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SlowMist : Web3 hacks total $1.68B in February, with Bybit breach leading losses Blockchain security firm SlowMist reported via its official Medium that Web3 security incidents resulted in $1.68 billion in losses in February, with 15 hacks recorded. The Bybit Exchange hack accounted for nearly $1.5 billion of the total, with $52.45 million in stolen funds frozen or recovered. Smart contract flaws, social engineering and private key leaks were the primary attack vectors. SlowMist emphasized the need for stronger security measures as crypto phishing attacks affected 7,442 victims, leading to $5.32 million in losses.

Russia’s central bank reports growing interest in smart contracts and expands digital ruble pilot Russia’s central bank has reported rising interest in smart contracts from banks, businesses and the government, making it a key focus in the ongoing digital ruble pilot, according…

📉 $SNT/USDT Short Trade Setup 📉 💰 Current Price: $0.03347 📉 Bearish Reversal Detected 📊 Key Levels: Resistance: $0.03500 / $0.03750 Support: $0.03200 / $0.03000 🎯 Targets: TP1: $0.03250 TP2: $0.03100 TP3: $0.02950 🛑 Stop Loss: $0.03750 📊 Market Insight: SNT surged but faced heavy rejection above $0.04200. Continuous lower highs indicate fading momentum. Break below $0.03200 could accelerate selling pressure. 🔥 Pro Tip: Wait for confirmation below $0.03250 for a stronger short entry. Monitor volume for any sudden reversals. Keep an eye on BTC for overall market direction. 🚀 Trade smart and manage risk! #Oscars    #Oscars2025    #LaCasaDeLosFamososCol2 #earthquake #الاتحاد_الأخدود

US authorities have made significant progress in combating cryptocurrency-related crime by seizing approximately $31 million linked to the 2021 Uranium Finance hack. The announcement was made by the US Attorney’s Office for the Southern District of New York (SDNY) and Homeland Security Investigations (HSI) in San Diego this week, nearly four years after the attack. Uranium Hack Seizure The hack, which occurred on April 28, 2021, exploited a critical vulnerability in Uranium Finance’s smart contracts during its transition to the V2.1 protocol. The flaw in its pair contracts allowed the attacker to withdraw nearly all available assets. This resulted in a theft of roughly $50 million in various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Binance USD (BUSD), Polkadot (DOT), Cardano (ADA), Tether (USDT), and Uranium’s native token, U92. Initially, suspicion surrounding the attack grew due to its timing, which occurred mere days after Uranium Finance launched its V2 upgrade. Adding to the controversy, the project’s contract repository was suddenly removed from GitHub, which led many in the community to speculate about potential insider involvement. Doubts about the platform’s security also intensified, especially since it had already experienced a $1.3 million breach earlier in the same month. The attacker quickly laundered the stolen funds with the help of controversial crypto mixer Tornado Cash, and AnySwap, a cross-chain bridge, to transfer assets across blockchains. Despite these obfuscation attempts, law enforcement managed to recover a significant portion of the stolen funds. Attacks on Crypto Platforms The latest seizure comes as cryptocurrency-related cybercrimes continue to rise, with a recent high-profile hack targeting Bybit which lost an estimated $1.4 billion in crypto assets. The FBI has officially attributed the heist to North Korea, further cementing the country’s role in global crypto theft. With total stolen funds in 2024 reaching $2.2 billion, this marks the fifth time in the past decade that annual losses have exceeded $1 billion. Interestingly, North Korea’s cybercriminal operations now account for 61% of the total stolen crypto this year and 20% of all hacking incidents, The post US Authorities Seize $31M in Crypto Tied to Uranium Finance Hack appeared first on CryptoPotato.

Grayscale has recently revised its smart contract fund holdings. Seven main smart contract blockchains—Solana, Ethereum, Cardano, Avalanche, Sui, Near, and Polkadot—make up the new portfolio. Every asset in the fund will be rebalanced quarterly using a market capital-weighted methodology with a cap of 30% per asset. Grayscale did not treat this money lightly. Now with 31.30%, Solana is the biggest portion, somewhat ahead of Ethereum at 31.22%. Avalanche receives 7.26%; Cardano follows with 18.23%. On the other hand, newcomers like Sui enter with 6.50%, Near 2.95%, and Polkadot 2.54%. This development really begs the issue: is Solana becoming a more appealing asset than Ethereum in Grayscale? Alternatively, is it only a mirror of the moves in the market? All the same, this choice shows that Grayscale is adaptable and sensitive to industry changes. CNF had earlier reported that Grayscale unveiled Pyth Trust, a single investment instrument exposing the PYTH token. For around 90 blockchains, Pyth Network itself serves as a real-time price data supplier. Stated differently, this project is a vital infrastructure in the crypto ecosystem rather than only a token. Furthermore, Grayscale also launched Dogecoin Trust early in February 2025. Given that Dogecoin has lately been more renowned as a meme coin than a major investment tool, this action was very unexpected. With this confidence, though, DOGE now receives greater validation from big universities, indicating that its attraction goes beyond the community to also reflect the possibility for long-term value. With total assets under management of $3.27 million, the Net Asset Value (NAV) per share for this smart contract fund comes out to be $10.58 numerically. 309,400 is the recorded total of outstanding shares. This information reveals that demand for digital assets is still strong even if the crypto sector keeps having difficulties. Moreover, the makeup of this fund might also be a clue to market mood. Given Solana’s growing share, Grayscale might find more possibilities in this network than in past times. Based on Grayscale’s movement trends in recent months, it seems as though the company is growing more aggressive in broadening the scope of investment. While Dogecoin Trust offers the avenue for further speculation, Pyth Trust concentrates on blockchain data infrastructure and now their smart contract fund reveals a change in approach in choosing more interesting projects. However, the most important question still is how large of a change in the price and acceptance of every asset this rebalancing will cause. Should other asset hodlers get ready for the next change? Grayscale is unquestionably unpredictable, they always have new surprises ready for us; 2025 seems to be a year full of unanticipated actions.