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Penpie was exploited for $27.3M, including:
2,695 rswETH($6.62M)
4,101 agETH($10.17M)
2,723 wstETH($7.77M)
2.52M sUSDe($2.77M)
The hacker exchanged all assets for 11,109 ETH($27M) and deposited 1000 ETH($2.34M) into Tornado Cash.
https://x.com/lookonchain/status/1831142810206310466
The FBI has warned the cryptocurrency industry about North Korea’s latest tactics to target employees of the sector at large.
“The Democratic People's Republic of Korea ("DPRK" aka North Korea) is conducting highly tailored, difficult-to-detect social engineering campaigns against employees of decentralized finance ("DeFi"), cryptocurrency, and similar businesses to deploy malware and steal company cryptocurrency.”
https://cryptonews.com/news/fbi-warns-of-north-korean-cyberattacks-on-crypto-etf-companies/
https://www.ic3.gov/Media/Y2024/PSA240903
The crypto market is down
BTC Dominance - 55.78%
Market Cap - $2.01T
BTC - $56,674.01 (-4.15%)
ETH - $2,369.75 (-5.79%)
BNB - $512.8 (-4.01%)
SOL - $127.51 (-5.78%)
XRP - $0.5519 (-2.62%)
TON - $4.8 (-8.36%)
https://dropstab.com
The Sei Network discord is hacked don't click any links.
https://x.com/shockermandan/status/1830930383937933341
The TON price on Coinmarketcap fell to $0.31 (-94%) due to an API error.
The issue has now been fixed.
https://x.com/ton_blockchain/status/1830885479354638665
The hacker entity that stole over $230 million in user assets from Indian crypto exchange WazirX started to move funds using Tornado Cash.
The attacker moved nearly $4 million worth of ether in 16 transactions on the Ethereum network, data tracked by Arkham shows, to a Tornado Cash router.
The address holds over $155 million worth of various tokens - with a majority in ether at $150 million - and has previously not moved any funds to Tornado.
https://www.coindesk.com/markets/2024/09/03/wazirx-hacker-starts-to-move-stolen-ether-using-tornado-cash/
Qatar introduces regulatory framework for digital assets
The QFC’s regulators — the Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) — announced a framework that establishes a foundation for digital assets in the QFC.
The rules include tokenization processes and the legal recognition of property rights in tokens and underlying assets, custody arrangements, transfer and exchange. In addition, the framework has provisions for the legal recognition of smart contracts.
The QFC allows up to 100% foreign ownership and 100% repatriation of profits.
https://cointelegraph.com/news/qatar-financial-centre-digital-assets-regulation
The crypto market is growing
BTC Dominance - 55.77%
Market Cap - $2.09T
BTC - $59,135 (+2.51%)
ETH - $2,516.62 (+2.72%)
BNB - $535.2 (+3.94%)
SOL - $135.61 (+4.29%)
XRP - $0.5668 (+3.02%)
TON - $5.24 (+1.08%)
ZRO - $3.71 (-0.5%)
https://dropstab.com
Ripple is set to launch a new token standard on the XRP Ledger this month, aiming to enhance its support for real-world assets (RWAs).
“Multi-purpose tokens” (MPTs) are specifically designed for RWAs, enabling the storage of metadata directly with the asset.
https://thecryptobasic.com/2024/09/02/ripple-launching-new-token-standard-on-xrp-ledger/
💧 Top 10 Price Gainers of This Summer
👉 https://dropstab.com/tab/top-gainers
Over the past year, the top 10 memecoins have dropped an average of 63.73% from their peak.
https://x.com/lookonchain/status/1830451316042444913/
The crypto market is down
BTC Dominance - 55.81%
Market Cap - $2.04T
BTC - $57,540.01 (-1.65%)
ETH - $2,443.53 (-1.69%)
BNB - $513.9 (-2.27%)
SOL - $129.78 (-3.01%)
XRP - $0.5489 (-2.13%)
TON - $5.18 (-3.82%)
ZRO - $3.73 (-6.11%)
https://dropstab.com
Sahara AI has introduced the Prometheus Program
Sahara AI is granting early access to 2,000 product testers.
https://x.com/SaharaLabsAI/status/1829551407193842045
Andrei Grachev: “September is coming, fasten your seat belts.”
