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Across Protocol relayer loses under $4M in Solana attack

Across Protocols Risk Labs-operated relayer lost less than $4 million after an attacker fabricated $41.7 million in Solana deposit events, according to a post-incident report released by the cross-chain protocol.　　Across attacker forged 1,627 Solana deposits　　The attack occurred between 05:07 and 06:14 UTC on July 17, according to the Across Protocol post-mortem. The attacker used 1,627 single-use Solana wallets to create the same number of fake deposit events.　　Those deposits carried a combined face value of approximately $41.7 million and requested payments across 18 destination chains. Across reported that the funds were directed toward one recipient address on an Ethereum Virtual Machine-compatible network.　　Risk Labs relayer filled 581 requests before Across stopped Solana operations. Those payments represented about 35.7% of the fraudulent requests but only 10.8% of their stated value.　　The relayer advanced approximately $4.5 million of its own capital. Across invalidated the remaining 1,046 requests, preventing about $37 million in additional payouts.　　Approximately $500,000 belonging to the attacker remained trapped within the protocol. Across deducted that amount from the gross payout to place its net loss below $4 million.　　Why Across users avoided the relayer loss　　Across attributed the breach to a flaw in Risk Labs off-chain event-reading software rather than a vulnerability in its smart

07-25انڈسٹری

Mega Millions Jackpot Hits $800 Million—Heres What The Winner Could Take Home

Topline　　The Mega Millions jackpot reached $800 million after no jackpot or second prize winners were announced following Fridays drawing, though winning the biggest lottery prize of the year will come with a smaller payout after taxes and deductions.　　The next Mega Millions drawing is scheduled for Tuesday night.　　Photo illustration by Jakub Porzycki/NurPhoto via Getty Images　　Key Facts　　The winning numbers drawn Friday night were 2, 5, 42, 44, 60 and gold Mega Ball 1.　　If a participant wins the next draw Tuesday night, they will choose between 30 annual installments of an estimated payout of $800 million or a lump sum of $344.2 million.　　A winner who chooses the cash payout will see their winnings drop to about $261.6 million after immediate federal taxes of 23% are applied.　　The winner will also eventually be subject to a federal marginal rate as high as 37% since they will be pushed into a higher tax bracket, dropping their winnings down to about $216.9 million.　　Installment payments of $26.6 million would fall to about $16.8 million after the 23% and 37% federal taxes are applied.　　The winner could experience further taxes depending on where they live, as states like New York tax lottery winnings at 10.9% while others such as Texas,

07-25انڈسٹری

Netflix Released ‘Heartstopper: Forever’ And No One Seems To Notice

At one point, Heartstopper was one of the most talked-about series on Netflix with sky-high critic scores for the show about a love story between two teens. Now？ We have gotten to a point where the series finale of the show, which instead is a two-hour movie, came and went largely without a whisper.　　That is Heartstopper: Forever, a film adapting the final graphic novel of the series, the movie being released a week ago on Netflix. But if you didnt know that, no one would blame you. The movie failed to chart on the US top 10 movie list at all, and was nowhere on the global chart. It briefly did well in the UK, but that was about it.　　Its a strange ending for a show that boasts one of the highest critic and audience score combinations in Netflix history, a 98% and 95% on Rotten Tomatoes respectively across three full seasons. And Heartstopper definitely did have stellar viewership for a time.　　It‘s not clear precisely why this decision was made back in 2025 to release the “final season” as a film instead. It’s possible that declining viewership led to Netflix questioning another full season, but not wanting to end such

07-25انڈسٹری

Will Ripple Burn 32 Billion XRP In Escrow？ Crypto Pundit Unleashes The Truth Behind FUD

Fears of Ripple burning its approximately 32 billion of XRP that is currently held in escrow have surfaced again in the crypto community. However, crypto commentator and Digital Ascension Group Chairman Jake Claver says thats not possible as of now. He said that since the XRP Ledger is based on decentralized validator consensus, which could save the XRP in escrow from any kind of burn activities.　　Can Ripple Burn Its 32 Billion XRP Held In Escrow？　　Based on XRPScan data, currently a stash of around 32.45 billion XRP is locked in escrow. Meanwhile, theres approximately 67.53 billion XRP in circulation, and the total supply of XRP on the XRP Ledger is set at 100 billion.　　Almost 1.44 million XRP has been permanently burned due to transaction fees. Hence, the total amount of XRP available to be burned is nearly 99.99 billion of which Ripple owns around 32% stake.　　In response to the rumors swirling around X, Claver wrote, “‘Will Ripple just burn the escrow？’ They cant.” He said that Ripple operates three out of 35 trusted validators, while any change to the protocol needs to get 80% of the validators to agree.　　‘Will Ripple just burn the escrow？’ They cant. Ripple runs 3 of 35

