Metronome: The msETH-ETH pool on Curve has been attacked and mainnet functionality has been temporarily suspended.
Odaily News: DeFi synthetic asset protocol Metronome has announced that as a precautionary measure, the functionality of the Metronome mainnet has been temporarily suspended in order to minimize damage and investigate the best course of action going forward.
Metronome has revealed that a vulnerability involving multiple Curve pools has been exploited, leading to an attack on the msETH-ETH pool, resulting in the theft of funds from the pool. Liquidity providers for any msUSD trading pairs and users utilizing msETH on Optimism on Velodrome should take note that their positions are not affected. Furthermore, all deposits and open positions in Metronome are unaffected by this incident.
As previously reported, the Curve stablecoin pool comprising alETH/msETH/pETH was attacked due to a recursive locking vulnerability in certain versions (0.2.15, 0.2.16, and 0.3.0) of Vyper.
According to PeckShield monitoring, as of now, DeFi lending protocol Alchemix, DeFi public product JPEG'd, DeFi synthetic asset protocol Metronome, cross-chain bridge deBridge, BNB Chain's DEX Ellipsis utilizing the Curve mechanism, and the Curve CRV-ETH trading pair have all been attacked, resulting in an estimated loss of approximately $52 million.
Odaily News: CME Group CEO Terrence Duffy stated that the U.S. Commodity Futures Trading Commission's (CFTC) attempt to expand its regulatory authority over prediction markets is "a bit of a stretch," and that the related regulatory dispute could ultimately reach the U.S. Supreme Court.Speaking at the DC Fintech Week event on Tuesday, Duffy said the battle over prediction market regulation could evolve into a legal showdown among state governments, tribal governments, and the federal government. "This is going to the Supreme Court, and I think the states and the tribes will prevail," he said. (The Block)
Odaily reports: Trader Killa says that for Bitcoin (BTC) to replicate its 2023 price action, it needs to form a higher low (HL) above $75,500 and ideally hold the low near $80,000.After Bitcoin recently reclaimed its short-term structure around the $82,000 zone, it pulled back to test and broke through again, with short-term price action showing strong characteristics of "bull traps and bear traps." When BTC previously fell from $84,100 to $81,000, the structure appeared weak, but a large number of shorts entering at the lows fueled the subsequent rebound.Killa noted that during the drop from $84,100 to $81,000, long liquidations totaled approximately $300 million, while during the earlier decline from $86,800 to $80,600, long liquidations exceeded $2 billion, indicating that the market's leverage structure is improving and the proportion of longs has declined compared to before. The market now needs to form a higher low and initiate the next leg up; otherwise, this correction could break below $80,000.
Odaily reports that according to MSX.COM data, US mega-cap cloud providers including Microsoft and Google rallied collectively. Google-A shares rose 1.07% to $356.510 per share, with a total market capitalization of $4.36 trillion.Microsoft shares rose 1.6% to $549.795 per share, hitting another record high, with a total market capitalization of $4.08 trillion. Amazon shares rose 0.93% to $261.950 per share, with a total market capitalization of $2.83 trillion.
According to MSX.COM data, Apple's stock price rose 1.74% in early trading to $346.892 per share, with a total market cap of $5.06 trillion, setting a new all-time high.
According to Lookonchain monitoring, today U.S. Bitcoin ETFs saw a net outflow of 788 BTC, with a 7-day net outflow of 8,267 BTC; Ethereum ETFs saw a net outflow of 29,926 ETH, with a 7-day net outflow of 217,087 ETH.
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