ChainCatcher message, Binance-BNB/USDT is currently at $600.00, with a 24-hour increase of 0.27%.

ChainCatcher message, LayerZero CEO Bryan Pellegrino addressed the Across Protocol team on social media, stating, "I want to inform you that there is a critical issue with your token contract. You have incorrectly exposed a function that should have been an internal private function, which was written by Open Zeppelin in its ERC20 token implementation, designed to burn tokens, and granted it to the contract owner—this allows you to withdraw tokens from any wallet at any time and arbitrarily set any account's balance to 0.Additionally, both your Across Protocol and UMA Protocol contracts have the ability to mint unlimited tokens, but I have already notified you of these two issues, and you seem unconcerned. To resolve this issue without needing to reissue tokens:Transfer the contract ownership to a new smart contract to prevent the minting amount from exceeding the total supply and also disallow burning. Since this is a permanent vulnerability, the new contract must be immutable and should not include any functionality to transfer ownership. If you have an active bug bounty program, you can credit this information to the LayerZero team."

ChainCatcher news, Paradigm co-founder Matt Huang stated on social media, "Stablecoins are the next killer app for the Crypto industry—it's obvious to everyone in the cryptocurrency space, but not so clear to the outside world. Congratulations to Stripe and Bridge."Earlier, ChainCatcher reported that payment company Stripe has acquired the stablecoin platform Bridge for $1.1 billion, marking the largest acquisition in the cryptocurrency sector.

ChainCatcher news, Rune Christensen, the founder of MakerDAO (now renamed Sky), announced on social media that he will draft an Atlas Edit proposal for a community vote on the project's core brand choice. This move aims to respond to community feedback and seek consensus on the future direction of the project. Christensen proposed three voting options:Continue with Sky as the core brand;Refocus the Maker brand with the original brand image;Refocus the Maker brand with an updated brand image.Christensen emphasized that once the core brand direction is determined, the next step will be to consider whether adjustments to the token economic model are needed, as well as the subsequent development of the Sky brand and SKY token (if the vote decides to refocus on the Maker brand).

ChainCatcher news, Sushi announced the Super Swap roadmap on platform X, which includes key content such as multi-chain expansion, Route Processor, Swap API, and SushiXSwap.

ChainCatcher news, according to Lookonchain monitoring, a certain whale has withdrawn 8,065 ETH from Binance in the past six hours, worth 21.77 million dollars. This whale holds assets valued at up to 390 million dollars.

ChainCatcher news, according to coinglass data, if Bitcoin falls below $65,000, the cumulative long liquidation intensity on major CEXs will reach $316 million. Conversely, if Bitcoin breaks above $69,000, the cumulative short liquidation intensity on major CEXs will reach $329 million.

ChainCatcher news, according to RootData data, the Param Labs token (PARAM) has increased by 132.99% in the last 24 hours, currently priced at $0.014.Additionally, the Web3 asset data platform RootData shows that Param Labs is a AAA game and blockchain development studio focused on providing the highest quality blockchain-integrated games to the public through player-owned digital assets.

ChainCatcher news, Torsten Slok from the asset management firm Apollo stated in a report that, as data continues to show that the U.S. economy remains relatively strong, the Federal Reserve may change its course and not cut interest rates at all.He said, "The Atlanta Federal Reserve Bank's forecast for third-quarter GDP is currently 3.4%, and the bottom line is that the economy will continue to expand." Slok believes that the economy benefits from favorable factors, including a dovish Federal Reserve, the impending end of election uncertainty, and easing geopolitical risks. Slok stated that considering these factors, the Federal Reserve is more likely to keep interest rates unchanged in November rather than cut them.

ChainCatcher news, according to on-chain detective ZachXBT disclosed on his personal channel, the crypto payment service provider Transak has recently suffered a ransomware attack.Transak stated in a blog post earlier today that the incident is limited to the names and basic identity information of a small number of users, while the ransomware group claims it also includes personal identifiable information (PII) and more user data.According to Transak's website, it has been integrated with Metamask, Trust Wallet, Coinbase, Ledger, and others for fiat and cryptocurrency on-ramps and off-ramps.

