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BNBChain Suffers $500 Million Hack: Cross-Chain Bridge Vulnerability Exposes Security RisksBNBChain, one of the world's most active public blockchains, suffered a significant hack on October 7th, 2023 (Beijing time), resulting in losses exceeding $500 million. This ranks as one of the most serious blockchain hacks in recent times

The United States Pushes for a Bitcoin Strategic Reserve Act: Establishing a National Bitcoin Reserve to Enhance Financial Security and LeadershipAs global nations increasingly recognize the importance of digital assets, the United States is actively exploring ways to maintain its leadership position in this field. In this context, Senator Cynthia Lummis introduced the "BITCOIN Act of 2024" on July 31st

Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency SecurityThe recent cracking of the Bitcoin 66-bit puzzle, launched in 2015, has exposed security vulnerabilities in the cryptocurrency space, reminding individuals to strengthen their security measures. Intended as part of a series of cryptographic challenges to showcase the robustness of Bitcoin cryptography, the puzzle inadvertently revealed potential risks, sending a wake-up call to the entire industry

Main pointsDuring periods of market turmoil, people often turn to trustworthy investments to protect their wealth. These are commonly referred to as' safe haven assets'

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Recently, a large amount of 19197BTC worth 652 million US dollars flowed out of Coin An at once, triggering a curious reaction from Bitcoin investors. The timing of the transfer is interesting as Bitcoin is currently trading within the range and is expected to break through the resistance level of $35000

Can BNB accumulate strength and experience explosive growth through hard Ethernet?In my opinion, the development path of BSC is similar to stacking and optimizing on the basis of existing user base and mature Ethereum Layer2 technology. By leveraging existing user and financial scale advantages, BSC can meet the large-scale application needs of Web3 in the future, especially in fields such as gaming and metaverse, supported by low-cost and high-performance opBNB

The cryptocurrency exchange Coin An recently released a notice that has attracted the attention of users holding Chaigou (SHIB) and XRP. The exchange will undergo a system upgrade that may affect the holders of these cryptocurrencies

The latest report shows that despite sanctions imposed by the United States on Russia, the trading volume of rubles on currency security is still skyrocketing.Recently, there have been reports that the native cryptocurrency BNB of Coin An has encountered severe selling pressure

The negative news surrounding the world's largest cryptocurrency exchange, Coin An, has sparked panic in the cryptocurrency market and also sparked uncertainty and suspicion about the future direction of the market. The recent developments indicate that Coin Security is actively addressing ongoing regulatory issues and is also selling Bitcoin (BTC) to alleviate the selling pressure on its native token BNB, ensuring an upward trend in BNB prices

Due to the Wall Street Journal's report that Coin An helped Russian users transfer funds overseas, BNB fell to $204.The increasingly strict legal and regulatory scrutiny of the exchange, as well as a large number of non-performing BNB guaranteed loans, have suppressed the price of the token

Event Review: Coin Security Chain Encounters the Largest Hacker Attack in HistoryOn the early morning of October 7th, BNBChain was attacked by hackers, involving a total amount of $700 million, including $570 million in BNB. According to Zhao Changpeng, the founder of Coin An, the main reason for the "attack" that shook the entire industry was a vulnerability on the TokenHub, a cross chain bridge