The privacy coin project Pirate Chain encountered a coin minting vulnerability attack, where attackers exploited two verification vulnerabilities to issue approximately 39.82 million ARRRs, resulting in a supply increase of approximately 20%. The vulnerability has been fixed and the community has reached a consensus to roll back the chain to block 4176944. The counterfeit token has been removed and the balance has been restored to its pre attack state. Pirate Chain has released a mandatory update v6.0.14, requiring all nodes, mining pools, and exchanges to upgrade immediately.
According to a Goldman Sachs report, global crude oil transportation costs have risen from around $3 per barrel to over $20 per barrel, with Middle Eastern shipping routes exceeding $35 per barrel. The risk premium of the Strait of Hormuz war has increased by about $7, ship to ship transshipment has increased by about $4, fuel costs have increased by about $4, dispatch efficiency has decreased by about $3, and Iranian oil tankers have reduced their contribution by about $2. The price difference between Brent crude oil and WTI crude oil is about $14 per barrel, higher than the usual $5. Goldman Sachs expects Brent crude oil prices to fall to around $90 per barrel by the end of the year and reach an average of $80 per barrel by 2027. (Source: Goldman Sachs)
Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court ruled Chinese law governs victims’ claims to the coins.
Musk said that if the Democratic Party controls both houses of the US Congress and uses its supervisory powers to investigate himself and his companies Tesla (TSLA. O) and SpaceX (SPCX. O), he will retaliate. Musk stated on social media that those who make a living with swords will inevitably die under the sword, and will expose the mastermind behind the scenes and directly target them.
A certain whale purchased tokens worth $7.22 million in the past 24 hours, including 378129 LIT ($1.4 million), 6.61 million ENA ($1.34 million), 3 million ONDO ($1.34 million), 1.154 million AERO ($948000), 241.8 ETH ($591000), 2944 QNT ($589000), 61252 UNI ($443000), 1387 TAO ($368000), and 43.3 billion PEPE ($195000).