ChainCatcher news, according to Bloomberg, German Bitcoin mining company and data center operator Northern Data AG is considering selling its cryptocurrency mining business to free up funds for expanding its artificial intelligence business.The Frankfurt-listed company, whose main shareholder is stablecoin issuer Tether Holdings Ltd., stated in a press release on Monday that it will use the proceeds from the sale of Peak Mining to focus on its artificial intelligence solutions division. Following the news, Northern Data's stock price surged by 12% at one point, and as of 12:06 PM Frankfurt time, it had risen by 9.8%.

According to ChainCatcher news, Fox Business reporter Eleanor Terrett disclosed that Litecoin (LTC) founder Charlie Lee stated in an interview with Fox Business Channel, "I am glad to see Canary Capital submit a Litecoin ETF application. We are indeed seeing a lot of institutional demand for Litecoin. The daily growth of the Grayscale Litecoin Trust clearly shows institutional demand, with its price currently more than twice the net asset value. Given that Litecoin is a commodity very similar to Bitcoin, I hope to see the Litecoin ETF approved soon."Previous news, ETF issuer Canary Capital has submitted a registration application for the Litecoin ETF to the SEC.

ChainCatcher news, according to Finance Magnates, the UK's Financial Conduct Authority (FCA) defended its "overly strict" approach to the registration of cryptocurrency companies, stating that strong standards are crucial for establishing a sustainable and trustworthy digital asset industry.Val Smith, the FCA's Director of Payments and Digital Assets, responded today in a statement to criticisms that the regulator's stringent requirements could stifle innovation in the crypto industry and that the registration threshold is "too high." Smith warned, "Innovations built quickly on unsafe, unregulated, and untrustworthy foundations are like houses built on sand—likely to collapse. Instead, we want to work closely with the government, industry, and partners in other jurisdictions to develop a crypto industry built on reliable, solid foundations."The FCA has come under scrutiny for the relatively low number of cryptocurrency companies registered under the UK's Money Laundering Regulations (MLR). Some industry observers believe that the regulator's standards may be too high and could jeopardize the UK's position as a global financial leader. Smith countered these claims, emphasizing that the FCA never directly rejects applications and takes the risks of financial crime seriously. She mentioned concerns regarding terrorism, organized crime, sanctions evasion, and human trafficking.

ChainCatcher message, Fed's Logan stated that if the economy meets expectations, a gradual rate cut is anticipated. (Jin Ten)

ChainCatcher news, official news, OKX Ventures in collaboration with BlockBooster will hold the "Next-Gen Web3 Growth Bootcamp" in Bangkok on November 11, 2024. The aim is to help Web3 founders, growth leaders, and KOLs master key skills such as cutting-edge growth strategies, economic model design, community building, and digital marketing applications.It is reported that this event will focus on practical experience for in-depth discussions, with an emphasis on the actual growth and sustainable development of projects. Participants will have the opportunity to engage face-to-face with top industry experts, receive personalized advice, and inject new development momentum into their projects.For the registration link, please click: https://lu.ma/3sis1czh

ChainCatcher news, according to WEEX data, its platform token WEEX Token (WXT) surged to $0.13413 during the session, reaching a new all-time high, and is currently reported at $0.13375. CMC data shows that WXT has a circulating market cap of $33.94 million, with a 24-hour increase of 1.75% and a 24-hour trading volume increase of 43.55%.

ChainCatcher news, according to Whale Alert monitoring, at 20:11 Beijing time today, USDC Treasury burned 50 million USDC on the Ethereum blockchain.

ChainCatcher message, according to Arkham monitoring, approximately 2 minutes ago, 8812 ETH flowed out from the Binance hot wallet address and was transferred to the Metalpha tagged address Metalpha: Gnosis Safe Proxy, worth about 23.86 million USD.