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Lending protocol Sonne Finance faces $20 million exploit, pauses markets on Optimism
Lending protocol Sonne Finance faces $20 million exploit, pauses markets on Optimism

The decentralized lending protocol said in a post-mortem report that it suffered an exploit that resulted in losses of $20 million. The team added it’s ready to offer a bounty to the attacker in exchange for return.

The Block·2024/05/15 06:04
Bitcoin Won’t Pump Again Until The Fed Cuts Rates, Says Mike Novogratz
Bitcoin Won’t Pump Again Until The Fed Cuts Rates, Says Mike Novogratz

Bitcoin will likely chop between $55,000 and $75,000 until the market gets a “new narrative,” Galaxy’s CEO believes.

Cryptopotato·2024/05/15 00:49
State of Wisconsin’s investment board discloses nearly $100M of BlackRock’s bitcoin ETF
State of Wisconsin’s investment board discloses nearly $100M of BlackRock’s bitcoin ETF

The holdings disclosure is the first from a state investment board

Blockworks·2024/05/15 00:07
Flash
02:49
Specter: Detected that 100 millions H have been minted, currently being sold for BNB
Foresight News reports that on-chain analyst Specter tweeted that 100 million H have been minted and are currently being sold in exchange for BNB.
02:48
GMG.AI completes core upgrade, reshaping Web4's mechanism-based trust standards
BlockBeats News, on June 9, the native Web4 full-stack AI ecosystem platform GMG.AI has officially completed two key underlying upgrades: all contract permissions have been fully relinquished, and over 86 million US dollars LP pool has been permanently locked through PinkLock. This upgrade technically eliminates the possibility of manual backdoor modifications and locks ecosystem liquidity, breaking the industry's long-standing reliance on "project team commitments" as a trust mechanism, and establishing a new benchmark of "mechanism-based trust." In the future, GMG.AI will continue integrating AI agents and value networks, accelerating the evolution toward a fully decentralized ecosystem, and providing long-term secure infrastructure for the global Web4 market.
02:47
General Administration of Customs: China imported 97.71 million tons of iron ore in May
The General Administration of Customs: China imported 97.71 million tons of iron ore in May.
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