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⚡️Breaking: Cetus Relaunches Today with 85%–99% LP Recovery Rate After Exploit 🛠️Compensation Plan: – 15% of Cetus Protocol tokens allocated to victims – 5% available immediately – 10% to unlock linearly over 12 months starting June 10, 2025 💰The team has deployed $7M in cash reserves and secured a 30M @USDC loan from @Sui Foundation. ⚖️Legal actions are underway across multiple jurisdictions to recover stolen funds. #CetusProtocol #CETUS #Sui #CryptoSecurity #DeFiNews
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⚡Breaking:Alex Protocol Hit by $8.3M Exploit, Pledges Full @USDC Compensation @Bitcoin DeFi platform Alex Protocol suffered a major attack on June 6, resulting in a loss of approximately $8.3 million in assets: – 8.4M STX – 21.85 sBTC – 149.8K USDC – 2.8 WBTC #AlexProtocol #STX #WBTC #sBTC #USDC
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📢 21st Century Business Herald analyzes Hong Kong’s stablecoin strategy: Hong Kong introduces the concept of “designated stablecoins” under a “value-referenced regulatory model.” These are stablecoins pegged to one or more official currencies or units of value designated by the HKMA to maintain price stability. The regulation targets two key activities: 👉Issuing designated stablecoins within Hong Kong; 👉Issuing them outside Hong Kong while claiming a peg to the Hong Kong dollar. This framework ensures regulatory oversight for HKD-pegged stablecoins while allowing flexibility for others.
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Evening News Update #Web3 📈 BlackRock’s ETHA ETF sees 9 consecutive days of net inflows, totaling over $492M. 🎙️ Circle President Heath Tarbert, former CFTC Chair, told Yahoo Finance that Circle launched USDC in 2017–2018 to serve as a new foundational monetary layer for the internet. As a U.S.-listed company, Circle embraces top-tier transparency and governance. Tarbert emphasized Circle’s neutral position between TradFi and Web3, noting that banks are ideal partners, not competitors. 🔗 Bitget enables on-chain trading of BC token, supporting the BNB Smart Chain ecosystem. 🚨 ether.fi issues an update on its Discord hack, stating the issue is now under control. The team is actively monitoring and urges users to flag any suspicious behavior. 💸 According to Farside Investors, U.S. spot Bitcoin ETFs saw $131.6M in net outflows this week. #CryptoNews #ETHA #Circle #USDC #Bitget #BNB #BitcoinETF #Web3 #Security #DeFi
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🐋 JUST IN: Trend Research withdraws 4,000 ETH from exchanges again — current holdings exceed $347M in total value. #ETH #TrendResearch #WhaleAlert #CryptoNews #Web3
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