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Venus Protocol Trader Loses $30 Million in Major Error, Cyvers Confirms
Venus Protocol Trader Loses $30 Million in Major Error, Cyvers Confirms

Venus Protocol confirmed a $30M user-side loss from phishing, while Bunni DEX suffered an $8.4M exploit, highlighting DeFi’s human and technical risks.

BeInCrypto·2025/09/02 02:19
Is HBAR Price Rebound on the Cards as Bears Lose Grip?
Is HBAR Price Rebound on the Cards as Bears Lose Grip?

HBAR price is flashing early rebound signals. While the daily chart still looks fragile, dip buying and a hidden divergence hint that bears may be losing control.

BeInCrypto·2025/09/02 02:00
South Korea’s FSC nominee throws ‘volatile’ crypto under the bus
South Korea’s FSC nominee throws ‘volatile’ crypto under the bus

Share link:In this post: Lee Eok-won, the nominee for the Financial Services Commission chair, declared his first public stance on virtual assets. Lee believes the youth demographic is increasingly drawn to crypto investments, which could lead to significant financial losses due to their volatile nature. The industry has responded to his stance with ire, as many think it spells doom for the future of crypto in the country.

Cryptopolitan·2025/09/02 01:55
California’s $4 trillion economy at risk amid immigration crackdown
California’s $4 trillion economy at risk amid immigration crackdown

Share link:In this post: A study warns that stricter immigration enforcement could cost California up to $278 billion in GDP. California’s $49 billion agriculture industry employs a large share of immigrant labor. More than 60% of California’s construction workforce is foreign-born.

Cryptopolitan·2025/09/02 01:55
EU commits to signal jamming tech after Russia disrupts EU president’s travel plans
EU commits to signal jamming tech after Russia disrupts EU president’s travel plans

Share link:In this post: Russia became the suspect after Von der Leyen’s plane was disrupted by GPS jamming in Bulgaria. GPS interference has surged across Europe since the Ukraine war, affecting flights, ships, and communications beyond border regions. The union will deploy new low Earth orbit satellites and strengthen its own GPS system to counter electronic warfare.

Cryptopolitan·2025/09/02 01:55
El Salvador to host world’s first government-backed Bitcoin conference
El Salvador to host world’s first government-backed Bitcoin conference

Share link:In this post: El Salvador will host the world’s first government-backed Bitcoin conference in November 2025. The El Salvador event will feature workshops, keynote addresses, and top industry speakers worldwide. Bitcoin is recovering above $109K as investors watch for a possible US Fed rate cut.

Cryptopolitan·2025/09/02 01:55
MemeCore Market Cap Nears $1 Billion Again—But Warning Signals Emerge
MemeCore Market Cap Nears $1 Billion Again—But Warning Signals Emerge

MemeCore’s market cap is nearing $1 billion, but weak trading activity and looming supply unlocks raise caution about its September rally.

BeInCrypto·2025/09/02 01:46
Flash
04:50
BIRB briefly surpasses 0.09 USDT, up 21.3% in 24 hours
Foresight News reports that, according to Bitget data, the NFT project Moonbirds' token BIRB briefly surpassed 0.09 USDT and is now trading at 0.087 USDT, up 21.3% over the past 24 hours.
04:47
DeFi researcher Ignas: If the Ethereum Foundation delivers the "minimalist roadmap" on time, it will be bullish for ETH; a delay combined with a bear market could be bearish.
Foresight News reported that DeFi researcher Ignas commented on Vitalik Buterin’s previously released “Simplified Ethereum” roadmap, stating, “If the Ethereum Foundation can deliver on time, I am bullish on ETH. This roadmap is very attractive, as it addresses most key demands previously raised by the community, including L1 reclaiming execution from L2, privacy protection, quantum resistance, and second-level finality. However, the tokenomics issue has not yet been addressed.” He also pointed out that the most highly anticipated parts of the roadmap will materialize after 2028, with the finality target set for 2029. If the Ethereum Foundation’s (EF) delivery schedule is delayed and the bear market continues, it could potentially be negative for the price of ETH, as competing projects such as Tempo and Canton are challenging Ethereum in the fields of real-world asset (RWA) adoption and institutional adoption.
04:34
Institution: Current Global Storage Industry Still Facing Severe Supply Shortages, AI-Driven Structural Demand Growth Has Not Peaked
BlockBeats News, July 5th - In its latest report, Nomura Securities believes that the core contradiction in the current global storage industry is still a serious supply shortage, and the AI-driven structural demand growth has not peaked yet. Recently, investors' concerns about oversupply have been significantly overblown, and the market's overly reactive response may provide a window for the storage sector to reevaluate its valuation. In the report, Nomura Securities bluntly stated that market concerns have been greatly exaggerated. The semiconductor investment-to-actual capacity conversion cycle is extremely long, with South Korea's investment plan of up to 48 trillion Korean won taking at least 5 to 10 years to translate into actual capacity. Furthermore, the high-profit HBM (High Bandwidth Memory) is squeezing general storage capacity, leading to a severe supply shortage in the market. Nomura Securities emphasized that Meta's decision is by no means a turning point for the reduction of AI-related hardware demand. Instead, due to the current shortage of computing power, resulting in a rising trend in single Token prices, Meta's computing power entry into the market is expected to help stabilize Token prices downward.
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