CEX

CEXs are platforms managed by centralized organizations that facilitate the trading of cryptocurrencies, offering high liquidity and user-friendly fiat on-ramps. Leaders like Binance, OKX, and Coinbase serve as the primary gateways for institutional and retail entry. In 2026, the industry focus is on Proof of Reserves (PoR), enhanced regulatory compliance, and hybrid models that offer self-custody options. This tag provides updates on exchange security, listings, and global market trends.

4243 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Port3 Exploit Triggers Full Token Migration After Cross-Chain Vulnerability Exposes CATERC20 Weakness

Port3 Exploit Triggers Full Token Migration After Cross-Chain Vulnerability Exposes CATERC20 Weakness

The post Port3 Exploit Triggers Full Token Migration After Cross-Chain Vulnerability Exposes CATERC20 Weakness appeared on BitcoinEthereumNews.com. Port3 suffered a critical exploit today. A single validation flaw inside Nexa Network’s cross-chain CATERC20 token standard opened the door to unauthorized minting and a rapid price collapse. What followed was a full-scale breakdown of the token’s security model, a multi-address exploit, and now a complete token migration to stabilize the ecosystem. The incident is not just another hack. It’s a textbook case of how a boundary-condition bug buried inside a cross-chain implementation can wipe out an entire token economy once ownership is renounced. And Port3 now confirms it is reissuing the token, burning team tokens to neutralize excess supply, and migrating entirely to BNB Chain. Here’s the full breakdown. A Vulnerability Hidden in CATERC20 Opened the Door Port3 integrated Nexa Network’s CATERC20 standard to support multi-chain expansion. The goal was to power easy cross-chain messaging and token movement across several ecosystems. But CATERC20 carried a critical vulnerability inside its boundary-condition validation logic. Once ownership of the Port3 token contract was renounced, a move intended to increase decentralization, the validation function started returning a value of 0. That value matched the owner-verification condition, causing the ownership check to fail. As a result, the system treated unauthorized addresses as valid. The flaw did not appear in the CATERC20 audit report. Port3’s renounced-ownership status placed the token in the exact configuration where the vulnerability could be triggered. And once discovered, it opened the door to full unauthorized access. Incident Report: $PORT3 Hacker Attack PORT3 aimed to support the development of multiple chains, and therefore adopted @nexa_network’s cross-chain token solution, CATERC20. However, CATERC20 contained a boundary-condition validation vulnerability. After the token’s ownership… — Port3 Network (@Port3Network) November 23, 2025 The Hacker’s First Move: Registering a Fake Authorized Address The attacker located the authorization-verification bug inside the Port3 BSC-side contract and moved quickly. At…

Author: BitcoinEthereumNews
Best Crypto Presale to Buy Now: Analysts Agree Remittix is the Presale Gem That is Superior to BlockDAG and Digitap

Best Crypto Presale to Buy Now: Analysts Agree Remittix is the Presale Gem That is Superior to BlockDAG and Digitap

Analysts say Remittix is the best crypto presale to buy now, outperforming BlockDAG and Digitap with real utility, strong tokenomics, and PayFi growth.

Author: Blockchainreporter
The market hasn't recovered, only admitted its innocence: crypto repricing in the post-market maker era.

The market hasn't recovered, only admitted its innocence: crypto repricing in the post-market maker era.

