Paul Atkins, Chairman of the US Securities and Exchange Commission, stated that the SEC is driving modernization of financial market rules on the blockchain

The hot money package operated by 79thVault on BNB Chain is suspected to have lost approximately $12.5 million due to a private key leak. This address has 7 transfers of 2.01 million pieces of 79AU, with amounts of 10000, 100000, 100000, 300000, 500000, 500000, and 500000 pieces respectively. The attacker sold 79AU through 95 exchanges, reducing the USDT reserve in the pool from 15.2 million US dollars to 3.9 million US dollars, and cashed out 16249 BNBs, approximately 12.5 million US dollars. The operation key transfers 3.79 BNB to the same external address, and another 500000 79AU to other addresses.

The 79th Vault on BNB Chain is suspected to have lost $12.5 million in assets due to the operation of a hot wallet private key leak. The attacker transferred 2.01 million pieces of 79AU from the trading pairs in 7 transactions, and sold them back after 95 exchanges, causing the USDT reserve in the pool to decrease from 15.2 million US dollars to 3.9 million US dollars, and cashed out 16249 BNB, approximately 12.5 million US dollars. The operation key was transferred to an external address with 3.79 BNB, and another 500000 79AU were transferred to other addresses.

Greece has released a draft bill proposing to lower the capital gains tax rate for personal cryptocurrencies to 10% and set an annual tax exemption of 500 euros. Direct exchange between cryptocurrencies is not subject to taxation, while pledged or borrowed income is taxed at a 10% interest rate. The draft establishes a 12-month window period, allowing the declaration of past earnings to be exempted from punishment, and includes cryptocurrency purchases in the category of asset proof of presumed income.

Jack Yi, founder of Liquid Capital, stated that the recent sideways volatility and false surge induced bullish trend of Bitcoin are in line with his prediction that Bitcoin will rise to $86000 as a correction level.

Greece plans to legislate a 10% tax on capital gains from cryptocurrencies. The draft bill has been released and entered the public consultation stage, and is expected to be submitted to parliament for review in November. The draft stipulates that individuals are exempt from taxes on a portion of their annual cryptocurrency capital gains up to 500 euros (approximately 559.95 US dollars). Greece currently does not have a legal framework for cryptocurrency taxation, and the government has not yet made predictions on the fiscal revenue generated by the new tax.