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SlowMist’s Yu Xian: Stolen funds from SecondFi may exceed $20 million.

3 hours ago

Cardano ecosystem project SecondFi announced on social media that its team has pinpointed the root cause of the recent security incident, which stems from its own Cardano network wallet generation software. The team has completed on-chain analysis to assess the scope of the impact, and is now working with a leading blockchain security firm to conduct an independent technical evaluation to validate its findings. The overall estimated impact amounts to roughly 16 million ADA, and the project is still addressing related operational issues while committing to ongoing support for affected users. Separately, Cosine, founder of blockchain security firm SlowMist, noted that judging by the funds in the hacker addresses, SecondFi’s user losses should theoretically exceed $20 million (over 129 million ADA and other tokens were stolen).

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Serenity teases Reddit retail investors for launching a "Save Wendy's" campaign, with the WEN token surging over 20% in after-hours trading.

Serenity tweeted to mock the latest meme stock movement unfolding on Reddit’s high-risk trading community, targeting U.S. fast food chain Wendy’s. According to Bitget market data, Wendy’s (WEN) saw its night session surge over 20%, while the token has dropped more than 73% over the past five years. The Reddit high-risk trading community issued a meme warning: “If Wendy’s goes bankrupt, we’ll all be out of jobs, and after losing all our money in trades, we’ll have to work behind Wendy’s dumpsters.” Serenity later clarified that it holds no positions, just found the campaign amusing, adding “I don’t know if this initiative will succeed?” Wendy’s holds a special cultural status on Reddit’s WallStreetBets community; for years, “working behind Wendy’s dumpsters” has been a staple meme among retail investors to mock their trading losses.

5 minutes ago

Serenity poked fun at Reddit retail investors for launching a "Save Wendy's" campaign, with WEN rallying over 20% in the overnight trading session.

Crypto figure Serenity tweeted to mock the latest meme stock movement unfolding on Reddit’s high-risk trading community, targeting U.S. fast-food chain Wendy’s. According to Bitget market data, Wendy’s (WEN) surged over 20% in its night trading session. The Reddit community joked in a meme: “If Wendy’s goes bankrupt, we’ll all be out of jobs, and after losing all our money in trades, we’ll have to work behind Wendy’s trash bins.” Serenity later clarified that he holds no positions, just found the situation amusing, adding, “I wonder if this campaign will succeed?” Wendy’s holds a special cultural status on Reddit’s WallStreetBets community; for years, “working behind Wendy’s trash bins” has been a running meme among retail investors to mock their trading losses.

5 minutes ago

OKX to list ARXUSD and UBUSD perpetual contracts.

OKX will launch ARXUSD and UBUSD perpetual contracts. Trading for the ARXUSD perpetual contract will open at 14:30 Beijing Time on June 24, while the UBUSD perpetual contract will commence trading at 14:45 Beijing Time on the same day.

5 minutes ago

Whale "0x913" increases SOL 20x short position to $43.4 million, liquidation price at $82.84

According to OnchainLens monitoring, whale address "0x913" has further added to its SOL short positions, currently holding a 20x leveraged short order of 624,680 SOL, with the position valued at approximately $43.4 million and a liquidation price of $82.84.

5 minutes ago

Yield Yak website suffers front-end attack.

According to Blockaid's monitoring, the Yield Yak website has suffered a front-end attack. Subdomains of the site currently contain "eleven drainer" code. The attack method is similar to that of the earlier attack on Gitcoin.

5 minutes ago

Yesterday, U.S. spot Bitcoin ETFs posted a net outflow of $113.8 million, while U.S. spot Ethereum ETFs recorded a net outflow of $82.4 million.

According to data from Farside Investors, U.S. spot Bitcoin ETFs recorded a total net outflow of $113.8 million on June 23. BlackRock’s IBIT saw a net outflow of $182 million, while Fidelity’s FBTC, ARKB, HODL, and MSBT posted net inflows of $23 million, $31 million, $5.3 million, and $8.9 million respectively. For U.S. spot Ethereum ETFs, total net outflows reached $82.4 million. BlackRock’s ETHA had a net outflow of $86.1 million, ETHB saw a net outflow of $1.7 million, Fidelity’s FETH recorded a net inflow of $15.7 million, Grayscale’s ETH ETF posted a net outflow of $10.3 million, and the remaining products saw roughly flat fund flows.

5 minutes ago