🚀 North Korean Hacker Group Lazarus May Target US Bitcoin ETF, Experts Warn
#NorthKorea #LazarusGroup #Hacker #BitcoinETFs #Cybersecurity #Cybercriminals #InvestmentRisk #FinancialSecurity #ETFVulnerabilities #SuperHacker
According to Odaily, cybersecurity experts have issued a warning that the notorious North Korean hacker group, Lazarus Group, may be eyeing US Bitcoin ETFs as their next target. Michael Pearl, Vice President of GTM Strategy at Cyvers, highlighted that the potential for substantial returns could attract hackers to focus on US Bitcoin ETFs. Data from Dune indicates that US ETFs currently hold Bitcoin valued at $52.1 billion, making them an enticing target for cybercriminals.
Pearl emphasized that not only ETF providers but all associated companies could be at risk of attacks. He stressed the urgency of addressing ETF vulnerabilities to prevent a potential 'super hacker' incident. The cybersecurity community is on high alert, urging rapid action to mitigate these risks and protect the substantial assets held within US Bitcoin ETFs.#NorthKorea #LazarusGroup #Hacker #BitcoinETFs #Cybersecurity #Cybercriminals #InvestmentRisk #FinancialSecurity #ETFVulnerabilities #SuperHacker
🚀 Osmosis Launches Polaris Token Portal to Simplify DeFi Experience
#Osmosis #Polaris #DeFi #TokenPortal #DecentralizedExchange #Blockchain #UserExperience #Ethereum #Solana #OSMO
According to Odaily, decentralized exchange Osmosis has announced the launch of a new platform called Polaris, aimed at addressing one of the biggest challenges in the DeFi sector: fragmented user experience. The Polaris platform will enable users to trade tokens across multiple blockchains through a single interface, eliminating the need for multiple wallets, bridging, and gas tokens. Osmosis co-founder Sunny Aggarwal stated that Polaris represents a strategic shift for Osmosis and will be applicable to non-Cosmos chains such as Ethereum and Solana.#Osmosis #Polaris #DeFi #TokenPortal #DecentralizedExchange #Blockchain #UserExperience #Ethereum #Solana #OSMO
🚀 BlackRock IBIT Pre-Market Trading Volume Reaches $13 Million
#BlackRock #IBIT #PreMarketTrading #TradingVolume #SellOrders #BuyOrders
According to BlockBeats, data from Trader T on September 11 indicates that BlackRock's IBIT pre-market trading volume reached $13 million today. Of this volume, 42% were active sell orders, while 30% were active buy orders.#BlackRock #IBIT #PreMarketTrading #TradingVolume #SellOrders #BuyOrders
🚀 Cudos Token Surges Over 8% Amid AI Alliance Proposal
#Cudos #TokenSurge #ArtificialIntelligence #Crypto #ASI #FET #AGIX #OCEAN #CommunityVote
According to Foresight News, CoinMarketCap data indicates that the token for the distributed artificial intelligence computing project Cudos (CUDOS) has surged over 8% in the past hour, currently trading at 0.0095 USDT.
Previously, Foresight News reported that the Super Artificial Intelligence Alliance (ASI), formed by the merger of FET, AGIX, and OCEAN, proposed integrating the Cudos project. This proposal is now subject to a community vote. If approved, the Cudos token will merge with the alliance's cryptocurrency, FET.#Cudos #TokenSurge #ArtificialIntelligence #Crypto #ASI #FET #AGIX #OCEAN #CommunityVote
🚀 Chainlink Faces Growing Competition In Oracle Market
#Chainlink #Pyth #oracle #decentralized #competition #real_time_data #TotalValueSecured #marketshare #blockchain #financialsystems #LINK #PYTH #WIN
According to Cointelegraph, Chainlink, a decentralized oracle provider, is experiencing increased competition in the oracle market despite its long-standing dominance. Pyth, another decentralized oracle network, has shown significant growth, increasing its Total Value Secured (TVS) by 46 times, from $98.35 million to $4.67 billion within nine months through 2024. This expansion has allowed Pyth to extend its reach to 211 chains, positioning itself as a serious contender in the real-time data oracle space.
