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CRYPTO NEWS HIGHLIGHTS;
* WHY THE MEDIA BARELY BLINKED AS BITCOIN BROKE TO NEW HIGHS
WhenĀ Bitcoin (BTC, āAā)Ā crushed past the high it made in January of this year to reach $111,800 last week ā¦ it barely made a sound in the media landscape.
Typically, Bitcoin highs are all talking heads can focus on. But Mark Gough explains their silence is actually very loud. And itās screaming that there is more upside ahead.
* SOLANA SMARTPHONE SAGA COULD WRITE THE NEXT CHAPTER IN CRYPTO ADOPTION
A smartphone designed with DeFi functionality that runs on the Solana network may seem like a marketing ploy at first.
But the true story hides a key fact about crypto average users may not realize: infrastructure is growing. And with it, Solana adoption is expected to soar.
In his latest update, tech expert Jurica Dujmovic shows you two ways you can benefit ā¦ without buying a new phone.
* SECURE YOUR CRYPTO WITH THIS DEFI ACTION PLAN
In the past month, weāve seen attacks on two centralized exchanges. Both revealĀ the notable risks of trusting a centralized platform with your sensitive information:Ā It becomes a honeypot of valuable data.Ā
DeFi expert Marija MatiÄ reveals how DeFi solves these problemsĀ andĀ creates new opportunities for users. She even lays out the five steps you should take to start your own DeFi journey and truly take control of your crypto.
* EARN INCOME WITH CRYPTO'S 'AIRBNB' FOR IDLE BANDWIDTH
Speaking of decentralized gems,Ā Grass (GRASS, āBā)Ā is an up-and-coming juggernaut thanks to the way it optimizes DeFi capability to service a red-hot sector: AI.
In fact, it has the potential to turn the tech giants leading the AI revolution into paying customers.
And the project gives users two additional ways to benefit.
Have a best week.
#cryptonews #B
* WHY THE MEDIA BARELY BLINKED AS BITCOIN BROKE TO NEW HIGHS
WhenĀ Bitcoin (BTC, āAā)Ā crushed past the high it made in January of this year to reach $111,800 last week ā¦ it barely made a sound in the media landscape.
Typically, Bitcoin highs are all talking heads can focus on. But Mark Gough explains their silence is actually very loud. And itās screaming that there is more upside ahead.
* SOLANA SMARTPHONE SAGA COULD WRITE THE NEXT CHAPTER IN CRYPTO ADOPTION
A smartphone designed with DeFi functionality that runs on the Solana network may seem like a marketing ploy at first.
But the true story hides a key fact about crypto average users may not realize: infrastructure is growing. And with it, Solana adoption is expected to soar.
In his latest update, tech expert Jurica Dujmovic shows you two ways you can benefit ā¦ without buying a new phone.
* SECURE YOUR CRYPTO WITH THIS DEFI ACTION PLAN
In the past month, weāve seen attacks on two centralized exchanges. Both revealĀ the notable risks of trusting a centralized platform with your sensitive information:Ā It becomes a honeypot of valuable data.Ā
DeFi expert Marija MatiÄ reveals how DeFi solves these problemsĀ andĀ creates new opportunities for users. She even lays out the five steps you should take to start your own DeFi journey and truly take control of your crypto.
* EARN INCOME WITH CRYPTO'S 'AIRBNB' FOR IDLE BANDWIDTH
Speaking of decentralized gems,Ā Grass (GRASS, āBā)Ā is an up-and-coming juggernaut thanks to the way it optimizes DeFi capability to service a red-hot sector: AI.
In fact, it has the potential to turn the tech giants leading the AI revolution into paying customers.
And the project gives users two additional ways to benefit.
Have a best week.
#cryptonews #B
DEXODUS LOST $300K IN A SIGNATURE REPLAY ATTACK
[Hereās the Breakdown];
On May 26, Dexodus Financeāāāa perpetual derivatives protocol on the Base Networkāāāsuffered a devastating exploit that led to aĀ $300,000 loss from its liquidity pool. The attack was carried out by replayingĀ old oracle signatures, exposing a critical flaw in how the protocol verified price feeds.
What Happened?
The attacker began by taking aĀ $10.5K flash loanĀ from the Balancer vault. With that, they manipulated the protocol into acceptingĀ outdated oracle-signed dataĀ that set the ETH price atĀ $1816āāāsignificantly lower than the real market price.
