An address incurred a total loss of $38.68 million and increased its BTC short positions by $3.32 million.
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Despite incurring a total loss of approximately $38.68 million, one address continued to increase its BTC short positions by approximately $3.32 million.
Address details: 0x1f250df59a777d61cb8bd043c12970f3afe4f925
The Bitcoin Lightning Network wallet platform LNbits suffered an attack resulting in the theft of funds. The platform has released a patch (version 1.7.0) and urges users to update immediately. This vulnerability affects all earlier versions. The platform recommends that users reset their wallet keys, replace relevant credentials, and migrate servers if they suspect a breach.
LNbits founder Ben Arc stated that the team is working diligently to address the loss. Users have reported that attackers used LNbits instances to create new accounts and steal approximately 0.023 bitcoins.
On September 22, a whale sold 5,368 ETH at $2,739, worth $14.7 million.
After ETH recently fell 15% to the $2,000 mark, this whale bought 6,087 ETH at $2,031, worth $12.36 million, 6 hours ago.
7. SIBLINGS borrowed $25 million in stablecoins from Spark, including $12.5 million in USDT and $12.5 million in USDS.
The entity then used CowSwap to exchange $22 million worth of stablecoins for 10,800 ETH, at an average price of approximately $2,039. (Onchain Lens)
Despite incurring a total loss of approximately $38.68 million, one address continued to increase its BTC short positions by approximately $3.32 million.
Address details: 0x1f250df59a777d61cb8bd043c12970f3afe4f925
A New York federal judge rejected Novig's preliminary injunction application. The court ruled that Novig's event contracts did not constitute a swap under the Commodity Exchange Act, and that New York State could apply betting and sports betting laws to its activities. (Source: The Block)
Daniel Wallach: State regulators may soon shift from defending their enforcement powers in federal courts to actively exercising those powers in state courts, which could be the next big chapter in sports prediction market litigation.