Despite Pyth's rapid growth, Chainlink remains the leading oracle provider as of September, securing $20.113 billion across 404 chains and holding a 46.46% market share. However, this represents a slight decline from its 48.64% market share at the beginning of the year. The combination of Pyth's growth, Chainlink's decreased market share, and the emergence of new oracle providers is gradually eroding Chainlink's previously uncontested leadership.
Pyth, despite its significant growth, holds the third position in the market with a 10.79% share. WINkLink, which services only two blockchains—Tron and the BNB Smart Chain (BSC)—holds the second position with a 16.47% market share and a TVS of $7.13 billion. WINkLink's position is largely due to its heavy use within the Tron ecosystem. Following Pyth is Chronicle, with a market share of 9.05% and a TVS of $3.916 billion. Chronicle once controlled the entire market until late May 2019 but steadily lost its dominance after Chainlink took the top spot in June 2020.
Chainlink co-founder and CEO Sergey Nazarov has highlighted the importance of oracle networks in mitigating risks associated with legacy financial systems. Following a technical glitch on June 3 that caused the prices of multiple large-cap stocks to plunge by up to 99.9% on the New York Stock Exchange (NYSE), Nazarov emphasized that oracle networks can provide accurate, tamper-proof data to prevent such vulnerabilities.#Chainlink #Pyth #oracle #decentralized #competition #real_time_data #TotalValueSecured #marketshare #blockchain #financialsystems #LINK #PYTH #WIN
🚀 Super AI Alliance Proposes Integration Of Cudos Project
#SuperAIAlliance #CudosProject #FET #AGIX #OCEAN #DistributedAI #Cryptocurrency #Integration #CommunityVoting
According to Odaily, the Super Artificial Intelligence Alliance (ASI), formed by the merger of FET, AGIX, and OCEAN, has proposed adding the distributed AI computing project Cudos to its collective. The proposal is currently open for community voting. If the integration is approved, Cudos tokens will be merged with the alliance's cryptocurrency, FET.#SuperAIAlliance #CudosProject #FET #AGIX #OCEAN #DistributedAI #Cryptocurrency #Integration #CommunityVoting
🚀 Cryptocurrency Stocks Decline As ProShares Bitcoin Strategy ETF Falls 2.7%
#Cryptocurrency #Stocks #ProShares #Bitcoin #ETF #Decline #iShares
According to Odaily, cryptocurrency stocks experienced a downturn recently. ProShares Bitcoin Strategy ETF saw a decrease of 2.7%, while iShares Bitcoin Trust dropped by 2.6%.#Cryptocurrency #Stocks #ProShares #Bitcoin #ETF #Decline #iShares
🚀 CPI Report Expected To Disappoint Short-Term Bond Market
#CPIReport #BondMarket #InterestRates #Inflation #FederalReserve #EconomicOutlook #InvestmentStrategy
According to Odaily, ClearBridge Investments' investment strategy analyst Josh Jamner has indicated that today's Consumer Price Index (CPI) report is likely to disappoint the short-term bond market. The market has already anticipated that the Federal Reserve will cut interest rates by more than 250 basis points by the end of 2025. Jamner noted that while today's less favorable news will not prevent the Federal Reserve from beginning to normalize its interest rate policy next week, it may lead to a reframing of the ongoing debate.