With this altered data, the attacker opened aĀ 100x leveraged long positionĀ using $10K as collateral. This ballooned the position size toĀ $1 million. Moments later, they reverted the ETH price feed back to the correct market value andĀ closed the position, pocketing aroundĀ $300KĀ from the Dexodus liquidity pool.
The Root Cause
Dexodus used Chainlink price feeds, which are typically reliable. However, the protocol failed to implement checks toĀ verify the freshness of the signature data. The vulnerable part of the contractĀ didnāt validate nonce or unique identifiers, meaningĀ old but valid signaturesĀ could be reused.
This oversight allowed the attacker to submit previously signed price reports through theĀ performUpKeepĀ function. Once decoded, these reports were accepted as valid, triggering the execution of the manipulated trade. The contract even emitted aĀ ReportVerifiedĀ event, believing the data was authentic.
Post-Attack Fund Flow
After exploiting the protocol:
The attackerĀ repaid the flash loan.
TheyĀ bridged the stolen funds via Stargate to Ethereum.
107 ETHĀ was sent to a safe multisig wallet controlled by the Dexodus team (likely a white-hat recovery).
The remainingĀ 6.2 ETHĀ was routed to a different wallet and later transferred to Binanceāāāpotentially as part of a bounty settlement.
#Binancenews #BinanceSquareTalks #WriteToEarnWCT #cryptonews #Kosheunti.
[Hereās the Breakdown];
On May 26, Dexodus Financeāāāa perpetual derivatives protocol on the Base Networkāāāsuffered a devastating exploit that led to aĀ $300,000 loss from its liquidity pool. The attack was carried out by replayingĀ old oracle signatures, exposing a critical flaw in how the protocol verified price feeds.
What Happened?
The attacker began by taking aĀ $10.5K flash loanĀ from the Balancer vault. With that, they manipulated the protocol into acceptingĀ outdated oracle-signed dataĀ that set the ETH price atĀ $1816āāāsignificantly lower than the real market price.
With this altered data, the attacker opened aĀ 100x leveraged long positionĀ using $10K as collateral. This ballooned the position size toĀ $1 million. Moments later, they reverted the ETH price feed back to the correct market value andĀ closed the position, pocketing aroundĀ $300KĀ from the Dexodus liquidity pool.
The Root Cause
Dexodus used Chainlink price feeds, which are typically reliable. However, the protocol failed to implement checks toĀ verify the freshness of the signature data. The vulnerable part of the contractĀ didnāt validate nonce or unique identifiers, meaningĀ old but valid signaturesĀ could be reused.
This oversight allowed the attacker to submit previously signed price reports through theĀ performUpKeepĀ function. Once decoded, these reports were accepted as valid, triggering the execution of the manipulated trade. The contract even emitted aĀ ReportVerifiedĀ event, believing the data was authentic.
Post-Attack Fund Flow
After exploiting the protocol:
The attackerĀ repaid the flash loan.
TheyĀ bridged the stolen funds via Stargate to Ethereum.
107 ETHĀ was sent to a safe multisig wallet controlled by the Dexodus team (likely a white-hat recovery).
The remainingĀ 6.2 ETHĀ was routed to a different wallet and later transferred to Binanceāāāpotentially as part of a bounty settlement.
#Binancenews #BinanceSquareTalks #WriteToEarnWCT #cryptonews #Kosheunti.
Cetus Protocol Hack: Overflow Bug Leads to $223M Loss
On May 22, 2025, Cetus Protocol, a major DEX on the Sui blockchain, suffered a catastrophic exploit. A subtle arithmetic overflow bug allowed an attacker to drainĀ ~$223 million, making it one of the largest DeFi hacks of the year.
The attacker usedĀ flashloansĀ to borrow large amounts of tokenA and opened a position within a tightly defined price rangeāāā[300000, 300200]. By adding justĀ 1 unitĀ of tokenA, they were able to mint an excessive amount of liquidity.
At the core of the issue was a faulty function:Ā get_delta_a, which calculates how much of tokenA is required to mint liquidity. The function used a flawedĀ checked_shlwĀ operation that failed to reject values exceeding a 192-bit limit, leading to an overflow. This caused calculations to reset to a much smaller number, letting the attacker supply just 1 token but receive liquidity worth millions.
After successfully minting and withdrawing the liquidity, the attacker repaid the flashloan and kept the profit. They thenĀ bridged ~$62M USDCĀ to Ethereum via Wormhole and swapped it for ETH. The rest of the funds (~$162M) were frozen by Sui validators before they could be moved.
What Went Wrong?
