Author: Yeek.io

The hacker who drained GMX decentralized exchange (DEX) of around $42 million worth of assets has agreed to return the funds in exchange for a 10% bounty. The exploit targeted GMX’s V1 pool on Arbitrum and led to major disruptions.The move comes after GMX offered a white‑hat bug bounty. The hacker has since returned $10.49 million in FRAX and holds the rest in ETH. Although the surge in ETH price has put funds valuation above the original amount, raising questions about profit. GMX Hacker Message — Source: ArbiscanLookonchain reports that the hacker agreed to return $42 million in crypto in…

When the Ethereum Foundation offloads ETH, markets flinch. But this time, they handpicked SharpLink as the buyer. Behind the $25.7 million transaction lies a deeper narrative about staking, institutional alignment, and Ethereum’s next phase. On July 11, Minneapolis-based iGaming giant SharpLink Gaming announced it had closed a direct on-chain purchase of 10,000 Ether (ETH) tokens from the Ethereum Foundation, marking one of the largest peer-to-peer mainnet transfers between a protocol steward and a public company to date. The $25.7 million acquisition, executed at $2,572.37 per ETH, was finalized on July 10 without any intermediaries or custodial bridges. It’s a move…

The cyber attacker who looted millions from GMX’s V1 GLP pool earlier this week has turned a new leaf, and the stolen funds are now making their way back. According to on-chain movements flagged by PeckShield Alert, the GMX hacker has returned a total $37.5 million worth of the stolen assets to the protocol. Made in several transfers of ETH and FRAX around 8:00 AM UTC, the total sent so far represents nearly 90% of the $42 million drained just two days ago in the original exploit.  The refund follows GMX’s public offer of a 10% bounty for the safe…

The Caldera Foundation has announced the launch of $ERA, a token that powers its blockchain system, and is giving some tokens to its community through an airdrop. As per reports, Caldera is giving away 7% of its 1 billion $ERA tokens to its community and supporters as a reward through an airdrop. To get these tokens, eligible people need to sign up by July 17, 2025, on Caldera’s official website.  Tokens for the core team and early investors are locked for one year, then released gradually over 24 months to keep them committed to the project’s success. The token will be used to…

A new wave of sophisticated crypto-stealing malware is spreading across the internet as scammers create fake AI, gaming, and Web3 startups to lure victims into downloading malicious software.Cybersecurity firm Darktrace has raised the alarm, detailing how these campaigns operate through elaborate social engineering tactics that exploit trust in digital startups. Attackers are setting up fake companies with convincing websites, social media profiles, GitHub repositories, white papers, and even fake team pages on platforms like Notion.Many of the sites also appear to be linked to verified or compromised X (formerly Twitter) accounts to appear more legitimate. The fake accounts often post…

Caldera, a leading rollup-as-a-servive platform, is launching its native token, ERA, along with a community airdrop that opens a new chapter in the project’s mission.  According to a July 10 announcement, the Caldera Foundation has begun the pre-claim phase for the airdrop, which will allocate 7% of the total ERA token supply to early supporters and ecosystem contributors. Users must register via the official claims portal before the token’s public launch to receive their allocation. The ERA token will serve as the backbone of Caldera’s ecosystem, enabling omnichain gas payments, validator staking, and decentralized governance. It is designed to power…

SEI is showing renewed strength after confirming a breakout from an inverse head and shoulders pattern. According to data from crypto.news, Sei (SEI) surged over 26% on July 11 to reach a six-month high of $0.33, before settling at $0.32. The token remains up approximately 113% from its lows last month. Its market capitalization now stands at $1.78 billion, ranking it as the 70th largest digital asset, while daily trading volume jumped by over 200%, reflecting a sharp increase in market participation. SEI’s price surged after the team announced that the network will soon support native USDC, issued directly by…

BNB price is testing key resistance near $700, signaling a potential breakout fueled by a recent token burn and rising active addresses. Binance Coin (BNB) has been trading within a range between approximately $630 and $690 since early May, with a brief drop to the $600 level on June 23 that quickly recovered. That drop tested the lower trendline support, reinforcing the ascending triangle pattern, which features a relatively flat horizontal resistance around $685 – $700. The price is currently testing this level, trading at $686, after wicking as high as $695 today. This time, BNB may be poised for…

Key Takeaways Bitcoin was reaching new all-time highs, and the MOODENG token showed signs of wanting to rally. For long-term investors and swing traders, the psychological $0.3 level would be a key resistance level to watch out for. The 10th of July marked the first birthday of the baby pygmy hippopotamus Moo Deng. The Khao Kheow Open Zoo in Thailand, home of Moo Deng, or “bouncy pork” in Thai, saw four days of activities marking the internet sensation’s birthday. The hippo celebrity’s fans travelled far and wide to see her. Speaking to CBS News, Molly Swindell, determined to make her…

Ethereum has surpassed $3,000 in value, following the ETH Foundation transferring a total of 21,000 ETH in the past two months to its internal Gnosis Safe Proxy address. According to data from crypto.news, ETH (ETH) touched on a new high on July 11. The second largest cryptocurrency by market cap has finally surpassed the $3,000 mark. The last time ETH went beyond $3,000 was back in early February before it fell into an extended slump that lasted well into July. On July 11 at 06:30 AM UTC, ETH bounced back up to a peak price of $3,019. It settled around…