Further indications suggest that inflation may be more persistent than previously thought, which could result in a slower and smaller rate-cutting cycle.#CPIReport #BondMarket #InterestRates #Inflation #FederalReserve #EconomicOutlook #InvestmentStrategy
🚀 Ethereum(ETH) Drops Below 2,300 USDT with a 1.62% Decrease in 24 Hours
#Ethereum #ETH #cryptocurrency #Binance #USDT #priceupdate #marketdata
On Sep 11, 2024, 13:52 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,300 USDT and is now trading at 2,299.830078 USDT, with a narrowed 1.62% decrease in 24 hours.#Ethereum #ETH #cryptocurrency #Binance #USDT #priceupdate #marketdata
🚀 Bitcoin(BTC) Drops Below 56,000 USDT with a 1.60% Decrease in 24 Hours
#Bitcoin #BTC #USDT #CryptoMarket #PriceDrop #Binance #Cryptocurrency #MarketData
On Sep 11, 2024, 13:54 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 56,000 USDT and is now trading at 55,951.089844 USDT, with a narrowed 1.60% decrease in 24 hours.#Bitcoin #BTC #USDT #CryptoMarket #PriceDrop #Binance #Cryptocurrency #MarketData
🚀 Citibank Predicts Federal Reserve Rate Cuts In September, November, And December
#Citibank #FederalReserve #RateCuts #InterestRates #Finance #Economy #Bloomberg
According to BlockBeats, Citibank has forecasted that the Federal Reserve will reduce interest rates by 25 basis points in September. Additionally, the bank anticipates further rate cuts of 50 basis points each in November and December, as per Bloomberg Terminal data.#Citibank #FederalReserve #RateCuts #InterestRates #Finance #Economy #Bloomberg
🚀 T-Fund Established To Accelerate TON Blockchain Development
#TFund #TON #Blockchain #Investment #Ecosystem #Incubation #Development
According to Odaily, a new fund named T-Fund has been established with a focus on the TON ecosystem. The fund was founded by Daniel Yang, the former Global Business Development Head at the TON Foundation. T-Fund's mission is to provide strategic investments and comprehensive incubation support to project teams within the TON ecosystem, aiming to accelerate the development of the TON blockchain.#TFund #TON #Blockchain #Investment #Ecosystem #Incubation #Development
🚀 Nubit Launches Comprehensive Minichain Ecosystem Solution 'The Matrix'
#Nubit #Minichain #TheMatrix #Web2 #Telegram #UnifiedWallet #MaaS #DeKit #Blockchain #Crypto
According to BlockBeats, on September 11, the consumer-grade Minichain network Nubit officially launched its all-in-one Minichain ecosystem solution, 'The Matrix.' This platform enables developers to seamlessly build, expand, and innovate consumer applications on Web2 social platforms like Telegram. It leverages Nubit’s Unified Wallet, Minichains, Universal Bridge, Bitcoin-based Nubit DA, Minichain-as-a-Service (MaaS), and DeKit.
The Unified Wallet, developed in collaboration with Tomo, integrates Tomo’s Telegram SDK and Tomo Wallet. This integration allows for multi-blockchain wallet services (including Bitcoin, Solana, Ethereum, and others) directly within Telegram. Users can log in using social accounts such as Google, Apple, and Facebook, simplifying the onboarding process for new users into Web3. The wallet provides a non-custodial and user-friendly interface.#Nubit #Minichain #TheMatrix #Web2 #Telegram #UnifiedWallet #MaaS #DeKit #Blockchain #Crypto
🚀 Symbiotic Launches Core Contract Bug Bounty Competition With $120,000 Prize Pool
#Symbiotic #BugBounty #Cybersecurity #ContractSecurity #Vulnerability #PrizePool #DeveloperCommunity #SecurityExperts #CoreContracts
According to Foresight News, Symbiotic has announced the commencement of a three-week core contract bug bounty competition on Cantina. The total prize pool for this event is $120,000.
The competition is divided into two categories based on the severity of the bugs identified. The high-severity pool has a substantial reward of $112,500, while the low-severity pool offers $7,500. This initiative aims to enhance the security and reliability of Symbiotic's core contracts by incentivizing developers and security experts to identify and report potential vulnerabilities.
Participants in the bug bounty competition are encouraged to thoroughly examine the core contracts and submit their findings within the three-week period. The rewards will be distributed based on the severity and impact of the identified bugs, with higher rewards allocated to more critical vulnerabilities. This approach ensures that the most significant security issues are prioritized and addressed promptly.
