π΄ββ οΈπΏ #RVV Astra Nova, recently added to Binance Alpha, reported that one of its market makers was hacked and the attacker sold RVV for >$2 million.
Meanwhile, the project's Discord has been blocked.
LoC: After RVV appeared on Binance Alpha, 18 wallets sold ~890 million RVV worth ~$10.66 million.
Crypto Analyst Ember: A total of 860 million RVV (8.6% of the total) was withdrawn from the project's minting contract and exchanged for USDT, which was later transferred to CEX. No hacker would change stolen assets into USDT and hold them, because USDT can be frozen.
Meanwhile, the project's Discord has been blocked.
LoC: After RVV appeared on Binance Alpha, 18 wallets sold ~890 million RVV worth ~$10.66 million.
Crypto Analyst Ember: A total of 860 million RVV (8.6% of the total) was withdrawn from the project's minting contract and exchanged for USDT, which was later transferred to CEX. No hacker would change stolen assets into USDT and hold them, because USDT can be frozen.
πΏ #RVV Astra Nova: In light of recent events Astra Nova will buy back the same number of affected tokens directly from the market.
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ββ Ant Group and JD com have suspended their plans to issue stablecoins in Hong Kong after Chinese regulators, including the NBK and CAC, demanded a halt to the projects. ft
π #NFT trading volume this week increased by over 5% to $158M and the number of NFT buyers and sellers increased by ~125%.
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π #HYPE Sentora: Hyperliquidβs strong growth continues with permissionless perpetuals deployments, a new feature that democratizes market creation that could drive significantly higher perp volumes.
π£ NYDIG Global Head of Research: #USDC, #USDT and #USDe are not true dollar pegged stablecoins and their value fluctuates based on market supply and demand. They are essentially just market trading instruments.
ππ€ #BTC Analysts: In recent years, Bitcoin has been closely correlated with returns, while gold has not. Bitcoin is a more profitable hedging instrument.
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