Author: Zuo Ye Network effects extend beyond the internet. Water and electricity are highly exclusive, making them very suitable for "monopolistic" collective management, which can benefit or harm the whole society. However, the network of relationships between people is naturally distributed and decentralized, and even a super social elite would find it difficult to know everyone. Is crypto a web of funds, or a arena for interaction between people? Satoshi Nakamoto clearly believed it was the latter, a peer-to-peer transaction model. Starting from this point, the history of the cryptocurrency world has been about fully embracing the connection of funds as capital appreciates and expands, while reducing direct interaction between people. The only reasonable question is: how long will this dense network of funds collapse? Why is the market recovering? Many people are still reeling from the crashes and liquidations of October 11th and November 3rd, wondering how long it will take for synthetic stablecoins, Vault, and Yield products to recover. However, Hyperliquid's BLP and HIP-3 growth models are coming one after another, and Framework's stablecoin YC has been launched on Sky. There's also Aave's sudden arrival of V4 and a mobile financial product app. In terms of absolute data, the market is indeed in a recovery period, but in terms of personal experience, project teams seem to be innovating by closely following historical trends. In other words, market cycles have become decoupled from retail investor activity, which is not uncommon. The fundamentals of the US economy have little to do with the real economy. Trump's only concern is interest rate cuts and stock prices. Americans and the real economy are just one part of the game. In this cycle, if one still believes in a four-year Bitcoin cycle, then one is simply stuck in a time machine from 2017. Like the flash crash of Cloudflare, the crypto infrastructure is constantly changing. DEXs, represented by Hyperliquid, have indeed taken over the CEX market, especially in conjunction with Meme, which has changed the token valuation, pricing, and distribution system. The era of CEXs is visibly dying out, with Kraken valued at only $20 billion, and many CEXs turning to support their own DEXs. When high FDV impacted Binance's pricing system in 2024, VCs were already dead, and then it became the era of market makers: Hyperliquid and other Perp DEXs were backed by market makers, as were many YBS projects. SBF came from Jane Street, Jeff came from Hudson River Trading, and the founder of Variational came from the market-making department of DCG. Even during the ADL liquidation on October 11, market makers were the first to be affected. Fortune and misfortune are intertwined, and the market structure dominated by market makers becomes more rigid and rigid more quickly than that dominated by CEXs. Web3Port's frantic dumping of tokens manipulated the price, DWF's repeated manipulation of token prices, and even Hyperliquid's HLP faced similar accusations. Whether it's a centralized market maker or a decentralized vault, anyone participating in a market-making system cannot escape the suspicion of market manipulation. If we call the current market structure a "recovery," then market makers have been severely impacted, rendering them unable to continue manipulating the market, which in turn has led to market stabilization. This is not uncommon. Before FTX collapsed in 2022, there were rumors that Alameda once held 20% of the market-making share in the BTC market. In the SBF & FTX biography "Towards Infinity", SBF admitted that they were the earliest professional company to make large-scale market-making. Image caption: BTC liquidity plummets Image source: @KaikoData Returning to the flash crash of October 11, from the perspective of market makers, it was a purely technical crisis, or rather, the trading liquidity before that was a technical golden age: there were no retail investors trading, but market makers buying and selling. Image caption: Sharp drop in liquidity on October 11th. Image source: @coinwatchdotco The existence of market makers is not a problem in itself, but for altcoins or new TGE coins, it means a huge sell-off. Airdrop hunters, arbitrageurs, and even VCs and project teams themselves will resolutely sell to market makers to lock in profits. Market makers are caught in a dilemma: if they don't manipulate the market, they will inevitably absorb all the worthless coins, or they will become the Lich King, increasing market volatility as much as possible to make a little money for themselves and occasionally let market participants make a little money as well. Image caption: Mainstream market makers' positions Image source: @arkham The reasoning here has a major flaw: it only shows the composition and changes in market makers' positions, making it difficult to analyze in detail how they manipulate the price within the CEX. Data from DEXs like Hyperliquid is relatively transparent, and we'll leave that for future analysis. In summary, the market is not experiencing a rebound, but rather a situation where market makers have suffered heavy losses, coupled with the successive collapses of the YBS project, rendering them unable to manipulate the market. Now, the true price mechanism is at work. There is no recovery, only honesty. The 70% Law of Natural Monopoly The various sub-sectors of crypto have already revealed products with "natural monopoly" characteristics, such as EVM. In contrast, the Bitcoin network as infrastructure has failed. Everyone desires BTC, but no one wants to engage in P2P transactions. Aside from proponents like Jack Dorsey who insist on using the Bitcoin network as a stablecoin chain, the pipe dream of BTCFi has been real and tragic enough. Stopping the fantasy about it will benefit the entire industry. Aside from EVM, only Binance and USDT are close to the concept of "monopoly" as super single products. Note that this does not conflict with the impact of DEX on CEXs, or the innovative impact of USDC/USDe/YBS/Curator. Super Item ≠ Track In other words, Binance and USDT are working hard to resist entropy increase, while Ethereum, after experiencing a series of self-destructive actions (Infinite Garden, L2 scaling -> L1 scaling), and even now turning to privacy and AI, which emphasizes doing whatever it wants, is still the mainstream choice. However, Binance and USDT's market share, and even Hyperliquid's share on Perp DEX, have peaked at around 70%, and more market actions are needed to solidify their current positions. Image caption: Market share under a stable market structure Image credit: @GLC_Research @defillama @SPGlobal Based on experience, in a stable market structure, the top projects can occupy 70% of the market share in this sector. However, the market environment changes over time, and currently, the market share of Hyperliquid, USDT, and Binance has all dropped below 50%. Of course, EVM is absolutely stable in the overall VM track, with only a very few competitors such as SVM or Move VM, which can be regarded as entering an ultra-stable structure. Image caption: Mainstream market makers Image source: @coinwatchdotco Looking at market makers from this perspective again, we know that there are at most 20 mainstream market makers, and we speculate that they occupied the mainstream market position before October 11. However, they did not achieve a natural monopoly. Even if they forcibly maintained it, they are now at their limit. So how will the market structure change in the next stage? The transition between generations is underway. Taking the traditional financial approach means being limited by traditional financial valuation models. The path of becoming an internet fintech company is limited by the valuation scale of the internet industry. Only by forging a path suitable for cryptocurrency valuation models and breaking free from any existing industry definitions can a company like AI emerge as a top player with a market capitalization of 5 trillion. The market has been quite strange lately. Solana, as a pioneer in RWA and institutional adoption, has suddenly announced that its foundation chair, Lily Liu, wants to revive the cryptopunk dream, combined with Ethereum's return to the L1 scaling route and the privacy concept mentioned earlier, making Zcash incredibly popular. Crypto seems to be rediscovering the technological logic and valuation system of the crypto world, and these have less and less to do with market makers. Even when institutions adopt it, it's more about "crypto projects using institutional funds to do DeFi" rather than "selling crypto DeFi to institutions". In short, internally, get rid of MM (presumably referring to a specific organization or group); externally, get rid of the organization. Even OGs have to keep up with the new era. DAT, co-sponsored by Li Lin and Xiao Feng, was stillborn. After breaking through Chinese venture capital, the Big Name effect of OGs is also coming to an end. Encryption is reclaiming its dreams, at the cost of shedding the parasitic systems that underpin it. Referring to the most mature US capital market, A16Z is part of the US capital market, but Chinese VCs are not. Only the government, state-owned enterprises (state-owned capital groups), and internet companies (previously) had money. Reflecting on the situation of Chinese VCs in Web3, they lack the ability to participate in market pricing and distribution systems. Market makers and CEXs used to be able to, but after 10/11, the trend of on-chain integration in the industry has become increasingly clear. On-chain ≠ Decentralization. Hyperliquid, for example, is transparent on-chain but not decentralized in terms of physical nodes and token economics. Even in the reality of state-owned enterprise capitalization reform, it is not simply about selling the old and replacing it with the new, but about investing in new industries and exchanging it for a ticket to a new world. From this perspective, the biggest problem for market makers is similar to that of memes: liquidity has no value. In the extreme, nihilistic PvP, they make a fortune, but market makers cannot become the dominant force in the industry. Vitlaik has done too much in terms of dreams and long-term technological vision, while MM has done too little. It's better to be more moderate. Conclusion Essentially, this article is written for myself. Theoretically, the market should have stagnated after October 11th and November 3rd, but the decline in TVL did not hinder DeFi's innovation and self-correction, which I find puzzling. Vault, YBS (interest-bearing stablecoin), and Curators are still evolving. The market is more resilient than we imagine. If we still hold onto the same mindset we had a month ago, or even a week ago, we won't understand the market. In the post-MM-dominated era, the balance between cryptocurrency values and product profitability will redefine valuation logic.

