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Share link:In this post: Silo Finance confirms $545K loss from a smart contract exploit tied to a test leverage feature, with core contracts unaffected. SILO token drops over 11% as investors react; RSI falls below 36, indicating oversold conditions amid heightened trading activity. On the same day, Cork Protocol’s May attacker moves $11M in ETH through Tornado Cash and donates 10 ETH to Tornado Cash’s legal fund.
Share link:In this post: The EU plans to let stablecoins from outside the bloc be treated the same as those made inside, aiming to close a legal gap. The ECB warns this could risk bank stability if too many people rush to cash out, especially during market stress. EU and the ECB are divided, with the commission downplaying the risks and the ECB calling for stronger international safeguards.
Share link:In this post: China’s largest EV maker, BYD, trims factory shifts amid slow sales. Inventory reportedly piles up despite steep discounts. Dealers are calling for balanced production targets in the EV market.
Share link:In this post: Trump is pushing the Senate to pass his tax bill this week to make his first-term tax cuts permanent. The US current account deficit hit $450.2 billion in Q1 2025, the highest since 2006. The White House claims the bill will reduce debt by up to $11.2 trillion by 2034.
Share link:In this post: zkLend announced it is winding down after a serious exploit led to eventual token delistings on major CEXs. The February hack drained about $9.5 million via smart-contract vulnerabilities, with the hacker allegedly losing $5.4 million of the loot to a phishing scam. The team will allocate the remaining $200,000 in its treasury to the recovery fund; the codebase is to be open-sourced.
- 06:35Australia Securities and Investments Commission Appoints Expert Panel to Investigate Failed Blockchain Project of Australian ExchangeOdaily Planet Daily News: The Australian Securities and Investments Commission (ASIC) has appointed a three-member expert panel to conduct a comprehensive investigation into the Australian Securities Exchange (ASX), focusing on reviewing its governance structure and risk management system. This investigation directly stems from the failure of ASX's $163 million blockchain clearing system CHESS replacement project, which was terminated after seven years of development in November 2022, resulting in a pre-tax loss of $170 million. The investigation team is led by Rob Whitfield, a former executive of Westpac Bank, and includes several senior figures in the financial industry, and is required to submit improvement recommendations by March 31, 2026. ASX had previously been sued by ASIC over information disclosure issues related to this project and paid a fine of $684,000 for violating market rules. Analysts point out that the monopoly position has led to inefficiency at ASX, and the failure of the blockchain project has further damaged investor trust. Currently, ASX has completely abandoned blockchain technology and is turning to upgrading traditional systems. (Decrypt)
- 06:25澳大利亚证券交易所任命专家小组调查价值超过1.6亿美元的失败区块链项目Jinse.com report, according to Decrypt, the Australian Securities and Investments Commission (ASIC) has appointed a panel of three experts to investigate the Australian Securities Exchange (ASX). The investigation was triggered by ASX abandoning its seven-year, $163.1 million blockchain project, which aimed to replace its CHESS clearing system. The panel, led by senior banker Rob Whitfield, is required to submit a report to ASIC by March 31 of next year.
- 06:22Two wallets panicked and sold 4,598 ETH four days ago, and repurchased them at a higher price three hours ago.CoinGeek.com June 26 report, according to Lookonchain monitoring, two wallets panicked and sold 4,598 ETH four days ago, exchanging for 10.95 million DAI, with a selling price of $2,383. Three hours ago, as ETH rebounded, they repurchased 4,455 ETH (worth $10.95 million) at a higher price of $2,459, losing 142 ETH (353,000 USD).