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CertiK: Edel Finance's lending market was attacked, resulting in losses of approximately $204,000.

According to Mars Finance, CertiK monitoring indicates that Edel Finance's lending market has been attacked. Attackers manipulated the collateral price of wGOOGLx (which depends on the balance of its GOOGLx account) to conduct illegal lending, resulting in a loss of approximately $204,000 for the platform. The affected transactions have been flagged, and security agencies are alerting users to the risks.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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07-06 21:04Important

CertiK Hack3D Report: Web3 Losses Exceed $1.3 Billion in the First Half of 2026, Attacks Are Accelerating Towards High-Value Targets

Odaily Odaily reports that Web3 security company CertiK released its "Hack3D: First Half of 2026 Report." The report shows that 344 security incidents occurred in the Web3 ecosystem in the first half of 2026, resulting in a total loss of approximately $1.32 billion. While this figure represents a 46.8% decrease compared to the same period last year, if the impact of the $1.45 billion security incident involving Bybit is excluded, the actual loss in the first half of this year increased by approximately 28% year-on-year, indicating that the overall security environment of the industry has not seen substantial improvement. The report points out that wallet theft has become the type of attack causing the biggest financial loss, resulting in approximately $450 million in losses in the first half of the year. Meanwhile, although the number of phishing attacks decreased by more than 50% year-on-year, the amount of losses only decreased by about 10.8%, reflecting that attackers are shifting their focus to high-net-worth individuals and institutions, launching more targeted and high-value attacks. Furthermore, code vulnerabilities remain the most frequent type of attack, with 204 related incidents. CertiK believes that attackers are increasingly targeting long-running smart contracts that lack re-auditing. The report also shows that large-scale attacks continue to dominate industry losses, with the Kelp DAO and Drift Protocol incidents causing approximately $577 million in losses, accounting for 44% of total losses in the first half of the year. In terms of the number of incidents, the impact of individual attacks, and changes in attack patterns, the Web3 industry is facing increasingly complex and continuously escalating security challenges.

07-08 09:49Important

South Korea's Ministry of Finance: Will closely monitor stock market volatility risks

According to Mars Finance, citing Gate data, South Korea's Ministry of Finance stated on Wednesday that Finance Minister Koo Yoon-cheol, following a meeting with the central bank governor and heads of financial regulatory agencies, agreed to closely monitor risk factors that could exacerbate stock market volatility. The Ministry of Finance stated that increased stock market volatility stemmed from profit-taking by foreign investors and institutions, portfolio rebalancing, and changes in expectations for the global AI sector. In early trading today, the South Korean KOSPI index fell as much as 4%, hitting its lowest level since May 20th, before rebounding, driven by a rally in chip stocks. The Ministry of Finance pointed out that increased concentration in the semiconductor industry has become a factor exacerbating financial market volatility.

07-06 16:33

Market divergence in views on the yen's outlook has intensified, with a former Japanese finance official stating that a reasonable exchange rate should be around 130.

According to BlockBeats, on July 6th, as the USD/JPY exchange rate returned to around 162, market opinions on the yen's future trajectory became clearly divided. Tatsuo Yamasaki, former Vice Minister of Finance for International Affairs at the Ministry of Finance of Japan, stated that the current yen exchange rate has significantly deviated from a reasonable level, and a level around 130 yen to the dollar would be more in line with fundamentals. He added that he "would not be surprised" if the yen rose to that level. Meanwhile, some market participants held the opposite view. Jesper Koll, Executive Director of Monex Group, and Calvin Yeoh, an analyst at Blue Edge Advisors, believe that if the Bank of Japan continues to lag behind in the normalization of monetary policy, the USD/JPY exchange rate could even rise to 200 or higher. Yamasaki also warned that the Japanese government's recent lack of intervention in the foreign exchange market should not be interpreted as a lack of willingness to act. He stated that the Japanese Ministry of Finance has issued multiple warnings and demonstrated its willingness to intervene, and yen short positions still face the risk of being forced to close out. Market participants expect the Japanese government may still intervene in the exchange rate in mid-July.

07-04 17:32

Data shows that 20% of active BTC investors are currently experiencing paper losses, indicating the market has entered a period of mild devaluation.

ChainCatcher reports that crypto analyst Darkfost released an on-chain indicator interpretation on the X platform, using the core Bitcoin Time Economics metrics TMM (Real Market Mean) and AVIV ratio to analyze the current profit and loss structure of Bitcoin holdings. The TMM metric excludes dormant Bitcoins that have not been moved for a long time or are permanently lost, only calculating the average holding cost of actively held Bitcoin, currently valued at approximately $76,700. This level has become a significant price resistance, with many investors exiting at breakeven when the price touched this point in May. The accompanying AVIV (Active Value/Investor Value) ratio is currently hovering around 0.8, in a valuation discount range, representing an average unrealized loss of 20% for all active BTC investors. Historically, this indicator has dipped to 0.5 to 0.6 at the bottom of bear markets, corresponding to investor losses of 40%-50%. The current losses have not yet reached the level of extreme bear markets. Analysts also pointed out that even with a large influx of institutional funds and Bitcoin ETFs injecting massive liquidity into the market during this cycle, Bitcoin still follows its own cyclical patterns. In the short term, there is no need to wait for indicators to fall to historically low levels before a rebound occurs. However, it is necessary to face the current pressure environment of widespread losses among existing investors.

07-07 16:30

Optical Technology: Net profit is expected to increase by 170%-190% year-on-year in the first half of the year, driven by continued growth in market demand for high-speed optical modules and optical devices.

According to Mars Finance, Guangku Technology (300620.SZ) announced that it expects its net profit attributable to shareholders of the listed company for the first half of 2026 to be between RMB 140 million and RMB 150 million, representing a year-on-year increase of 170%-190%. During the reporting period, benefiting from accelerated global investment in AI computing infrastructure and data center construction, the market demand for high-speed optical modules and optical devices continued to grow. At the same time, the company adhered to technological innovation, continuously launched new products, and actively expanded its domestic and international customer base, resulting in steady revenue growth. The significant year-on-year increase in net profit attributable to shareholders of the listed company was mainly due to the effective boost to profits from increased revenue. Furthermore, with the expansion of production and sales scale, economies of scale became apparent, and the company continued to promote cost reduction and efficiency improvement, comprehensively enhancing its overall profitability. Note: The company's Q2 net profit is expected to be between RMB 95 million and RMB 106 million, and Q1 net profit was RMB 45 million. Based on this, Q2 net profit is expected to increase by 113%-136% quarter-on-quarter. (Cailian Press)

07-07 06:32Important

BonkDAO was attacked by a malicious governance proposal, resulting in the theft of approximately $20 million in BONK.

According to Odaily Odaily, Bonk Inu's official X account stated that BonkDAO suffered a malicious governance proposal attack, resulting in the theft of approximately $20 million worth of BONK tokens from its DAO vault. Attackers allegedly transferred BonkDAO vault assets through a questionable governance proposal. The stolen BONK subsequently began flowing into exchanges, putting downward pressure on the BONK price. Data from The Block shows that the BONK price has fallen by more than 9%. South Korean exchange Upbit subsequently issued a statement saying it had temporarily suspended BONK deposits and withdrawals in response to the incident and to guard against potential risks. (The Block)