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, according to the official announcement, the Binance futures platform will launch the 1000CATUSDT perpetual contract on October 21, 2024, at 20:30 (UTC+8), with a maximum leverage of up to 75 times.

ChainCatcher news, Coinglass data shows that the current open interest of ETH futures contracts across the network is 4.85 million ETH, approximately 1.2897 billion USD, with a 24-hour decline of 1.06%.Among them, Binance ranks first with an open interest of 1.56 million ETH in ETH contracts, approximately 4.12 billion USD, with a 24-hour decline of 0.95%.

ChainCatcher news reports that the CTO of the Ethereum ecosystem project FWOG has issued a warning regarding fraudulent activities by the Solana ecosystem project Fwog contract deployer @deecayz, who is suspected of selling community donations of $Fwog tokens, cashing out approximately $30,000, and has transferred the funds to a CEX.According to community members, @deecayz was originally a member of the Solana ecosystem Fwog community, later switching to the Ethereum ecosystem FWOG community, promising to create more works for the community. Previously, @deecayz publicly shared their ETH address multiple times, requesting donations from members to support their creations, stating that they would not sell $Fwog and would instead obtain funding through donations.Currently, @deecayz remains active in the Solana project Fwog. In response, the Ethereum FWOG CTO is calling for community decentralization and vigilance against fraud.At present, community members have disclosed @deecayz's suspected fraudulent ETH address: 0x2c9F3B8732ec07d91270ef2Acdb7339048CbB49.

ChainCatcher message, according to on-chain data analyst @ai_9684xtpa's monitoring, the whale 0x3ec...5F381 has withdrawn a total of 7595 ETH (approximately 20.22 million USD) from Scroll in the past 8 hours, and subsequently deposited into Binance and Bybit. In addition, the large holder 0x55e...3DF26 redeemed 2501 ETH (approximately 5.61 million USD) from ether.fi six hours ago, which has now been deposited into Binance.

ChainCatcher news, HashKey Global announced the launch of APT/USDT and TRX/USDT perpetual contracts, allowing users to trade 24/7. The contract value for APT perpetual contracts is 1 APT, with a minimum price fluctuation of 0.001 and a maximum leverage of 10 times. The contract value for TRX perpetual contracts is 1 TRX, with a minimum price fluctuation of 0.00001 and a maximum leverage also of 10 times. The funding fee cap for both is ±0.75%, settled every 8 hours.In addition, HashKey Global's ongoing "zero fee for contracts" promotional campaign allows users to trade futures with zero fees, providing more opportunities to participate on the platform.

ChainCatcher news, the Web3 industry research and analysis platform Web3Caff Research recently released an in-depth report on the Based Rollup track. Web3Caff Research researcher Wildon pointed out in the report that with the development of blockchain technology and the surge in market demand, Ethereum is gradually unable to handle the massive transaction volume.As a result, the concept of Rollup emerged, separating transaction execution from the mainnet and moving it off-chain for computation, thereby alleviating the computational burden on the mainnet. This is currently the main solution to Ethereum's scalability issues. In the thriving Rollup ecosystem, Optimistic Rollup and ZK Rollup are the two main factions.However, whether it is Optimistic Rollup or ZK Rollup, although they effectively improve transaction processing speed, they also have limitations in terms of security, MEV, decentralization, latency, and computational costs. In light of this, Ethereum researcher Justin Drake proposed the concept of Based Rollup in May 2023, where the mainnet takes on the role of the Rollup sequencer, allowing Rollup to inherit more characteristics of the mainnet in an attempt to break through the dilemmas it faces. The report further points out that while Based Rollup has advantages such as decentralization, enhanced security, and simplified architecture, it also carries inherent issues.

ChainCatcher message, Coinbase International announced on platform X that Coinbase International and Coinbase Advanced will add support for Turbo perpetual contracts, with the URBO-PERP market expected to open at or after 9:30 AM UTC on October 24, 2024.

ChainCatcher news, Orderly Network announced on social media that it will integrate with Solana and deploy a treasury, becoming the first full-chain order book platform to support both EVM and non-EVM, allowing users from different public chains to trade perpetual contracts through Orderly Network's unified cross-chain shared order book.Orderly Network recently surpassed a total trading volume of $83 billion. It currently covers multiple mainstream blockchains, including Arbitrum, Base, Mantle, Ethereum mainnet, Optimism, and Polygon, providing over 50 trading markets for traders and decentralized exchanges, achieving liquidity and trading infrastructure across the entire chain.Following the successful deployment of the treasury on Solana, Solana users can now deposit assets on the Orderly platform and trade with counterparties on other supported chains without cross-chain transactions. The integration of the testnet has already been completed, and the mainnet integration is expected in November.

ChainCatcher news, Lido announced that the snapshot vote for the launch of its Community Staking Module (CSM) mainnet has successfully passed. The contract has now been deployed on Ethereum and will initiate on-chain voting next week after final security checks. If approved, the Community Staking Module (CSM) will be launched soon. Lido encourages community stakeholders to check their "early adopter" eligibility before the mainnet launch next week, as eligible operators can access the CSM mainnet in advance.

ChainCatcher news, dYdX has launched a prediction contract market regarding the U.S. elections on the platform.Users can bet "yes" or "no" in the TRUMPWIN-USD market, with the final settlement price for each option being either $0 or $1, and the buy-in price at the time of betting being the cost price. It is worth mentioning that users can go long or short with up to 20x leverage (correct predictions can yield 20 times the profit, but conversely, a 5% adverse movement could lead to liquidation), which offers greater capital flexibility compared to traditional prediction markets.

ChainCatcher news, according to Coinglass data, the total open positions of Bitcoin contracts across the network have exceeded 39 billion USD, currently reported at 39.409 billion USD, setting a new historical high.In the past 24 hours, the increase in total open positions across the network has reached 4.64%.

ChainCatcher news, according to official sources, the ZK-driven interoperability protocol Union has announced its integration with the modular General Abstract Layer XION, bringing chain abstraction into the Union ecosystem. This will provide the growing list of connected chains in the Union network with XION's user-friendly features, reducing friction in the web3 user experience.With the integration of XION, all users on Union's connected chains will gain powerful new capabilities along with Union's fast, low-cost, and secure ZK-supported transaction and messaging functionalities.

ChainCatcher message, WOO X will launch TRUMP(MAGA) and MOTHER(Mother Iggy) contract trading today at 16:00, and will launch APU(Apu Apustaja) and Wojak contract trading tomorrow afternoon.

ChainCatcher news, according to the official announcement, Binance Futures will update the leverage and margin tiers for the REEFUSDT U-margined perpetual contract on October 16, 2024, at 14:30 (UTC+8). Existing positions before the update will be affected, and users are advised to refer to the updated leverage and margin tiers to avoid forced liquidation. The specific adjustments are shown in the image.In addition, Binance Futures will adjust the funding rate settlement frequency for the REEFUSDT U-margined perpetual contract on October 16, 2024, at 14:30 (UTC+8). The funding rate settlement frequency will be changed from once every eight hours to once every four hours.

ChainCatcher news, according to the official announcement, OKX plans to adjust the minimum order quantity for the TURBO/USDT perpetual contract on October 22, 2024, from 2:00 PM to 4:00 PM (UTC+8), and the order quantity precision will be adjusted accordingly.

ChainCatcher news, according to official news, OKX announced the launch of coin-margined perpetual contracts for SUI and TON.