitoring, HYPE hit a new all-time high, breaking through $72. Whale Loracle (@loraclexyz) has closed out more than 50% of its short HYPE positions, currently holding 843,232 HYPE tokens ($60.7 million) in short positions, with a floating loss exceeding $22 million. Meanwhile, whale “0x082” holds … Read more

Gravity Bridge halted after $5.4M drain hits Ethereum-Cosmos link

Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. On-chain analyst Specter first flagged the unusual withdrawals, saying the pattern suggested that the bridge’s signing keys may…

DxSale responds to the $7.3 million security incident: only affects the 2021 v1 lock-up contract

TechFlow news on May 30, DxSale issued a statement regarding the recent security incident, stating that the vulnerability stemmed from a compatibility issue between BNB Chain’s newly launched Atomic Transaction feature and the early v1 locking contract. The team indicated that the affected contract is the v1 locking contract launched in 2021, and the problem … Read more

DxSale responds to security incident: BSC atomic transaction vulnerability affects v1 locking, v2 and above security.

PANews reported on May 30 that DxSale responded to the previous security incident on the X platform, stating that the recent vulnerability originated from the atomic transaction function newly launched by BSC, which affected the v1 locked contracts launched in 2021. The source of the problem has now been identified, and the v2 and above … Read more

In the past 24 hours, a total of $204 million worth of contracts were liquidated across the entire network, with both long and short positions liquidated.

PANews reported on May 30th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $204 million in the past 24 hours, including $87.9643 million in long positions and $116 million in short positions. The total liquidation amount for BTC was $56.2486 million, and for ETH it … Read more

Texas Bitcoin reserve plan advances as federal push faces delays

Texas has moved closer to holding Bitcoin directly after naming a new advisory committee to guide the state’s Strategic Bitcoin Reserve. The Texas Comptroller’s office said Thursday that Acting Comptroller Kelly Hancock will serve on the five-member Texas Strategic Bitcoin…