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Wu Blockchain· 2025-09-14 11:12
Security Incident - A hacker minted 120 million YU tokens on Polygon [1] - The hacker sold 7.71 million YU tokens across Ethereum and Solana [1] - The sale of 7.71 million YU tokens yielded 7.7 million USDC [1] - The 7.7 million USDC was swapped for 1,501 ETH [1] - The hacker still holds 22.29 million YU on Ethereum and Solana [1] - 90 million YU remain on Polygon [1] Financial Impact - The hacker obtained 7.7 million USDC from the sale of YU tokens [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-14 10:58
Monero (XMR) suffered an 18-block reorganization, as reported by @OrangeFren. Users accepting XMR payments are advised to wait longer than the usual 10 confirmations. SlowMist’s @evilcos warned that ignoring reorg risks could expose the community to potential double-spending threats, likened to a “Damocles’ sword.” https://t.co/1hhlroZLBE ...
X @Wu Blockchain
Wu Blockchain· 2025-09-14 10:41
Asia's weekly TOP10 crypto news (Sep 8 to Sep 14): China may restrict Chinese-funded firms from crypto activities in HK; Russian experts propose state-level crypto bank; S. Korea Lifts Crypto Firms’ VC Financing Ban; Vietnam launches 5-year crypto trading pilot limited to local platforms and VND and More https://t.co/BeqBQRE8Hy ...
X @Wu Blockchain
Wu Blockchain· 2025-09-14 04:05
Yala stated that the protocol recently experienced an attempted attack. With the assistance of security partners such as SlowMist, the issue has been identified and is being fixed. ...
X @Wu Blockchain
Wu Blockchain· 2025-09-14 03:10
Stablecoin Performance - Yala's stablecoin YU, backed by Polychain, experienced a depeg event, dropping to $0.2074 before partially recovering to $0.923 [1] - The YU/USDC liquidity pool on Uniswap (Ethereum) holds only $1.45 thousand in USDC liquidity [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-14 02:58
Coinbase CEO Brian Armstrong said the company has published a “Guide to the Digital Asset Listing Process” to improve transparency. He noted that applications are free, merit-based, and evaluated under the same standards, with review times ranging from hours to months depending on complexity and completeness. https://t.co/bPHYj9hy2m ...
X @Wu Blockchain
Wu Blockchain· 2025-09-14 01:58
Pump fun co-founder @a1lon9 posted that the platform’s average concurrent live streams have now surpassed Rumble, reaching about 1% of Twitch’s market share and around 10% of Kick’s. He stated that the platform is accelerating its market share growth and will further expand its influence.https://t.co/sDehEXRyjk ...
X @Wu Blockchain
Wu Blockchain· 2025-09-13 20:40
Technology Development - Ethereum Foundation's privacy team, now Privacy Stewards of Ethereum (PSE), aims to enable end-to-end onchain privacy via private writes, reads, and proving [1] - The roadmap includes a Layer 2 design, PlasmaFold, supporting private transfers [1] - A proof-of-concept for PlasmaFold is expected by November's Devconnect [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-13 10:46
Project Launches & Governance - OpenSea launches Pre-TGE incentive program [1] - Scroll DAO governance suspended [1] - WLFI community plans to repurchase and burn WLFI [1] Network Activity - X Layer's active addresses reach an all-time high (ATH) [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-13 06:52
Arthur Hayes, co-founder of BitMEX, said in an interview that Bitcoin investors should remain patient and not be anxious about the record highs of stocks and gold. He predicted that the current bull market could last until 2026 and expected Trump to stimulate the economy in mid-2026. https://t.co/CdMbZdkFRs ...