07-25انڈسٹری

Cardano Founder Blasts Ark Invest Directors Bias Over Criticism

Cardano founder Charles Hoskinson addressed criticism from Director of Research of the Digital Asset team at Ark Invest, Lorenzo Valente, in an X post.　　Valente, in an X post, had questioned why Cardano continues to receive industry attention, criticizing its continued prominence in the space. He claimed that the crypto sector undermined its own credibility by continuing to invite Cardano founder Charles Hoskinson to conferences, accepting sponsorships, and featuring Cardano in podcasts.　　“It‘s 2026, and we’re still talking about Cardano. Were still inviting Charles to conferences, treating Cardano as newsworthy, accepting its sponsorship money, and giving it airtime on podcasts. Then we wonder why this industry struggles for credibility. We deserve the reputation we have. No serious industry keeps rewarding irrelevance like this,” Valente wrote.　　Risk of XRP Losing $1 Just Spiked Up, Will Zcash (ZEC) Retain $500？ Hyperliquids (HYPE) $70 Bounce Is Possible: Crypto Market Review　　Coinbase‘s Armstrong Reacts to Nvidia CEO’s Very First Tweet　　Engaging with Valente‘s post, Hoskinson responded, pointing out the Ark Invest Director of Research’s bias outright. Hoskinson dismissed the criticism, suggesting that the comments reflected personal bias rather than an objective assessment of Cardano.　　“Well, I don‘t think I’ll get a fair shake from ARK Invest anytime soon ???? Its

07-25انڈسٹری

Open-Weight AI Models Gain Support From Leading U.S. Tech Executives

Open-weight AI models gained backing from Huang, Altman, Nadella and Zuckerberg.Industry leaders said open-weight AI expands competition, boosts security, and increases AI access.The letter urged support for open-weight AI instead of broad restrictions on advanced AI models.　　Open-weight AI models became the focus of a joint message from several prominent U.S. technology leaders after NVIDIA published a letter calling for policies that support open-weight artificial intelligence.　　The document, titled Open Weights and American AI Leadership, argues that downloadable and modifiable AI models can strengthen competition, expand access to AI tools, improve cybersecurity, and support American innovation.　　NVIDIA CEO Jensen Huang shared the letter in his post on X, while OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella, and Meta CEO Mark Zuckerberg publicly endorsed its message through separate posts.　　Open-Weight AI Models Backed by Industry Leaders　　Jensen Huang said the world needs both frontier-closed and frontier-open models. He stated that open models strengthen safety, cybersecurity, innovation, and national sovereignty. Sam Altman responded by saying he wants the United States to lead in both open-source and proprietary AI models and welcomed the initiative.　　Mark Zuckerberg described open source as an important force that empowers people and helps prevent centralization. Satya Nadella also backed the effort, saying open-weight

07-25انڈسٹری

Triple-A Hot Wallets Drained of $9.7 Million Across Six Chains: Heres What Peckshield Found

Key TakeawaysTriple-A lost over $9.7 million from hot wallets across six chains, per Peckshield.The attacker bridged proceeds to Ethereum, consolidating roughly 5,227 ETH in one address.Triple-A had issued no public statement more than eight hours after the breach was flagged.　　Onchain Investigator Flags the Breach First　　Onchain investigator Specter first reported the incident. According to a Peckshield alert published Saturday, wallets tied to Triple-A, a Singapore-based fiat-to-crypto payment gateway, had been drained of funds across Ethereum, Tron, Polygon, Arbitrum, Solana and The Open Network (TON).　　Triple-A operates payment infrastructure that lets merchants accept cryptocurrency and settle in fiat currency, meaning its hot wallets hold a rotating pool of customer funds and liquid stablecoins to process transactions quickly. Hot wallets stay connected to the internet for speed, a tradeoff that makes them more exposed than offline cold storage.　　Onchain data reviewed by security researchers shows the attacker swapped stolen stablecoins and other liquid assets on decentralized exchanges before bridging the proceeds to Ethereum. The funds landed in a single address beginning with 0x01F8, which held roughly 5,227 ETH, worth about $9.7 million, as of Saturday.　　Image source: X　　The consolidated wallet received the stolen assets in several tranches rather than one lump transfer, a move that is

