U.S. 4-week Treasury auction bids-to-cover ratio as of July 8

Run, train, earn: which GameFi projects to watch in 2024 According to the Messari report, in 2023, about 3.4 billion gamers brought the gaming industry $184 billion. The latter undergoes a paradigm shift once every 10 years, so the rise of the GameFi financial sector can be compared to

WHALE WATCH: A WHALE DEPOSITED 4,123 $ETH WORTH $10.1M INTO A CERTAIN EXCHANGE 9 HOURS AGO. BETWEEN AUG 13, 2017, AND JULY 7, 2022, THE WHALE WITHDREW 21,766 $ETH ($12.54M) FROM SEVERAL EXCHANGES AT AN AVERAGE PRICE OF $576. THE WHALE STILL HOLDS 6,677.64 $ETH, WORTH $17.13M.

Now THIS is a big beautiful Bill

In June, the Web3 industry faces multiple challenges, including scrutiny by US regulators on Ethereum ETF staking, hearings on stablecoins, and the release of macroeconomic data. These will profoundly affect market sentiment and token prices, marking a critical period for the industry.

Orbit Chain project suffers a loss of 80 million USD, analysis of the largest security incident at the beginning of the New Year. On January 1, 2024, a cross-chain bridge platform, Orbit Chain, suffered a significant security attack, resulting in losses of approximately $80 million. Data from the security monitoring platform indicates that the attackers began small-scale probing attacks a day earlier and used the stolen small amount of ETH to cover transaction fees for the subsequent large-scale attack. Currently, the project team has taken emergency measures to suspend the operation of the cross-chain bridge contract and is attempting to establish contact with the attackers. Security experts have conducted an in-depth analysis of this incident, and here are the main findings: Analysis of Attack Methods Attackers primarily transfer assets by directly invoking the withdraw function in the Bridge contract of Orbit Chain. This function uses a signature verification mechanism to ensure the legitimacy of the withdrawal operation.