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A working perfect BTFT FULL EDITION V.10.0.0.0
DeFi & L1L2 — Pump.fun dominates Solana’s fee generation; SEC to introduce a tokenized stock regulatory framework
Pump.fun dominates Solana’s fee generation. SEC to introduce a tokenized stock regulatory framework. THORChain, Verus Protocol, and Echo Protocol suffered exploits.
➤ Pump.fun has become Solana's largest fee generator, despite a broader meme coin slowdown, while the SEC is developing a regulatory framework for tokenized stocks. ➤ Several DeFi protocols experienced exploits, including THORChain and Echo Protocol, while Aave has restored LTV ratios and proposed a charitable yield layer. ➤ Key developments include Crypto.com's UAE license, Société Générale's integration with Canton Network, and Fidelity's tokenization of a money market fund.
Warsh Confirmed as Fed Chair; Clarity Act Advances; THORChain Hit for $10M
Warsh takes the helm as market and policy questions mount Kevin Warsh was confirmed this week as the 11th chair of the Federal Reserve in a 54-45 Senate vote, ending a contentious transition and setting the stage for a potentially different policy posture at the central bank. The...
➤ Kevin Warsh confirmed as new Federal Reserve Chair, signaling a potentially different policy stance that could impact crypto market liquidity. ➤ The Senate Banking Committee advanced the Digital Asset Market Clarity Act, aiming to reshape crypto regulation and stablecoin oversight, though passage remains uncertain. ➤ THORChain halted operations due to a suspected $10M exploit, highlighting ongoing security risks in DeFi, while AI advancements pose new software security challenges.
THORChain Hack Exposes Major Security Flaw as $10M Recovery Plan Launches
THORChain paused trading quickly after attackers drained millions across four blockchains. Investigators linked leaked vault keys and suspicious nodes to exploit operations. Rising crypto hacks increase pressure on THORChain recovery and security improvements. THORChain has confirmed that attackers exploited weaknesses tied to its vault infrastructure, draining nearly $10 million across multiple…
North Korean hacking groups have stolen approximately $577 million in cryptocurrency through just two attacks in Read the full article
THORChain под обстрел, тъй като хакерите перат милиони чрез протокол и генерират огромни такси
THORChain е изправена пред подновен контрол, тъй като експлоатирани средства преминават през мрежата THORChain отново е в центъра на противоречия, тъй като анализаторите изразяват нови опасения относно нарастващата му роля в прането на средства от някои о
➤ THORChain is facing scrutiny for its role in laundering millions of dollars from major crypto exploits, acting as a primary route for hackers to move stolen assets between blockchains. ➤ The protocol has generated significant transaction fees from this illicit activity, with the recent KelpDAO exploit alone yielding nearly $1 million in fees, raising questions about its neutrality. ➤ Despite criticism, THORChain defends its permissionless and censorship-resistant design, drawing parallels to Bitcoin, while the debate intensifies regarding DeFi's stance on protocols that profit from exploitation.