News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
TRON founder Justin Sun said that the Nansen integration will enhance developer and community interaction within the ecosystem.
VIPBitget VIP Weekly Research InsightsAptos and Sui, two new public blockchain projects developed with the Move programming language, have recently garnered significant attention in the secondary market. Sui led the way with a steady price increase since early August, up sixfold in three months. Aptos has since followed, driven by ongoing support from the Aptos Foundation. Both Move-based projects have presented notable trading opportunities over the past quarter.
- 22:26Shibarium cross-chain bridge suffers "complex" flash loan attack, losing $2.4 millionJinse Finance reported that the Shibarium cross-chain bridge, which connects the Layer2 network Shibarium with Ethereum, suffered a flash loan attack on Friday, resulting in the theft of approximately $2.4 million worth of ETH and SHIB. As a result, Shiba Inu developers have restricted certain activities on the network. The attacker took out a flash loan of 4.6 million BONE (Shibarium’s governance token, down 16.32%) and appeared to have obtained 10 out of 12 validator signing keys, thereby gaining two-thirds majority control. Subsequently, the attacker used this privilege to extract about 224.57 ETH and 9.26 billion SHIB from the Shibarium cross-chain bridge contract, transferring the funds to their own address. The total value of these funds is currently around $2.4 million. In response to the attack, Shiba Inu developers suspended staking and unstaking functions on the network, effectively freezing the borrowed BONE tokens (which were already in an unstaking delay period), thus preventing the attacker from further manipulating the network. In addition, the attacker also obtained about $700,000 worth of K9 (KNINE) tokens (related to K9 Finance). When the attacker attempted to sell KNINE, the K9 Finance DAO intervened and blacklisted the attacker’s wallet address, making it impossible for these tokens to be sold.
- 22:04A dormant address holding 30 ETH has been activated after 10.1 years of inactivity.Jinse Finance reported, according to on-chain data tracking service Whale Alert, that at around 5:42 AM (GMT+8), a dormant address holding 30 ETH (worth $142,906) was just activated after sleeping for 10.1 years.
- 20:48Ethereum Foundation establishes end-to-end privacy roadmap, covering private writing, reading, and proofJinse Finance reported that the Ethereum Foundation's "Privacy and Scaling Explorations" team has been renamed to "Ethereum Privacy Guardians" and has released a roadmap outlining the current progress in building comprehensive end-to-end privacy on the blockchain. This roadmap focuses on three key areas: Private Writes, Private Reads, and Private Proving, aiming to make private on-chain operations on Ethereum widespread, low-cost, and compliant. Private Writes: Ensuring that the cost and convenience of private on-chain operations are consistent with public operations; Private Reads: Enabling data to be read from the blockchain without exposing identity or intent; Private Proving: Making the generation and verification of proofs fast, private, and easily accessible.