No, Ledger Wasn’t Hacked: Vulnerable Ethereum App Was Patched Before Exploit, Company Says
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OneKey reproduces transaction replacement attack on outdated Ledger Ethereum app
OneKey said it reproduced an exploit against an older version of the Ledger app in its lab environment, which Ledger fixed in its Ethereum app 1.22.2, with no user funds lost.
GnosisDAO approves Gnosis Chain for Ethereum Economic Zone
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.
The Ethereum Foundation donated 2,469 stETH to Argot, equivalent to approximately $4.34 million.
According to BlockBeats, on July 5th, as monitored by on-chain analyst Ember, the Ethereum Foundation donated 2469 stETH, worth approximately $4.34 million, to the non-profit Ethereum development organization Argot one hour ago. Last July, the Ethereum Foundation provided Argot with 7000 ETH in operating funds over three years. Argot subsequently sold 4826.6 ETH at an average price of $3194, obtaining 15.417 million USDC. Today, Argot received its fourth year of funding from the Ethereum Foundation, totaling 2469 stETH. Next July, Argot will receive its final fifth-year funding, also consisting of 2469 stETH. On-chain transaction data shows that the funds have been transferred to Argot's designated address.
Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.
According to Odaily Lens monitoring, Justin Sun Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Justin Sun staked another 13,000 ETH, worth approximately $23.08 million, bringing his total staked ETH on Lido to 247,436 stETH, currently valued at approximately $430.2 million. Data shows that since February 2023, this staking position has generated a total of 11,307 stETH staking profits, worth approximately $26.82 million. Based on the current profit level, Justin Sun position has an annualized return of approximately $9.5 million.
Bloomberg: Quantum computing puts approximately 34% of the existing Bitcoin supply at risk of being hacked.
PANews reported on July 7th, citing Bloomberg, that quantum computing is considered a new threat that could potentially crack the cryptographic algorithms of crypto assets such as Bitcoin. Quantum computers are expected to far surpass traditional computers in decrypting complex mathematical problems, and theoretically, could deduce private keys from public keys, thereby stealing on-chain assets. Wallets with early address formats and those that reuse addresses are at the highest risk. Galaxy Digital estimates that approximately 34% of circulating Bitcoin, worth about $470 billion, may become targets for future quantum attacks. Coinbase has established an advisory committee, and Strategy, where Michael Saylor works, has also launched a related risk project.
Harmony proposes shutting down layer 1, migrating ONE to Ethereum
Harmony proposed sunsetting its layer-1 blockchain and migrating ONE to Ethereum, weeks after an exploit led to plans to discard 109,000 transactions.