Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses. Address poisoning involves sending small transactions from wallet addresses that closely resemble a legitimate one, tricking users into copying the wrong address when making future transactions. Common techniques include phishing, fake QR codes, Sybil attacks, smart contract manipulation, and clipboard malware. Address poisoning has led to over $83 million in confirmed losses. Victims include individual users and DeFi platforms. Read more
sBUIDL can be used as collateral, traded or deployed in DeFi protocols while maintaining exposure to yield from underlying Treasurys. SBUIDL is BlackRock’s first tokenized fund with native decentralized finance (DeFi) capabilities. SBUIDL is the DeFi-compatible version of BlackRock’s $1.7-billion tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). BlackRock’s sBUIDL fund is more than just a digitized version of a treasury; it’s a glimpse into a future where traditional finance flows through decentralized pipes. Read more
Romania's Finance Ministry raised RON778.7 million from banks on Thursday (May 29), selling benchmark bonds, at an annual average yield of 7.5%.
A crypto trader profited over $27 million on decentralized exchange Hyperliquid after placing high-leverage, all-long bets during a major market rally. A Hyperliquid trader has pulled off an explosive and high-risk trading run, turning a $3 million deposit into $27.5 million in profit in just 52 days. Between April 7 and April 9, the trader deposited nearly $3 million on the platform and placed aggressive leveraged bets, going fully long on various crypto assets. Hyperliquid allows users to trade perpetual futures onchain without custodians or intermediaries. The trader went all-in on long positions, betting that crypto prices would increase. The trader used different leverage levels for various assets, meaning that for each dollar they put in, they were controlling more value. Read more
After a slow and chaotic start to the new US-backed aid system in Gaza, thousands of Palestinians have been arriving at distribution points, seeking desperately needed food despite scenes of disorder and fears of violence. The two hubs run by the Gaza Humanitarian Foundation (GHF), a private group sponsored by the United States and endorsed by Israel, have been running since Tuesday, but the launch was marred by tumultuous scenes when thousands rushed the fences and forced private contractors providing security to retreat. An Israeli military official told Reuters that the GHF was now operating four aid distribution sites, three in the Rafah area in the south and one in the Netzarim area in central Gaza. GHF did not immediately respond to a Reuters request for comment on whether it was now distributing aid in Netzarim. Displaced Palestinians carrying relief supplies return from an aid distribution centre in the central Gaza Strip on May 29. — AFP The new system has been heavily criticised by the United Nation...