https://x.com/ag_dwf/status/1829816185430401480
Spot ETF Flow on 30.08: BTC-ETF -$175.67M, ETH-ETF $0M
https://sosovalue.com/assets/etf/us-btc-spot
Eric Balchunas: “Ether ETFs Went Backward in First Month.. flows -$476m as the newbies couldn't overcome the ETHE unlock, too powerful a force (this is why I reiterated how heroic the New Nine bitcoin ones were) but good news is unlock will end, there's light at end of tunnel.”
https://x.com/EricBalchunas/status/1831019335613124890
Matter Labs, the company behind ZKsync, will lay off 16% of its workforce, or 24 employees.
https://blockworks.co/news/matter-labs-layoffs-incoming
Bybit will list Hamster Kombat (HMSTR) on September 26
https://x.com/Bybit_Official/status/1830938797824954669
💧 Top Blockchains by Revenue in August
👉 https://dropstab.com/categories/blockchain
SEC commissioner Mark T. Uyeda said that he sees a need for the regulatory agency to create “customized” S-1 registration forms for digital asset securities.
https://www.theblock.co/post/314246/sec-should-customize-forms-mark-uyeda
Tomo has introduced Tomo Wallet
Tomo Wallet is an all-in-one social wallet designed to bring the mass adoption of crypto.
https://x.com/tomo_wallet/status/1830621687672639528
SushiSwap has introduced its next-generation memecoin launchpad Dojo.
https://x.com/SushiSwap/status/1830637072706916681
Mysten Labs, the Web3 company supporting the Sui blockchain, has launched preorders for the SuiPlay0X1 gaming handheld.
Powered by Playtron’s device agnostic game operating system (OS), SuiPlay0X1 is the first handheld gaming device to integrate Sui’s native blockchain technology.
Preorders of the device are open now until all available units have been sold out. Priced at $600 (plus shipping and tax), the device can be purchased with SUI, ETH and SOL tokens. The first one thousand customers to preorder a SuiPlay device will receive a soul-bound non-fungible token (NFT), which will provide special access, rewards, and perks. Delivery of pre-order devices will begin in 2025.
https://venturebeat.com/games/mysten-labs-unveils-specs-for-suiplay0x1-web3-gaming-handheld/
💧 Top Bitcoin Ecosystem Investments of This Summer
👉 https://dropstab.com/tab/bitcoin-ecosystem-fundraise-nt6a5rytrp
Cardano network's Chang upgrade goes live
https://x.com/Cardano_CF/status/1830411972460093781
SEC warns FTX against paying creditors back in stablecoins, other crypto
https://www.theblock.co/post/314069/sec-warns-ftx-against-paying-creditors-back-in-stablecoins-other-crypto
Pump.fun surpasses $100 million in revenue as Polymarket outshines NFTs in August
https://www.theblock.co/post/314054/pump-fun-surpasses-100-million-in-revenue-as-polymarket-outshines-nfts-in-august
The crypto market correction
BTC Dominance - 55.72%
Market Cap - $2.08T
BTC - $58,569.12 (-1.23%)
ETH - $2,490.43 (-1.47%)
BNB - $526.6 (-2.44%)
SOL - $134.03 (-3.2%)
XRP - $0.5606 (-1.3%)
ZRO - $4 (-5.65%)
TON - $5.42 (+0.72%)
https://dropstab.com
This week Coinbase witnessed its first AI to AI crypto transaction
AI agents cannot get bank accounts, but they can get crypto wallets. They can now use USDC on Base to transact with humans, merchants, or other AIs.
https://x.com/brian_armstrong/status/1829623778726592804
Microsoft identified a North Korean threat actor exploiting a zero-day vulnerability in Chromium, now identified as CVE-2024-7971, to gain remote code execution (RCE).
The observed exploitation of CVE-2024-7971 can be attributed to a North Korean threat actor targeting the cryptocurrency sector for financial gain.
Google released a fix for the vulnerability on August 21, 2024, and users should ensure they are using the latest version of Chromium.
https://www.microsoft.com/en-us/security/blog/2024/08/30/north-korean-threat-actor-citrine-sleet-exploiting-chromium-zero-day/