Author: PANews
Cardano, XRP & Solana Were Once Upcoming Cryptos, But Now RTX Is The Best Crypto To Buy Now.. What Changed?

Cardano, XRP & Solana Were Once Upcoming Cryptos, But Now RTX Is The Best Crypto To Buy Now.. What Changed?

The post Cardano, XRP & Solana Were Once Upcoming Cryptos, But Now RTX Is The Best Crypto To Buy Now.. What Changed? appeared on BitcoinEthereumNews.com. The market has entered a new phase where investors are moving away from old leaders and shifting toward high-utility projects with stronger long-term growth. For years, Cardano, XRP, and Solana were seen as upcoming cryptos, and many believed they would lead the next cycle. But today, more analysts say Remittix (RTX) has become the best crypto to buy now, thanks to its real-world use case, strong community growth, and fast progress in the PayFi sector. How Cardano Went From Market Leader To A Struggling Giant Cardano is trading around $0.410, far below its highs. Once praised for its strong approach, ADA is now struggling under a wave of technical problems and market outflows. Over the past few weeks, CoinGlass data shows over $2.5 million in net outflows, and ADA has recorded more red days than green since early October. On top of that, a new technical problem appeared on Cardano’s Mainnet after issues in the Preview environment. While the team insists that block production did not fully stop, the news added pressure during an already weak phase.  Source: Osang on TradingView Analysts say ADA must reclaim $0.46 with strong follow-through to confirm any recovery. Failure to do so risks another drop toward the $0.30 support zone. The long-term idea of Cardano remains unchanged, but the short-term pain has pushed many investors to reconsider whether ADA still belongs on lists of the best crypto to buy now.  XRP’s Big Comeback: Strong Demand But Clear Warning Signs Source: TradingView XRP has climbed back to about $2.03, supported by strong inflows into newly approved XRP ETFs. Canary and Bitwise XRP ETFs have already attracted over $422 million, and the growing Ripple USD stablecoin, which recently crossed $1 billion in market cap, is another positive sign. But analysts warn that XRP’s price structure is…

Author: BitcoinEthereumNews
Don’t Miss the Next Shiba Inu Moment: 4 Coins Priced Under $1 Ready to Go Parabolic

