[PORT3 Hacker Profits $166,000 Through Exploit] On-chain analyst Yu Jin's monitoring revealed that 3 hours ago, a hacker exploited a vulnerability in the PORT3 bridge to mint an additional 1 billion PORT3 tokens, which were then sold on-chain, causing the price of PORT3 to drop by 76%. The hacker sold 162.75 million PORT3 tokens, receiving 199.5 BNB in return, valued at $166,000. The PORT3 project team subsequently removed on-chain liquidity, and some centralized exchanges suspended PORT3 deposits. 40 minutes ago, the hacker destroyed the remaining 837.25 million unsold PORT3 tokens.

The team behind Open finance protocol Synthetix joined up with Ethereum layer-2 research group Optimism for a demo built on the Optimistic Virtual Machine (OVM)OVM is the virtual machine for the Optimistic Rollup, an Ethereum Layer-2 scaling solutionThe demo demonstrated how the new setup can reduce oracle update latency by 37.5 times and exchange latency by 75 times

Coinbase has started migrating its wallet, which may affect the exchange's reserve data. The data will be updated after the migration is completed. （CryptoQuant）

[Port3 Network Exploited by Hacker to Mint Excess Tokens, PORT3 Token Plummets 77.4%] Decentralized AI data network Port3 Network stated on the X platform that a hacker illegally minted tokens through a BridgeIn vulnerability. The team has taken measures to remove liquidity and plans to communicate with the hacker. Port3 Network advises users to avoid trading related tokens until the issue is resolved. Market data shows that the price of the PORT3 token has dropped 77.4% in the past 24 hours.

On chain data shows that after two months, a whale address deposited $6.5 million USDC into Hyperliquid to purchase HYPE. The address has spent $2.37 million to purchase 78984 HYPEs at a price of $30 each, and placed orders to purchase more HYPEs in the $27-29 price range, with a total amount of $4.16 million. （Onchain Lens）