NEAR ecosystem application SweatEconomy suffered a sustained attack early this morning
According to Blockaid monitoring, the NEAR ecosystem application SweatEconomy suffered a sustained attack last night, with multiple Sweat Foundation-related accounts being emptied in about 30 seconds, totaling approximately 13.71 billion SWEAT transferred out, accounting for about 65% of the token supply. The related funds were transferred through Ref Finance and Wormhole/Portal Bridge.
Subsequently, the official SWEAT response stated that all users' external account balances have been fully restored, and operations have returned to normal.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

XRP Ledger Sees Threefold Increase in Volume per Account Year-on-Year, According to Evernorth Survey; RLUSD Balances Surge Nearly Sevenfold

XRP Ledger order-book volume jumps 79% as traders fall

Important News from Last Night and This Morning (August 10 - August 11)

Circle vs OUSD: The Battle Between Open Standard (OUSD) and Floating Reserves of Stablecoins

Polygon co-founder Sandeep: Writing after the chain bridge chain explosion

Analysis: The money laundering path of the stolen funds from Drift involves Backpack accounts, and KYC information may be a key clue

RootData: W will unlock tokens worth approximately 5.7 million dollars in one week

Data: 90 WBTC transferred from Wormhole to Wintermute, worth approximately 6.0562 million USD

Countdown to Arc Mainnet: Where Will the First Batch of Traffic Flow?

London Stock Exchange Partners with Payward to Tokenize 100 UK Stocks

No Matter Whether Warsh Raises Rates or Not, He is Definitely One of Us

Despite Cryptocurrency Gains, Shareholders Remain Unsmiling: Kaiko Research Diagnoses Structural Limitations of DAT

Cornell University Survey: 90% Awareness of Bitcoin but Only 13% Understanding; Japan Reports Highest 'Difficult to Understand' Responses Among 25 Countries

What is short selling? The trading minute

Wall Street Morning Brief: U.S. Treasury Sell-off Pauses, U.S. Stocks Rise, Software Stocks and Japanese Bond Auction Hide Concerns

Rain contract exploit drains $1.1M from card users

Bitcoin Could Reach $250,000 to $840,000 Within Five Years, River's Fund Flow Model Estimates

MUFG and Progmat Begin Proof-of-Concept for Tokenized Investment Trusts in Real Environment

What the Russell 2000 Indicates to Cryptocurrency Traders

How Uniswap's Fee Switch Redefined Revenue

Current Status Ahead of Litecoin's Next Halving

Jobs, Warsh, and the FedWatch Reversal: What Comes Next for Bitcoin?
Kevin Warsh’s hawkish Jackson Hole speech has flipped the market’s September Fed expectations from “hold” toward a possible rate hike. With the August jobs report, CPI, and the FOMC decision arriving in quick succession, Bitcoin is entering a two-week macro stress test.

No Need to Switch Platforms or Move Funds: BiFu Allows Crypto Traders to Trade Gold and Forex Directly

What Kind of Blockchain Does Finance Really Need When Throughput Is No Longer a Bottleneck?

$317 Billion Stablecoins Become a New Demand Layer for Short-Term Treasuries

From a Loss of 1.1 Million to a Profit of 10 Million in 10 Months: A Review of Hyperliquid Arbitrage by Two Individuals

Debt Expansion and Currency Shuffle: The Biggest Beta Opportunity in the Crypto Market According to Hayes

The Essence of Meme Harvesting in US Stocks Seen Through FAMI and JINQIAN

Sui Chain DeFi Protocol Full Sail Announces Liquidation: $91,000 Lost Due to Attack on Oracle Switchboard











