News

According to Odaily, monitored by Lookonchain, one hour ago, the smart trader pension-usdt.eth (0x367...D17) closed an ETH short position, incurring a loss of 3.4 million US dollars. This trader has completed approximately 70 trades in total, with a win rate of 83% and total profits reaching 21.84 million US dollars.

BlockBeats News, December 29th: Flow's official statement on the attack has been released. Validator consensus has been reached, accepting the proposed software upgrade solution. The network is currently entering the recovery and testing phase. The Flow network has come back online and started producing blocks. However, regular transaction reception remains paused as remediation protocols need to be validated and tested. At 6 a.m. PT, the network will open as part of Phase 1 of the Flow Network Restoration Plan, allowing operations in the Cadence environment. Accounts affected by the attacker's exploit will remain temporarily restricted, and the EVM environment will be restricted to read-only mode. Over 99.9% of Cadence accounts will regain full functionality during this transition period.

Flow network validators have accepted the proposed software upgrade plan, and the network is now entering the repair and testing phase. Currently, the network is in read-only mode, has gone live, and is producing blocks, but regular transaction processing is suspended. This phase aims to ensure system synchronization before entering the first stage of operational status. During the transition, more than 99.9% of Cadence accounts will have full functionality restored.