Wu Says Daily Selected Crypto News - Four meme tokens exploited by attackers to steal liquidity through pre-launch vulnerabilities.

1. Four meme tokens exploited by attackers to steal liquidity through pre-launch vulnerabilities

Attackers used the 0x7f79f6df function of Four meme to purchase a small amount of tokens before the launch and utilized this function to send the tokens to a PancakeSwap trading pair address that had not yet been created. This allowed the attackers to create trading pairs and add liquidity without needing to transfer the tokens that had not yet launched, circumventing the transfer restrictions (MODE_TRANSFER_RESTRICTED) that were in place prior to the Four meme token launch. Ultimately, the attackers added liquidity at an unexpected price, successfully stealing funds from the liquidity pool.

2. QCP Capital: Macroeconomic volatility has eased slightly, and a shift in Fed policy could act as a catalyst for Bitcoin's upward movement

QCP Capital analyzes that the likelihood of the Federal Reserve lowering interest rates this Wednesday is extremely low; however, if Powell signals a dovish stance, it may drive the market upward. Macroeconomic market volatility has eased, with the VIX index retreating to around 20. QCP believes that changes in global liquidity may impact the subsequent trajectory of Bitcoin, and a potential policy shift by the Fed along with European stimulus measures may provide new upward momentum for the market.

3. Binance publishes an introduction to Binance Alpha 2.0

Binance Alpha 2.0 expands by directly integrating Binance Alpha into the Binance Exchange, while it remains available on the Binance Wallet. With Binance Alpha 2.0, users can explore and purchase on-chain tokens directly on the Binance Exchange without needing to withdraw assets to external wallets or create on-chain wallets. CZ commented on "Binance Alpha 2.0"

4. ZachXBT: The "Hyperliquid 50x leverage profit whale" is actually a cybercriminal

On-chain detective ZachXBT stated that the "Hyperliquid 50x leverage profit whale" that has garnered market attention is, in fact, a cybercriminal who uses stolen funds for high-leverage trading gambling. Additionally, ZachXBT ruled out any connection between this address and the North Korean hacking group Lazarus Group.

5. SEC Acting Chair directs staff to re-examine proposed cryptocurrency custody rules

The U.S. SEC is considering withdrawing its proposal to tighten cryptocurrency custody requirements. SEC Acting Chair Mark Uyeda mentioned that there are significant concerns regarding the rules proposed in February 2023, which face major challenges in advancing the original proposal. The rule requires registered investment advisors to custody crypto assets with qualified custodians and enhances asset protection measures.