Author: 行政
Tokens created out of thin air may explain how $320 million in Bitcoin left the Liquid sidechain
Researchers examining the roughly $320 million Liquid Network incident have identified an alleged failure in the software’s transaction-validation cache, offering a more specific explanation for how unbacked tokens could be redeemed for real Bitcoin.Accounts also raise a deployment question. Mononaut said the exploited bug had entered Elements’ master development branch the previous week but had never appeared in a tagged release. Liquid’s federation functionaries apparently ran that code, he said, while other nodes rejected the invalid transactions.That deployment account remains unconfirmed by Blockstream in the available statements. If established, it would put the software rollout at the center of an…
Vitalik Buterin sees a 60% chance that advanced cryptography becomes cheap enough to reshape Ethereum privacy.On Sept. 6, the Ethereum co-founder said there is a 60% probability that SNARKs, fully homomorphic encryption and indistinguishability obfuscation will eventually operate at less than 10 times the cost of ordinary computation. He put the odds at 33% that all three could approach near-zero additional overhead at sufficient scale.The forecast reaches well beyond hiding transactions.Cheap SNARKs could make private proofs easier to generate. Fully homomorphic encryption (FHE) could let applications compute directly on encrypted data. Indistinguishability obfuscation (iO) aims to let software run without…
Key takeaways Bittensor trades higher on Monday, extending its five-day gain to approximately 25%. TAO’s social dominance has increased amid renewed interest in AI tokens and the launch of the Buttensor meme coin on Solana. TAO open interest reached a three-month high of $428.57 million, indicating growing derivatives activity. Bittensor (TAO) trades in positive territory on Monday, extending its steady five-day rally to approximately 25%. The artificial intelligence-focused token gained 16% last week before rising another 12% on Sunday. TAO has now reached a two-month high as buyers target a breakout above the psychological resistance at $300. Social activity surrounding…
Changpeng Zhao’s September 5 visit to Kyrgyzstan’s crypto council came as President Sadyr Japarov set a three-month deadline for new regulations and officials discussed the risks posed by international sanctions. The decisions put the limits of domestic crypto policy in focus: approval at home does not ensure access abroad.Zhao, known as CZ, said in a post that he attended in person and praised progress including a circulating KGST stablecoin. His post did not name USDKG, the separate gold-backed, dollar-pegged project whose issuer is on the UK sanctions list.USDKG provides a concrete example of the limits of government backing. Its published…
Router Protocol will shut down all remaining operations by Sept. 30 after failing to build a sustainable bridge business.The cross-chain infrastructure project said it spent the past year exploring commercialization, licensing, and acquisition opportunities, including talks with teams that could take over parts of its technology stack.However, none of this process produced an outcome that could support the protocol team.Router blamed the economics of cross-chain infrastructure, where bridge fees have compressed while the cost of running always-on systems remains largely fixed. It explained:“Much of crypto’s demand revealed itself to be dopamine wearing a painkiller’s clothes: when the speculative tide went…
A whitehat hacker is holding $320 million in drained Bitcoin until developers prove they patched a fatal network flaw
Liquid Network was effectively halted after nearly $320 million in Bitcoin left its federation reserve through an abnormal peg-out.The incident began Sept. 6 when a customer submitted 4,000 L-BTC to SideSwap’s peg-out service, which converts Bitcoin represented on Liquid back into BTC on the main network.SideSwap said the request passed the normal authorization process and prompted the Liquid Federation to release about 3,996 BTC. The Bitcoin later moved to an address that held roughly 3,998.5 BTC at the latest check.Liquid disabled its bridge nodes after the withdrawal, while SideSwap suspended swaps, peg-ins, and peg-outs. Exchanges also paused or prepared to…
Key takeaways Cardano trades near $0.222 on Monday after rallying more than 15% last week. ADA’s long-to-short ratio of 0.94 shows slightly more bearish than bullish positioning. Positive funding rates and large whale orders provide mildly bullish signals. The RSI and MACD indicate strengthening upside momentum. Cardano holds gains following 15% weekly rally Cardano (ADA) trades around $0.222 on Monday after gaining more than 15% last week. Mixed derivatives data and mildly positive on-chain indicators reflect cautious sentiment among traders. However, strengthening technical momentum suggests ADA could extend its recovery if buyers overcome a cluster of resistance levels between $0.231…
Value held on the XRP Ledger averaged US$4.26 billion in Q2, the highest level in Evernorth’s six-quarter data set. RLUSD balances on XRPL averaged US$539 million, up 642% from US$73 million a year earlier. Daily transacting accounts and new accounts both fell by around 25% year on year, pointing to weaker user growth. Trading still grew, with order-book volume up 79% despite fewer accounts placing trades. The XRP Ledger is holding significantly more value than it was a year ago, even as several measures of user activity have slipped. Evernorth’s Q2 data shows tokenised assets on the network averaged US$3.72…
Florida Athletics has signed a multi-year partnership with Ripple starting with the 2026 football season. XRP branding will appear on the field at Ben Hill Griffin Stadium, as well as digital platforms and event signage. Ripple will support financial and technology education covering traditional finance and digital assets. The partnership is part of Ripple’s wider push to expand its presence among major financial and technology institutions. Florida Athletics has signed a multi-year partnership with Ripple, bringing XRP branding to the University of Florida starting with the 2026 football season. The XRP logo will feature prominently on the field at Ben…
Purported white-hat hackers withdrew roughly 4,000 BTC, worth about US$320 million, from Liquid Network’s federation wallet on September 6, around 95% of its reported reserves. Blockstream, which operates the Bitcoin sidechain, paused the network and is trying to reach the parties through an on-chain message, but has not identified them or explained the vulnerability. Ledger chief technology officer Charles Guillemet questioned the white-hat label, saying that moving hundreds of millions before making contact departs from established practice. Liquid Network, the Bitcoin (BTC) sidechain operated by Blockstream, paused most activity on September 6 after purported white-hat hackers withdrew roughly 4,000 Bitcoin,…