Anumshahzadi786

On June 2, 2025, Robinhood completed a dollar 200 million all-cash acquisition of Bitstamp, marking a significant strategic expansion into the global cryptocurrency market. This move gives Robinhood access to Bitstamp’s established infrastructure, regulatory licenses, and international user base, positioning it to compete more aggressively with major crypto exchanges. The acquisition highlights Robinhood’s commitment to deepening its presence in digital assets and signals a broader ambition to become a key player in the global crypto ecosystem.

#MyCOSTrade #CEXvsDEX101 $BTC

Layer 1 permissionless blockchain Sui Network stated that the recent incident involving the Cetus decentralized exchange (DEX) was caused by a flaw in a math library specific to Cetus, rather than any inherent vulnerability within the Sui network or the Move programming language. Despite the technical origin, the outcome for users remains unchanged. The platform emphasized the importance of adopting a comprehensive approach to ecosystem security and acknowledged the need to enhance its support in this area. Sui Network also indicated that it will highlight its current security measures and introduce additional initiatives to reinforce its commitment to helping developers safeguard their applications. As part of this effort, the network has pledged an extra $10 million toward security enhancements. This funding will be allocated to activities such as code audits, bug bounty programs, formal verification, and other methods aimed at strengthening the network’s security framework, with implementation strategies to be developed in coordination with the developer community. We’re kicking this off by committing to spend an additional $10M on security initiatives. These funds will be spent on audits, bug bounty programs, formal verification, and other ways to harden Sui — we’ll figure out the details in collaboration with our developer community. — Sui (@SuiNetwork) May 26, 2025 Cetus Unveils Incident Report Following $223M Exploit At the same time, Cetus published an exploit analysis outlining the root cause and planned mitigation steps. The issue stemmed from a misinterpretation of the left-shift operation in the integer-mate open-source library, which the CLMM contract relies on. Specifically, the checked\_shlw method should have validated whether the input was less than or equal to 2^192; however, the version in use incorrectly checked against 2^256, leading to a failure in proper overflow detection. This flaw was the primary enabler of the recent exploitation. By exploiting this error, the attacker manipulated the pool’s tick and liquidity logic, enabling the extraction of substantial funds over multiple exploit cycles. Currently, Cetus is working closely with the Sui security team and several audit firms to conduct a comprehensive re-evaluation of the updated contracts, including a collaborative audit process. CLMM pools and associated services will only be gradually reactivated once the revised contracts are fully validated. Additional audits are scheduled to begin immediately, and the platform plans to issue regular audit reports based on total value locked (TVL). Efforts to improve on-chain monitoring are also underway, including enhancements to risk management parameters and more controlled asset flow rate limits. Furthermore, efforts are currently underway in collaboration with key ecosystem stakeholders to develop a recovery plan for the impacted pools and liquidity providers, with the objective of restoring full functionality, including liquidity withdrawals, as promptly as possible. In pursuit of fully compensating users for their losses, the platform has initiated an on-chain governance vote and is requesting support from Sui validators. If approved, the proposal would facilitate the expedited return of a significant portion of affected assets to users. The platform views this measure as a step toward both financial recovery and the restoration of trust within the community. On May 22, Cetus experienced a security breach that resulted in user losses estimated at $223 million over the span of 24 hours. In response to the incident, Cetus and the Sui Foundation reported that a large portion of the compromised assets was promptly frozen through coordinated action by Sui network validators. According to information provided by the Cetus team, approximately $163 million of the affected funds were frozen on the same day the exploit occurred, with support from validators and ecosystem partners. The post Sui Network Commits $10M To Strengthen Security Measures After Cetus $223M Exploit appeared first on Metaverse Post.
$SUI

A Binance account can be suspended for several reasons, often related to security, compliance, or policy violations. Here are the most common reasons:

1. KYC/AML Violations

Failure to complete KYC (Know Your Customer) verification.

Suspicious activity related to Anti-Money Laundering (AML) regulations.

Providing false or inconsistent information during verification.

2. Suspicious or Unauthorized Activity

Logging in from multiple or unusual locations (IP address changes).

Sudden large transactions or unusual trading behavior.

Use of VPNs or anonymizing tools.

3. Security Concerns

Account may be compromised or at risk of hacking.

Repeated failed login attempts.

Reports of phishing or stolen credentials.

4. Violation of Terms of Use

Engaging in market manipulation, like wash trading or pump-and-dump schemes.

Use of automated trading bots not permitted by Binance.

Multiple accounts where only one is allowed per user.

5. Legal or Regulatory Issues

User located in a restricted country where Binance is not authorized to operate.

Regulatory action or government request to freeze the account.

6. Chargebacks or Payment Disputes

Initiating a chargeback after making a fiat deposit or purchase.

Issues with linked bank accounts or payment providers.

What to Do If Your Account Is Suspended:

Check your email for any communication from Binance explaining the issue.

Submit a support ticket via the Binance Help Center.

Provide any documents or explanations requested to resolve the issue.

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$HUMA

Huma Finance (HUMA) has officially launched on Binance as the 70th project on Binance Launchpool, marking a significant milestone for the PayFi (Payment Financing) sector. This listing introduces HUMA to a broader audience, with trading pairs including HUMA/USDT, HUMA/USDC, HUMA/BNB, HUMA/FDUSD, and HUMA/TRY becoming available as of May 26, 2025 .
Short-Term Outlook: Analysts suggest that HUMA's price could range between $0.03 and $0.06 initially, with potential to rise to $0.10–$0.12 in the short term, depending on market demand and trading volume .

Long-Term Potential: If HUMA successfully executes its roadmap and garners significant adoption in the DeFi space, some projections estimate the token could reach $0.50 to $2.00 over the next 12–24 months .
Binance Integration: Beyond spot trading, Binance has integrated HUMA into various services, including Simple Earn, Buy Crypto, Convert, Margin, and Futures, enhancing its accessibility and utility .

Trading Challenge: Binance has launched a HUMA Trading Challenge, offering a prize pool of 30 million HUMA tokens to incentivize trading activity .

Airdrop Campaign: HUMA conducted an airdrop campaign, distributing tokens to early adopters and participants in the Binance Alpha platform, fostering community engagement .
$HUMA