ChainCatcher message, Musk stated while retweeting a discussion tweet about the U.S. presidential election on the X platform, "In the last election, not a single friend of mine who supported an independent candidate or was a swing voter voted for Trump. This time, I don't know anyone who isn't voting for him. More and more people are confiding in me that they will vote for Trump, but they are afraid to say it publicly because it might affect their friends, jobs, and clients. The oppressive big government machine representing Harris is about to face defeat."

ChainCatcher news, Ethereum co-founder Vitalik posted on the X platform that the amount of ETH he holds has increased. Now Ethereum does not lose 5 million ETH annually on proof of work, and the network fees are very low, with transactions completed in 30 seconds instead of 1-30 minutes (achieved through EIP-1550).Since 2016, Ethereum has never gone down due to DoS attacks or consensus failures. Various security efforts (internal development and grants) have prevented many fund losses, and the related libraries also provide various codes for users, including wallets, DeFi applications, etc.

ChainCatcher news, according to The Block, the decentralized perpetual exchange Hyperliquid has released a report on the Arbitrum bridging failure, explaining the reasons for its cross-chain bridge's outage on Monday. According to an anonymous developer, iliensinc, there was an "extremely rare edge case" where multiple RPCs (Remote Procedure Calls) received erroneous data.It is reported that the bridge between Hyperledger and Arbitrum, the second largest Layer 2 network on Ethereum, was down for about four hours after the bridge validators voted for an emergency lock. After reopening, a second lock occurred again for several minutes about an hour later.

ChainCatcher message, based on the Fractal Bitcoin asset management project Fractal-420, stated yesterday that the project failed to succeed due to some unverified reasons (external uncertainties). The team stated, "We may fail, but we will never run away." All minting fees will be refunded at the beginning of September.In addition, the team holds 20,000 Pizza tokens, of which 50% (10,000 tokens) will be allocated to supporters who participated in the minting.

ChainCatcher message, suspected technical failure at the New York Stock Exchange, multiple stocks have dropped over 99%.The New York Stock Exchange has released a technical issue report, stating that it is currently investigating a reported technical problem and will provide more information as soon as possible.

ChainCatcher news, according to official Degen news, has refunded 3.6 million DEGEN to users who lost funds on the Reservoir Relay bridge due to the Degen chain failure.Degen stated that it will continue to support all users affected by this incident.

ChainCatcher news, on May 14, the cryptocurrency exchange platform Coinbase stated that the issue has been completely resolved.

ChainCatcher news, Tether fiercely criticized Deutsche Bank's report for its lack of clarity and substantial evidence, relying on vague assertions rather than rigorous analysis. A Tether spokesperson stated that while the report attempts to predict the decline of stablecoins, it fails to provide specific data to support its claims. Comparing it to the algorithmic stablecoin Terra is misleading and unrelated to the discussion of reserve-backed tokens.It is reported that in a previous study of 334 pegged currencies, Deutsche Bank analysts found that 49% of stablecoins failed during their median lifespan of about eight to ten years. The analysts concluded that most anchored assets in the cryptocurrency space would experience significant "turmoil" triggered by speculative sentiment and ultimately suffer some form of decoupling event. Deutsche Bank analysts also pointed out that Tether's reserves lack transparency and described the company's solvency situation as "questionable."

ChainCatcher news, according to CoinDesk, 0x Research founder Markus Thielen stated in an interview that investors should not overinterpret Bitcoin's recent breakthrough failure, as this situation may represent the tension before the release of the U.S. Consumer Price Index (CPI).He added that the Nasdaq index, dominated by technology stocks, rose this Tuesday, providing a positive signal for Bitcoin and other risk assets, which suggests that Bitcoin's decline may be temporary.Note: The U.S. Bureau of Labor Statistics will release the CPI data for March 2024 today at 20:30.

ChainCatcher news, VanEck's head of digital asset research Matthew Sigel stated that the Solana outage was due to a failure in the BPF (Berkeley Packet Filter) loader, which is the mechanism for deploying, upgrading, and executing programs on Solana. This may be related to a previous SMID proposal that introduced an interceptor to prevent the use of metadata in BPF, as this metadata is no longer needed. This stems from the 0093 upgrade, which contained some kind of bug. This bug has already been noted on the testnet, and a fix has been created, but it has not yet been implemented due to testing reasons. There is speculation that someone manually triggered this error. As a result, Solana has gone down.

ChainCatcher news, according to DL News, Michael Bentley, co-founder of the DeFi lending protocol Euler Finance, revealed that his personal crypto wallet malfunctioned last November, resulting in the loss of the private keys needed to recover the funds.It is reported that Bentley holds approximately 120,000 EUL tokens, accounting for 4.4% of the total token supply, which means he has lost $3.8 million at today's prices.Bentley stated, "I have now lost a significant portion of the crypto assets I held in my cold wallet, which have been accumulated over more than seven years, including most of the EUL tokens allocated to me for participating in Euler governance."

ChainCatcher message, regarding the Bitcoin transaction failure issue encountered by X platform user @nic__carter, OKX CEO Star recommended and introduced the OKX Web3 wallet to the user. According to Star, through extensive technical optimization of UTXO Coins, the current BTC transaction failure rate of the OKX Web3 wallet is below 1%, and any feedback is welcome.It is reported that the OKX Web3 wallet is a leading one-stop Web3 entry point, now supporting over 75 public chains, with a unified experience across App, plugin, and web, covering five major areas: wallet, DEX, DeFi, NFT marketplace, and DApp exploration. It also supports the Ordinals marketplace, MPC and AA smart contract wallets, gas exchange, and hardware wallet connections, providing users with a convenient and secure experience.

ChainCatcher news, according to a report by Reuters, FTX founder Sam Bankman-Fried (SBF) testified on Monday that the collapse of the cryptocurrency exchange was due to the failure of Caroline Ellison, head of its trading firm Alameda Research, to adequately hedge against the market downturn. He stated that he had asked Caroline Ellison to trade to offset the risks from the decline in cryptocurrency prices that began in the mid-term.In response to questions from the defense attorney, SBF said, "Ellison agreed that Alameda should hedge, and she also said maybe it shouldn't make some risky investments."SBF has pleaded not guilty to two counts of fraud and five counts of conspiracy. Prosecutors claim he looted billions of dollars from FTX customers to support Alameda, engage in speculative investments, and donate to political campaigns in the United States. If convicted, he could face decades in prison.

ChainCatcher news, according to Cointelegraph, FTX founder SBF has partially blamed the failure of FTX on former CTO Gary Wang and former engineering director Nishad Singh, suggesting during the trial that former chief technology officer Gary Wang bore some responsibility for creating a "negative allowed" button for Alameda Research. This feature allowed Alameda to trade more funds than it had available.SBF stated, "At the time, I wasn't entirely sure what was happening. I thought the funds were either held in a bank account or sent to FTX in the form of stablecoins. If Alameda had kept it, I believed it would reflect as a negative on FTX."