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02:03
SlowMist: Drift's multi-signature mechanism was modified a week before the theft, followed by an admin key leakBlockBeats News, April 2nd, SlowMist's analysis of the Drift hack incident pointed out that a week before the attack, Drift adjusted its multi-signature mechanism to "2/5" (1 old signer + 4 new signers) and did not set a timelock. The attacker subsequently gained administrative privileges, minted fake CVT tokens, manipulated the oracle, disabled security mechanisms, and transferred high-value assets from the liquidity pool.
Currently, the stolen funds have mainly been consolidated into an Ethereum address, totaling approximately 105,969 ETH (about $226 million). SlowMist stated that the whereabouts of the related funds are still being traced.
01:55
Franklin Templeton acquires a digital asset investment company, intensifying efforts in actively managed cryptocurrency productsThe transaction is expected to be completed in the second quarter, with part of the payment made using BENJI tokens. These tokens represent Franklin Templeton's blockchain-based mutual fund—the Franklin OnChain U.S. Government Money Fund (FOBXX). As passive crypto products mature, institutional investors are turning toward yield-seeking and more complex "active management" strategies, and this acquisition aligns with that major trend.
01:50
US XRP spot ETFs record a single-day total net outflow of $1.3158 millionAccording to Odaily, based on SoSoValue data, yesterday (April 1st, Eastern Time), the XRP spot ETF saw a single-day net outflow of 1.3158 million US dollars. Yesterday, only the 21Shares XRP ETF (TOXR) experienced a net outflow, with a single-day net outflow of 1.3158 million US dollars. The current historical total net inflow stands at negative 25.1838 million US dollars. As of press time, the total net asset value of the XRP spot ETFs is 948 million US dollars, with an XRP net asset ratio of 1.14%. The historical cumulative net inflow has reached 1.208 billion US dollars.
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