🚀 Resupply Reports $10 Million Loss Due to Targeted Token Pair Attack
#Resupply #TokenPairAttack #crvUSD #wstUSR #BadDebt #SecurityAudit #OnChainMonitoring #GovernanceVote #CryptoSecurity #HackingIncident
According to PANews, Resupply has released an analysis report on a recent hacking incident, revealing that an attack on the crvUSD-wstUSR trading pair resulted in approximately $10 million in reUSD bad debt. The vulnerability was specific to this token pair, and other trading pairs remain unaffected, with Resupply markets continuing normal operations.
The debt limit for the affected token pair has been set to zero, and withdrawals from the insurance pool have been suspended. A formal governance vote is required to lift the suspension. Resupply highlighted that the problematic code segment had undergone multiple security audits and independent researchers were hired to review the codebase, yet the issue was not reported. The stolen funds are still on-chain, and Resupply is monitoring the situation closely, ready to take necessary actions.#Resupply #TokenPairAttack #crvUSD #wstUSR #BadDebt #SecurityAudit #OnChainMonitoring #GovernanceVote #CryptoSecurity #HackingIncident
🚀 Significant Ethereum Purchase Detected by On-chain Monitoring
#Ethereum #OnChainMonitoring #DAI #CryptoPurchase #Blockchain #ETH
According to BlockBeats On-chain Detection, two wallet addresses linked to the same entity have collectively spent 12.37 million DAI to acquire 4,957.66 ETH. The purchase was made at a price of $2,495 per ETH.#Ethereum #OnChainMonitoring #DAI #CryptoPurchase #Blockchain #ETH
🚀 PumpFun Increases PUMP Token Buyback to Over $311 Million
#PumpFun #PUMPToken #Buyback #Cryptocurrency #TokenRepurchase #ChainCatcher #OnChainMonitoring #USDC #CryptoNews
PumpFun has disclosed that it repurchased approximately $9,195,312 worth of PUMP tokens in the past seven days. According to ChainCatcher, this brings the total buyback amount to $311,450,294, representing about 27.1% of the current circulating supply.
Previously, on-chain monitoring revealed that a wallet address associated with PumpFun, identified as '77DsB,' had been consistently selling PUMP tokens. The address reportedly sold a total of 3.376 billion PUMP tokens in exchange for 7.23 million USDC.#PumpFun #PUMPToken #Buyback #Cryptocurrency #TokenRepurchase #ChainCatcher #OnChainMonitoring #USDC #CryptoNews
🚀 Spark Repurchases 1.84 Million SPK Tokens for $36,000
#Spark #Repurchase #SPKTokens #NS3AI #OnChainMonitoring #MultiSignatureWallet #USDS
Spark has completed the repurchase of 1.84 million SPK tokens, investing around $36,000 in the process. According to NS3.AI, on-chain monitoring reveals that Spark transferred 570,000 USDS to a new multi-signature wallet two days ago, followed by several subsequent operations.#Spark #Repurchase #SPKTokens #NS3AI #OnChainMonitoring #MultiSignatureWallet #USDS