ChainCatcher news, according to Scam Sniffer monitoring, about 3 hours ago, a trader lost $610,000 worth of rETH and stkGHO due to signing multiple "approve" phishing transactions.

ChainCatcher news, Bitwise Chief Information Officer Matt Hougan believes that the market is "not optimistic enough" about Bitcoin, and after the Bitcoin 2024 conference, investors need to rethink the potential upside of this mainstream cryptocurrency.Hougan thinks that political support may be due to the increasing popularity of cryptocurrencies among Americans. The industry's strong lobbying influence in Washington has prompted many politicians to publicly support Bitcoin, even if their support is more about attracting its growing visibility rather than a genuine belief in its value.This shift in perspective and the growing popularity of Bitcoin have led Hougan to "rethink what is possible." Hougan points out that ideas once considered far-fetched are becoming increasingly plausible: G20 countries adding Bitcoin to their balance sheets to get ahead of the U.S., comprehensive crypto legislation passing swiftly due to bipartisan support, and Wall Street's large-scale acceptance of crypto.

ChainCatcher news, according to official sources, Paradigm has announced the release of Reth 1.0, the first production-ready version of an Ethereum execution client written in Rust. Reth enhances the stability of Ethereum, improving synchronization time, storage, and RPC throughput. Reth can fully synchronize an archive node from genesis in 50 hours, while other clients may take several days.Paradigm states that Reth can effectively utilize resources in various operational settings. Its implementation draws inspiration from clients such as Geth, Erigon, and Akula. The upcoming Reth 1.1 version will include support for the OP Stack. Paradigm is also working to provide support for the Pectra hard fork.

ChainCatcher message, the Worldcoin Foundation stated on social media that World Chain will prioritize improving scalability to further expand Worldcoin and L2 solutions, and explore innovative execution clients such as Reth.Specifically, the focus will be on Op-reth, GasLimit, and development tools for browsers and nodes.

ChainCatcher news, Paradigm's Chief Technology Officer Georgios Konstantopoulos stated on social media that Paradigm has open-sourced the testnet Rollup Reth Alphanet compatible with OP Stack, which maximizes Reth's performance and supports cutting-edge Ethereum research experiments, including three EIP proposals not yet provided by the other three testnets: EIP-3074, EIP-71212, EIP-2537.

ChainCatcher message, Maker tweeted that the RETH-A treasury is being removed from Maker, and the maximum debt ceiling for RETH-A has been reduced to 0. An upcoming executive vote will deploy parameter changes to complete the process of RETH-A's exit from the Maker protocol. Once all parameters are changed and deployed to the Maker protocol, all RETH-A positions with a collateralization ratio below 10000% will be liquidated.Spark continues to offer rETH as a collateral asset, with a free supply cap of approximately 40,000 rETH. Maker strongly advises RETH-A users to fully repay their DAI debt and close all RETH-A vaults on the Maker protocol before the delisting is completed.

ChainCatcher news, Compound's official announcement states that the community has initiated two new proposals.Proposal 191: A four-month growth plan will be launched with a budget of 7,770 COMP, of which 2,760 COMP will be allocated to the BD fund under the plan to support the business development operations of the growth plan; an additional 5,010 COMP will be allocated to the growth fund. The voting will end on November 13.Proposal 192: Add rETH as collateral for cWETHv3 on the Ethereum mainnet, with voting starting in two days.

ChainCatcher message, the LSD stablecoin protocol Prisma Finance stated on social media that the new debt ceiling has been activated, increasing the debt ceiling for wstETH, rETH, and sfrxETH from 6 million mkUSD to 9 million mkUSD, and raising the debt ceiling for cbETH from 2 million mkUSD to 3 million mkUSD.Currently, wstETH has reached its debt ceiling.

ChainCatcher news, according to Scam Sniffer data, a whale address starting with 0x13e lost 4850 rETH and 9579 sETH due to a phishing attack 8 hours ago, worth approximately 24.23 million USD.

ChainCatcher news, according to Dune data, the LSD protocol Rocket Pool set a record for the largest single-day redemption on July 24, redeeming a total of 6,720 rETH.On-chain information shows that a certain whale redeemed approximately 6,473 rETH (worth about 12.3 million USD) on that day. The whale then transferred the funds to Binance.

ChainCatcher news, according to The Block, the DeFi insurance platform Nexus Mutual DAO exchanged 14,390 ETH (27.3 million USD) from its "security insurance module" for Rocket Pool rETH liquid staking tokens through the CoW Swap DEX aggregator, as part of Nexus Mutual's broader diversification strategy.Previously, an investment committee within Nexus Mutual DAO suggested reallocating funds from its insurance module (which provides insurance against security events such as hacks) to liquid staking Ethereum.

ChainCatcher news, Paradigm has released Ethereum client Reth v0.1.0 alpha.2, which fixes some out-of-memory issues, improves the performance of the engine API, and addresses edge cases in RPC.ChainCatcher previously reported that Reth is a new Ethereum execution node written in Rust, which is modular, contributor-friendly, and fast. It is built by a core team of 8 funded by Paradigm, along with over 90 other contributors. (source link)

ChainCatcher news, the Aave community is voting on a proposal to convert Ethereum into wstETH and rETH for treasury fund management. The proposal suggests converting 1,600 Ethereum into wstETH and rETH to gain additional yield. The proposal states that the deposit yield for awETH in Aave v2 is 1.69%, while wstETH is 3.8% and rETH is 3.13%. The proposal has currently received over 252,000 votes in support, and the voting will end on July 7, 2023, at 16:22. (source link)

ChainCatcher news, Paradigm has released the Ethereum client Reth v0.1.0 alpha version. Reth is a new Ethereum execution node written in Rust, which is modular, contributor-friendly, and fast. It is built by a core team of 8 people funded by Paradigm, along with over 90 other contributors.The alpha version of Reth includes a new Ethereum execution layer and a new SDK for building EVM-centric infrastructure. It currently supports Ethereum-based chains such as the Ethereum mainnet, Goerli, Sepolia, and the Ethereum Foundation's testnets. (source link)

ChainCatcher news, the nosisDAO community has initiated a new proposal, suggesting that Gnosis DAO commits to gradually transferring at least 50% of its stETH holdings to rETH over time.This GIP aims to guide the Gnosis treasury manager Karpatkey to take action to reduce reliance on stETH and introduce additional rETH into its DeFi strategy to lower the DAO's risk and support decentralized Ethereum staking. The voting deadline for this proposal is May 30 at 01:48. (Source link)

ChainCatcher news, according to The Wall Street Journal, the Federal Reserve is rethinking a loophole that masked losses on Silicon Valley Bank's securities; there is a loophole that allows some mid-sized bankers to effectively conceal losses on their securities holdings, and the Federal Reserve may close this loophole. (source link)