BlackRock's BUIDL approved as backing token for Frax USD stablecoin
Securitize’s proposal to add BlackRock’s BUIDL token as a backing for Frax’s USD stablecoin has been approved.Frax is now launching the frxUSD stablecoin.
Odaily Planet Daily News: Security agency SlowMist recently released its "2024 Annual Report on Blockchain Security and Anti Money Laundering", which states: According to the SlowMist Hacked archive, there were a total of 410 security incidents in 2024, resulting in losses of up to 2.013 billion US dollars. Compared to 2023 (464 cases, with a loss of approximately 2.486 billion US dollars), the loss decreased by 19.02% year-on-year. DeFi remains the most frequently attacked domain. In 2024, there were a total of 339 DeFi security incidents, accounting for 82.68% of the total security incidents, resulting in a loss of up to 1.029 billion US dollars. Compared to 2023 (282 incidents, with a loss of approximately 773 million US dollars), the loss increased by 33.12% year-on-year. From an ecological perspective, Ethereum suffered the highest loss, reaching $465 million. Next is BSC, which amounts to 87.35 million US dollars. From the perspective of the cause of the incident, contract vulnerabilities led to the highest number of security incidents, reaching 99, resulting in losses of approximately 214 million US dollars. Next is the security incident caused by the account being hacked. The top 10 security attack incidents with losses in 2024 and the amounts involved include: DMM Bitcoin ($305 million), PlayDapp ($290 million) WazirX ($230 million), BtcTurk ($90 million), Munchables ($62.5 million), Radiant Capital ($50 million), BingX ($45 million) Hedge Finance ($44.7 million), Penpie ($27.35 million), FixeFloat ($26.1 million). In 2024, there were 58 Rug Pull incidents, resulting in losses of approximately $106 million. Among them, ZKSync suffered the highest ecological losses, reaching 36.95 million US dollars, while BSC experienced the most runaway incidents, with 28 incidents. In 2024, wallet phishing attacks caused approximately $494 million in losses, a year-on-year increase of 67%. Although the number of victims only increased by 3.7% (reaching 332000 addresses), the single attack losses significantly increased, with the maximum single stolen amount reaching 55.48 million US dollars. In addition, according to statistics, the annual attack activity is divided into three stages: the first quarter suffered the heaviest losses, reaching $187 million, with 175000 victims. The highest loss was in March, at $75 million. The total losses in the second and third quarters amounted to $257 million, with the number of victims dropping to 90000. The fourth quarter loss decreased to $51 million and the number of victims decreased to 30000, indicating an improvement in safety. Throughout the year, there were 30 cases exceeding $1 million, resulting in a total loss of $171 million. On average, each victim lost $5.7 million, with the largest single theft amounting to $55.48 million. The report also provides a detailed introduction to specific fraud methods, anti money laundering, and regulatory situations; According to statistics, out of 410 security incidents, a total of 24 incidents resulted in the full or partial recovery of lost funds after being attacked. According to disclosed data, approximately $166 million was returned, accounting for 8.25% of the total security losses (approximately $2.013 billion).
Odaily Planet Daily News: DefiLlama data shows that the total market value of stablecoins has rebounded to over 206 billion US dollars, setting a new historical high; The current value is 206.827 billion US dollars, an increase of 0.87% in the past week, and the USDT market share is 66.5%.
OKX - PENGU is currently priced at $0.04126, with a 24-hour increase of 12.62%. 24-hour transaction volume of 1.2 billion US dollars, up 59.81%, for reference only
BlockBeats news, on January 5th, Slow Mist founder Cosine posted that in the top 10 runaway events of 2024 (uncertain if there will be any subsequent returns), ZKasino ranked first with a total amount of $33 million; IBXtrade ($21.8 million) and Essence Finance ($20 million) ranked second and third respectively. Cosine further said, "I often see people in the CT comment area saying," countrymen projects can't be touched, maybe they will run away... ". Although it is true that countrymen projects are also very chaotic, everyone has an information cocoon room, and there will be survivor bias, but there is no need to completely deny it. "
According to News.bitcoin, a law enforcement agency in South Africa recently arrested a 35 year old man on suspicion of using cryptocurrency to fund terrorist activities. The investigation was launched in May 2018, when the Financial Intelligence Center (FIC) and investigative teams received information about suspicious transactions suspected of being related to terrorist financing. It is reported that on November 30, 2017, the suspect purchased $614 worth of Bitcoin through virtual asset service provider Luno and transferred the funds from the suspect's bank account to Luno's custodial account. Subsequently, these bitcoins were transferred to another wallet associated with an unnamed "independent" organization. South African law enforcement agencies have stated that preliminary investigations have shown that these funds were transferred to provide weapons, economic assistance, and other projects to "participants" in another country. After determining the purpose of the funds, South African law enforcement conducted a raid on the suspect's residence on October 24th with a search warrant and seized multiple items, including firearms that were not locked in a safe place as required by law. The man is expected to appear in Lichtenburg District Court on January 6th.