The vulnerability lay in unchecked arithmetic logic. Specifically, the overflow occurred when multiplying and shifting large integer values. Because DeFi protocols often deal with massive numbers for precision, failing to handle overflows can be a ticking time bomb.
Cetusās bug let attackers bypass safety checks and exploit the pool repeatedly. Itās a classic example of how a single line of faulty logic can collapse an entire protocol.
Could This Have Been Prevented?
Yes. The bug couldāve been caught with proper input validation, overflow checks, and rigorous external audits. Understanding how large integers behave at the compiler level is essential for DeFi development but often overlooked.
#MarketRebound #cryptonewstoday #Cryptonewsdaily #BinanceSquareTalks #kosheunti'scontent.
On May 22, 2025, Cetus Protocol, a major DEX on the Sui blockchain, suffered a catastrophic exploit. A subtle arithmetic overflow bug allowed an attacker to drainĀ ~$223 million, making it one of the largest DeFi hacks of the year.
The attacker usedĀ flashloansĀ to borrow large amounts of tokenA and opened a position within a tightly defined price rangeāāā[300000, 300200]. By adding justĀ 1 unitĀ of tokenA, they were able to mint an excessive amount of liquidity.
At the core of the issue was a faulty function:Ā get_delta_a, which calculates how much of tokenA is required to mint liquidity. The function used a flawedĀ checked_shlwĀ operation that failed to reject values exceeding a 192-bit limit, leading to an overflow. This caused calculations to reset to a much smaller number, letting the attacker supply just 1 token but receive liquidity worth millions.
After successfully minting and withdrawing the liquidity, the attacker repaid the flashloan and kept the profit. They thenĀ bridged ~$62M USDCĀ to Ethereum via Wormhole and swapped it for ETH. The rest of the funds (~$162M) were frozen by Sui validators before they could be moved.
What Went Wrong?
The vulnerability lay in unchecked arithmetic logic. Specifically, the overflow occurred when multiplying and shifting large integer values. Because DeFi protocols often deal with massive numbers for precision, failing to handle overflows can be a ticking time bomb.
Cetusās bug let attackers bypass safety checks and exploit the pool repeatedly. Itās a classic example of how a single line of faulty logic can collapse an entire protocol.
Could This Have Been Prevented?
Yes. The bug couldāve been caught with proper input validation, overflow checks, and rigorous external audits. Understanding how large integers behave at the compiler level is essential for DeFi development but often overlooked.
#MarketRebound #cryptonewstoday #Cryptonewsdaily #BinanceSquareTalks #kosheunti'scontent.
Happy Monday!
Crypto markets are buzzing as Bitcoin's surge to $110,000 triggers a dramatic $1 billion short liquidation on Hyperliquid, underscoring renewed bullish momentum. Meanwhile, Tether charts a new course for U.S. users with a separate stablecoin, even as its CEO reaffirms USDT's mission for the unbanked abroad. And as Sweden and Norway revisit the role of cash, Vitalik Buterin spotlights Ethereum as a resilient digital payments backbone. Dive into today's top stories driving the transformation of the crypto landscape.
The global crypto market cap isĀ $3.45 trillion, with a 24-hour volume ofĀ $103.22 billion. The price of Bitcoin isĀ $110,037.41, and BTC market dominance isĀ 63.4%. The price of Ethereum isĀ $2,563.76, and ETH market dominance isĀ 9.0%. The best-performing sector isĀ Virtuals, which gainedĀ 19%. The Crypto Fear & Greed Index is currentlyĀ Greed (73).
Crypto markets are buzzing as Bitcoin's surge to $110,000 triggers a dramatic $1 billion short liquidation on Hyperliquid, underscoring renewed bullish momentum. Meanwhile, Tether charts a new course for U.S. users with a separate stablecoin, even as its CEO reaffirms USDT's mission for the unbanked abroad. And as Sweden and Norway revisit the role of cash, Vitalik Buterin spotlights Ethereum as a resilient digital payments backbone. Dive into today's top stories driving the transformation of the crypto landscape.
The global crypto market cap isĀ $3.45 trillion, with a 24-hour volume ofĀ $103.22 billion. The price of Bitcoin isĀ $110,037.41, and BTC market dominance isĀ 63.4%. The price of Ethereum isĀ $2,563.76, and ETH market dominance isĀ 9.0%. The best-performing sector isĀ Virtuals, which gainedĀ 19%. The Crypto Fear & Greed Index is currentlyĀ Greed (73).
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