ChainCatcher news, Avalanche has surpassed 500 million transactions, with its subnets playing a key role in achieving this milestone. The network is exploring verified smart contracts as a solution to overcome subnet-related risks, thereby enhancing user confidence and bringing more utility and transactions.While Avalanche's transaction volume has been rising over the past four months, it has not yet returned to the highs of 2021 and 2022. (source link)

ChainCatcher message, in response to the previous Dilation Effect pointing out the issues of "Binance having no regular cleanup of contract authorizations, unlimited authorization limits for a large number of tokens, and inconsistent authorization rules for tokens." Binance officially responded, stating that the team is optimizing the staking process to reduce any potential smart contract risks.Binance stated, "The security team has set different authorization limits for different tokens, and will revoke staking permissions after each contract is completed. It should be clarified that in different staking projects, different restrictions will be applied to different tokens, so the authorization rules for a specific token/project will not be completely consistent." (source link)

ChainCatcher news, according to Coin data, the total liquidation across the network in the past hour was 691 million dollars. As of now, the total liquidation across the network in the past 24 hours has been 881 million dollars. Among them, BTC liquidation was 190 million dollars, and ETH liquidation was 551 million dollars.

ChainCatcher news, according to a Twitter user, the NFT trading market Rarible may have authorization contract risks. Users who authorized the KyberNetwork1155Wrapper contract between the end of 2019 and 2020 should revoke their authorization as soon as possible to avoid potential risk events. (source link)