Symbiotic's decision to launch this bug bounty competition underscores its commitment to maintaining a secure and robust platform. By engaging the broader developer and security community, Symbiotic aims to leverage diverse expertise to fortify its core contracts against potential threats. The competition is expected to attract a wide range of participants, from seasoned security professionals to enthusiastic developers, all contributing to the platform's overall security.#Symbiotic #BugBounty #Cybersecurity #ContractSecurity #Vulnerability #PrizePool #DeveloperCommunity #SecurityExperts #CoreContracts
🚀 Uniswap Labs Enhances L2 Swap Functionality for Seamless Token Selection
#Uniswap #L2 #Swap #TokenSelection #Upgrade #Blockchain #Cryptocurrency #UNI
According to Odaily, Uniswap Labs has announced an upgrade to its L2 Swap functionality on the X platform. The new feature allows users to view and select tokens across all networks without the need to switch between them, making swap transactions more intelligent and efficient.#Uniswap #L2 #Swap #TokenSelection #Upgrade #Blockchain #Cryptocurrency #UNI
🚀 CUDOS Surges Over 10% Following ASI Merger Proposal
#CUDOS #ASI #merger #cryptocurrency #priceincrease
According to BlockBeats, on September 11, Coingecko market data revealed that CUDOS experienced a significant price increase of over 10%. This surge was attributed to the news that 'Super Artificial Intelligence (ASI)' proposed merging CUDOS into its alliance. As of now, CUDOS is priced at $0.9709.#CUDOS #ASI #merger #cryptocurrency #priceincrease
🚀 CoinDesk 20 Index Sees Decline With ICP And UNI Leading Gains
#CoinDesk20 #ICP #UNI #crypto #cryptocurrency #index #marketdecline
According to CoinDesk, the CoinDesk 20 Index experienced a decline, closing at 1795.97, which is a 2.1% drop from the previous day's close. Out of the 20 assets in the index, only two showed positive performance. ICP led the gains with a 2.7% increase, followed by UNI with a 0.3% rise. On the other hand, RNDR and AVAX were the biggest laggards, falling by 5.1% and 3.5%, respectively. The CoinDesk 20 Index is a comprehensive index that is traded on multiple platforms across various regions worldwide.#CoinDesk20 #ICP #UNI #crypto #cryptocurrency #index #marketdecline
🚀 Ellipsis Labs Launches Atlas Testnet Optimized For DeFi
#EllipsisLabs #AtlasTestnet #DeFi #Solana #Ethereum #Phoenix #DecentralizedFinance #Blockchain #SOL
According to Foresight News, Ellipsis Labs, the developer behind the DeFi protocol Phoenix on Solana, has announced the launch of the Atlas testnet, which is optimized for decentralized finance (DeFi). The Atlas testnet utilizes the Solana virtual machine as its execution layer and employs the Ethereum mainnet for settlement, ensuring compatibility with existing Solana programs. Ellipsis Labs has indicated that future versions of Phoenix will be built on the Atlas platform.#EllipsisLabs #AtlasTestnet #DeFi #Solana #Ethereum #Phoenix #DecentralizedFinance #Blockchain #SOL
🚀 US Stock Market Sees Significant Decline As S&P 500 Drops 1%
#USStockMarket #SP500 #MarketDecline #EconomicOutlook #CorporateEarnings #Volatility #Investors #EconomicIndicators #MarketUncertainty
According to BlockBeats, the U.S. stock market experienced a notable downturn on September 11. Market data indicates that the S&P 500 index fell by 1%, marking a significant decline in the broader market. This drop reflects growing concerns among investors about the economic outlook and potential impacts on corporate earnings. The decline in the S&P 500 is part of a broader trend of volatility that has been observed in recent trading sessions. Investors are closely monitoring economic indicators and corporate performance reports to gauge the market's future direction. The recent downturn underscores the uncertainty and challenges facing the market as it navigates through various economic pressures.#USStockMarket #SP500 #MarketDecline #EconomicOutlook #CorporateEarnings #Volatility #Investors #EconomicIndicators #MarketUncertainty
🚀 Step Finance Launches Comprehensive Solana Data API
#StepFinance #Solana #DataAPI #DeFi #NFTs #Blockchain #SOL
According to Odaily, Step Finance, a prominent front-end portal in the Solana ecosystem, has announced the launch of its Solana Data API. This new API offers the most extensive human-readable data coverage on Solana, encompassing DeFi, NFTs, and other contracts.#StepFinance #Solana #DataAPI #DeFi #NFTs #Blockchain #SOL