Author: Yeek.io

Fuzzland has disclosed a $2 million insider attack that targeted Bedrock’s UniBTC protocol in September 2024, was carried out by a former employee who used malware, social engineering, and privileged access to compromise internal systems.Fuzzland has taken full responsibility for the breach and reimbursed all affected parties.Insider Access Used in $2M Bedrock Protocol ExploitFuzzland, in a post on X, revealed that a past employee exploited the UniBTC protocol via a sophisticated insider operation. The individual joined the company under the guise of a skilled MEV developer and later inserted a trojan into Fuzzland’s MEV codebase using a malicious Rust crate…

Ethereum’s recent bounce off local lows has brought it back into a heavily contested resistance zone. With market structure compromised, reclaiming $2,600 is now critical for the bulls to stay in control. After establishing a local bottom at $2,111, Ethereum (ETH) staged a sharp rebound. However, this move appears to be more of a short squeeze than a genuine trend reversal. Price has now rallied into a key resistance zone at $2,600, an area packed with technical confluence and historical relevance. For ETH to regain upward momentum, it must close above this level with conviction. Key technical points $2,600 Resistance…

Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.Each week, we bring you the most important updates, developments, and critical announcements that every DeFiChain community member needs to know.In this edition, we cover the ongoing tokenomics discussion, the revamp of the website, and Crypto Factor’s expansion with a dedicated Labs division.The DeFiChain community has initiated constructive discussions around tokenomics improvements in a collaborative chat called “Future.” This open forum allows all community members to participate directly in shaping the project’s economic framework.Key Discussion Points:Activation of decentralized real-world asset systemsStability…

The Nasdaq-listed SharpLink Gaming is doubling down on its Ethereum treasury strategy with yet another major purchase. SharpLink Gaming has announced the addition of another 12,207 ETH (ETH) to its growing Ethereum holdings, spending approximately $30.67 million at an average price of $2,513 per token. The purchase follows a much larger buy just over a week earlier, when the firm acquired around 176,270.69 for approximately $463 million. With the latest acquisition, SharpLink’s total ETH holdings now stand at 188,478, making it the largest publicly traded Ethereum holder in the world and the second-largest holder globally. SharpLink Chairman Joseph Lubin emphasized…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum whales have been very active lately, suggesting that the recent Ethereum price decline could have been driven by these large holders. This is especially important now that the altcoin’s price has been driven toward new monthly lows and selling pressure continues to mount. If these whales do not let up anytime soon, then it could be the trigger for the Ethereum price to lose the $2,00 support. ETH Whale Volumes Surge 55% According to data from IntoTheBlock, the Ethereum whales have roused from their recent slumber…

U.S. spot Bitcoin exchange-traded funds neared a two-week inflow streak on Tuesday, as geopolitical tensions eased and institutional interest continued to drive demand. According to data from SoSoValue, the 12 U.S. spot Bitcoin ETFs drew a combined $588.55 million in inflows on June 24. This marked the strongest single-day performance in over a month and extended the current streak of consecutive inflows to 11 days, totaling more than $3.3 billion. BlackRock’s IBIT led the day with $436.32 million in inflows, accounting for nearly three-quarters of the total. Fidelity’s FBTC and ARK Invest’s ARKB followed with $85.16 million and $43.85 million,…

Pudgy Penguins’ Nasdaq spotlight has ignited fresh bullish momentum in PENGU price, pushing the token toward a potential breakout from a months-long bullish pattern. Pudgy Penguins (PENGU) mascot recently stole the spotlight alongside VanEck at the Nasdaq opening bell ceremony, which took place on June 23 at the Nasdaq MarketSite in Times Square, New York. At the ceremony, Matthew Sigel, VanEck’s Head of Digital Assets Research, rang the bell, while Pengu’s presence was a symbolic nod to crypto’s growing mainstream acceptance. The appearance at the ceremony comes amid a wave of momentum for Pudgy Penguins, including the recent launch of…

Gaming blockchain Oasys officially announces their South Korean arm, expanding its operations into the East Asian region with a planned second phase. In a recent press release, the Animoca Brands-backed firm has established its new arm in order to expand its operations into the Korean region. One of the company’s partners “with deep expertise in the Korean market,” which will be tasked with operating the chain in Korea. “The establishment of Oasys Korea is more than a corporate announcement. It is a defining moment that sets the tone for Oasys Phase 2, where real-world value meets scalable blockchain infrastructure,” wrote…

Aptos is trading at $4.85, up roughly 10% in the past 24 hours, as bulls try to regain control following a period of consolidation.  The recent uptick appears supported by improving network fundamentals and a shift in sentiment. According to DeFiLlama data, the network’s on-chain growth has been accelerating. Monthly decentralized exchange volume on Aptos (APT) has climbed steadily, from $690 million in January to $2.9 billion in May. It has already surpassed $3.46 billion with 6 days remaining in June.  At the same time, the total stablecoin market cap on the network has more than doubled, rising from about…

NEWT, the native token of the ZK-powered automation layer Newton Protocol, experienced a sharp price drop following its listing on major cryptocurrency exchanges, including Binance and Bitget. On June 24, NEWT was officially listed on Binance, marking the token’s Token Generation Event. It was quickly followed by spot listings on Coinbase, Bybit, Upbit, MEXC, Gate.io, KuCoin, Bithumb, and Bitget. The TGE established a fixed total supply of 1 billion NEWT tokens. Of this, 100 million NEWT was allocated to early users of the Kaito/NEWT ecosystem, including snapshot participants and active users on partner platforms. This airdrop, managed by the Magic…