According to ChainCatcher's message, data from the on-chain analysis application Watchers shows that Frog Nation's former Chief Financial Officer 0xSifu holds an approximately $21 million short position in Ethereum on Synthetix perpetual contracts.The current market price for Ethereum contracts is $1,833, while 0xSifu's average holding price is $1,643, resulting in an unrealized loss of nearly $2.22 million. Currently, 0xSifu still has about $1.64 million in margin to maintain this position, and if the market price continues to rise to $1,926, his position will face the risk of being liquidated.

ChainCatcher news, according to Arkham monitoring, Frog Nation's former CFO 0xSifu holds a short position of 10 million USD in ETH on Synthetix perpetual contracts, currently realizing a profit of approximately 822,000 USD.

ChainCatcher message, PeckShield monitoring shows that the RouterProcess2 contract of SushiSwap seems to have a vulnerability related to approve, resulting in a loss of approximately 1900 ETH (over 3.3 million USD) for Frog Nation's former CFO 0xSifu. If users have approved the corresponding contract, please revoke the permissions as soon as possible. (Source link)

Chain Catcher news, Frog Nation's former CFO 0xSifu (real name Michael Patryn) recently launched a new project, the DeFi lending protocol UwU Lend, which went live on September 21. This project is a fork of the lending giant Aave, and currently, the total locked value is 56.61 million USD, with a token price of 70.21 USD.It is reported that 0xSifu has been identified as a core figure in several scam projects. Previous reports indicate that 0xSifu is actually Michael Patryn, co-founder of QuadrigaCX. The Canadian exchange collapsed in 2019 after its founder Gerald Cotten disappeared with 169 million USD. (The Defiant)