๐ฅท The famous MEV bot "JaredFromSubway" has been exploited for over $7.5M, with some funds moved via TornadoCash.
The attacker manipulated the bot's automated MEV execution system without exploiting a smart contract bug or using phishing.
โข Created fake tokens and liquidity pools that appeared profitable
โข Tricked the bot into approving attacker-controlled contracts as spenders
โข Initially consumed approvals to avoid detection
โข Later left approvals active, giving attacker-controlled contracts access to funds
โข Used the standing approvals to drain $WETH, $USDC, and $USDT via transferFrom()
Track Here:. #hack
The attacker manipulated the bot's automated MEV execution system without exploiting a smart contract bug or using phishing.
โข Created fake tokens and liquidity pools that appeared profitable
โข Tricked the bot into approving attacker-controlled contracts as spenders
โข Initially consumed approvals to avoid detection
โข Later left approvals active, giving attacker-controlled contracts access to funds
โข Used the standing approvals to drain $WETH, $USDC, and $USDT via transferFrom()
Track Here:. #hack
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๐ฏ๐ต๐ผ #BTC Japan's National Business Corporate Pension Fund will allocate 1% of its assets to cryptocurrencies.
๐ A suspected insider made $24.25M from WorldCup betting:
โข mintblade: $9.24M profit, 5 wins out of 5 bets.
โข GRIMDRIP: $7.6M profit, 2 wins out of 2 bets.
โข endlessFate: $7.41M profit, 6 wins out of 9 bets.
All three wallets sent their profits to Binance through the same deposit address (0xB08B...317D), suggesting the same person may control them.
After making huge profits, all three wallets stopped trading and withdrew all of their funds.
Deposit address: 0xB08B...317D.
โข mintblade: $9.24M profit, 5 wins out of 5 bets.
โข GRIMDRIP: $7.6M profit, 2 wins out of 2 bets.
โข endlessFate: $7.41M profit, 6 wins out of 9 bets.
All three wallets sent their profits to Binance through the same deposit address (0xB08B...317D), suggesting the same person may control them.
After making huge profits, all three wallets stopped trading and withdrew all of their funds.
Deposit address: 0xB08B...317D.
๐บ๐ธ๐ #BTC U.S. Spot Bitcoin ETFs See Record $6.35B Outflow Over 30 Days
According to Galaxy Research, U.S. spot Bitcoin ETFs have posted their largest 30-day net outflow on record. Data shows the funds saw $6.35 billion in net outflows over the past 30 days, ranking first across all 582 rolling 30-day windows tracked by Galaxy Research and highlighting continued institutional outflows. #etf
According to Galaxy Research, U.S. spot Bitcoin ETFs have posted their largest 30-day net outflow on record. Data shows the funds saw $6.35 billion in net outflows over the past 30 days, ranking first across all 582 rolling 30-day windows tracked by Galaxy Research and highlighting continued institutional outflows. #etf
๐ #BTC Adam Back: Strategy Selling BTC to Pay Dividends Is Not a Bearish Signal
Blockstream CEO Adam Back stated in a Bloomberg interview that concerns regarding Strategy's sale of 32 BTC to pay preferred stock dividends are exaggerated. He emphasized that this move showcases Strategy's capability to fulfill investor obligations using Bitcoin while decreasing leverage, rather than indicating any weakness in its Bitcoin treasury strategy.
Blockstream CEO Adam Back stated in a Bloomberg interview that concerns regarding Strategy's sale of 32 BTC to pay preferred stock dividends are exaggerated. He emphasized that this move showcases Strategy's capability to fulfill investor obligations using Bitcoin while decreasing leverage, rather than indicating any weakness in its Bitcoin treasury strategy.
๐ #MSUSD MainStreet stated that their assets remain fully backed and the issue is related to the closure of a third-party reserve confirmation panel, not insolvency.
They also announced allocating over $8 million to support liquidity and are seeking alternative reserve proof providers.
They also announced allocating over $8 million to support liquidity and are seeking alternative reserve proof providers.
๐ #MSUSD MainStreet stated that their assets remain fully backed and the issue is related to the closure of a third-party reserve confirmation panel, not insolvency.
They also announced allocating over $8 million to support liquidity and are seeking alternative reserve proof providers.
They also announced allocating over $8 million to support liquidity and are seeking alternative reserve proof providers.
๐บ๐ธ๐ฃ President Trump claims the US has the "best economy ever," citing record job numbers and a strong stock market.
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๐ฎ๐ท๐ฃ According to reports from Saudi media citing the Pakistani Foreign Minister, during the four-party negotiations involving Egypt, Turkey, Saudi Arabia, and Pakistan, the minister stated that Iran will not obstruct the passage of ships through the Strait of Hormuz. Iran will also not charge any fees for this service for the next 60 days.
๐ฐ #ICO A single SpaceX IPO ($75B) raised 8.3 times more than all 10 biggest crypto ICOs in history combined (approximately $9B).
10 vs 10, side by side: capital raised, day-1, +1 year, where they trade today.
10 vs 10, side by side: capital raised, day-1, +1 year, where they trade today.