07-25انڈسٹری

Crypto token unlocks: $77M in BEAT, EIGEN, ZETA hitting markets Aug. 1

BEAT has gained 32.1% in seven days before an Aug. 1 release that will place the token at the center of $77.07 million in scheduled BEAT, EIGEN and ZETA unlocks.　　RootData reported that Audiera will release 21.25 million BEAT at 9 a.m. Beijing time, valuing the allocation at approximately $67.78 million. The data platform calculates that the release equals 6.87% of BEATs circulating supply.　　EigenCloud will unlock 38.35 million EIGEN worth about $7.87 million at 5 a.m. Beijing time, according to RootData. ZetaChain will add 44.43 million ZETA worth $1.42 million at midnight, with RootData placing the releases at 5.18% and 2.94% of circulation, respectively.　　BEAT carries Aug. 1s largest supply shock　　BEAT traded near $3.16 after moving between $2.19 and $3.69 during the past week, according to CoinGecko. Although the token remained up 32.1% over seven days, it had retreated about 14% from the weekly high and lost 1% during the latest 24-hour period.　　CoinGecko recorded $37.84 million in daily BEAT volume, up 148% from the previous day. RootDatas $67.78 million unlock valuation equals almost 1.8 times that turnover, although reported volume does not measure the amount of buy-side liquidity available to absorb recipient sales.　　Using CoinGecko‘s 309.27 million circulating-supply figure, the release would raise

07-25انڈسٹری

FOGNET Partners With TradingRazor To Advance AI-Driven Multi-Chain Trading Intelligence

FOGNET, a robust Web3 network for blockchain intelligence, has partnered with TradingRazor, an AI-based trading intelligence platform. The partnership endeavors to improve data-led decision-making to benefit crypto traders. As per FOGNETs official social media announcement, the development is set to enhance the way consumers discover and leverage on-chain opportunities. Both entities focus on the provision of intuitive trading insights via their respective Web3 capabilities.　　FOGNET and TradingRazor Alliance Improves AI-Led Multi-Chain Trading　　The partnership between FOGNET and TradingRazor underscores the rising demand for AI-driven solutions in DeFi. With this move, both companies attempt to support relatively effective and informed trading across diverse blockchain networks. In this respect, TradingRazor has become an inclusive trading intelligence firm that lets consumers examine blockchain markets via AI-powered tools. Apart from that, the platform also combines smart-money tracking with multi-chain market intelligence.　　As a result of this, traders can monitor the operations of impactful wallets and detect the latest market trends. With the filtering of big blockchain data volumes into actionable information, TradingRazor is poised to streamline the decision-making procedure for emerging and experienced market members. AI-driven trading signals a key characteristic of the platform to assist clients in detecting likely opportunities while decreasing information overload. Alongside predictive

07-25انڈسٹری

Crypto ETF Recap: Ethereum Still Outpaces Bitcoin, but Cracks Are Emerging

Over $100 million entered the funds tracking the altcoin in the past week.　　The spot Bitcoin exchange-traded funds ended their third consecutive week in the green, but momentum faded at the end of it.　　In the meantime, the funds tracking Ethereum continue to outperform, gaining over $100 million as the underlying asset challenged the $1,950 level.　　BTC ETFs Still in the Green but…　　The funds tracking the market leader were in a tough spot for weeks. Eight, to be precise. In this streak that began in mid-May and felt it went on for eternity, they saw over $8 billion withdrawn from investors, with the total net inflows going down from over $59.34 billion to $51.08 billion on July 2.　　However, investors finally changed their tune at this point and broke this negative trend during the first full week of July, inserting nearly $200 million. Another $75.67 million followed during the subsequent week, and the one that just ended began on a high note. In fact, the actual net inflows stood at approximately $1 billion during the seven consecutive green days – from July 14 until July 22.　　This coincided (or propelled) with bitcoins price rally that drove the asset to $67,000 on Wednesday for the first

07-25انڈسٹری

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