Don’t Miss the Next Shiba Inu Moment: 4 Coins Priced Under $1 Ready to Go Parabolic

The post Don’t Miss the Next Shiba Inu Moment: 4 Coins Priced Under $1 Ready to Go Parabolic appeared first on Coinpedia Fintech News Shiba Inu looks tired, with a range-bound trading pattern for most of the year. However, it still holds one of the historic breakout moments in crypto history. With market watchers mulling a possibility of another mega bull run, here are four under-$1 tokens set to go parabolic and create the next Shiba Inu moment this …

Author: CoinPedia
Bitcoin Faces Potential $649M CEX Short Liquidations at $89,000 and $394M Long Liquidations Below $86,000 (Coinglass Data)

Bitcoin Faces Potential $649M CEX Short Liquidations at $89,000 and $394M Long Liquidations Below $86,000 (Coinglass Data)

The post Bitcoin Faces Potential $649M CEX Short Liquidations at $89,000 and $394M Long Liquidations Below $86,000 (Coinglass Data) appeared on BitcoinEthereumNews.com. COINOTAG News, citing Coinglass data dated November 24, notes that a break above Bitcoin at $89,000 could trigger a cumulative short liquidation across mainstream CEXs totaling about $649 million. In contrast, a move below $86,000 may prompt a cumulative long liquidation of roughly $394 million, highlighting the liquidity sensitivity surrounding these price levels. COINOTAG clarifies that the reported liquidation chart does not disclose exact contract counts or values; the bars reflect the relative intensity of potential moves as liquidity shifts, not precise totals. Traders and risk managers should monitor these thresholds as actionable risk markers and adjust hedging strategies accordingly to navigate near-term liquidity risk. Source: https://en.coinotag.com/breakingnews/bitcoin-faces-potential-649m-cex-short-liquidations-at-89000-and-394m-long-liquidations-below-86000-coinglass-data

Author: BitcoinEthereumNews
Important news from last night and this morning (November 23-November 24)

Important news from last night and this morning (November 23-November 24)

The 1inch team withdrew another 7.56 million 1INCH from Binance, worth $1.37 million. According to on-chain analyst @ai_9684xtpa, the 1inch team withdrew 7.56 million 1INCH from Binance 11 minutes ago, worth $1.37 million. The team now holds 119 million 1INCH, worth $21.74 million. SEAL member: North Korean agents have infiltrated 15% to 20% of crypto companies. According to DL News, Pablo Sabbatella, founder of Web3 auditing firm Opsek and a member of the Security Alliance (SEAL), revealed at the Devconnect conference that North Korean infiltration is far more extensive than imagined. He stated that 15% to 20% of crypto companies harbor North Korean infiltrators, and 30% to 40% of job applications may come from North Korean agents attempting infiltration. Due to international sanctions, most North Korean agents cannot directly apply for jobs, so they recruit remote workers globally, especially from developing countries like Ukraine and the Philippines, as cover. They require these workers to hand over account credentials or allow them to remotely use their identities; the workers receive 20% of the earnings, while the agents take 80%. North Korean agents also recruit Americans as "front-end" personnel, posing as non-English speaking interviewees from China, implanting malware on their computers to obtain US IP addresses and bypass restrictions to access more content. Once hired, they are often retained long-term due to their diligence and lack of complaints. To identify them, one can ask for their opinions on Kim Jong-un; they are forbidden from speaking ill of him. Sabbatella stated that the cryptocurrency industry suffers from poor operational security, making founders vulnerable to social engineering attacks and their computers susceptible to malware infection. The pump.fun project team has transferred 405 million USDC to Kraken in the past week. According to on-chain analyst Yu Jin, in the past week, the pump.fun project team transferred 405 million USDC to Kraken. Then, during the same period, 466 million USDC were transferred from Kraken to Circle, which likely represents a withdrawal. This money came from pump.fun's private sale of PUMP to institutions in June, at a price of $0.004 (which has since fallen below the initial offering price). A whale bought 4,022 ETH in the spot market and went long on ETH and BCH with leverage of 20x and 10x respectively. According to Lookonchain monitoring, whale 0x8d0e bought 4,022 ETH spot on Hyperliquid, worth $11.19 million, and opened a 20x long position of 2,034.5 ETH, worth $5.66 million, and a 10x long position of 1,662 BCH, worth $908,000. Port3 launches token migration plan and burns over 160 million tokens. According to official sources, Port3 will launch a token migration plan, with all tokens migrating at a 1:1 ratio. A snapshot was taken immediately after the attack. The team will distribute tokens in bulk, providing 200 to 500 tokens as compensation to each user affected by the attack as of 20:56 UTC. The team is currently confirming the distribution method on CEXs; the new tokens will only be issued on the BNB Chain. By burning team tokens, the excess supply caused by the vulnerability exploit will be completely offset, with a total of 162,750,000 PORT3 tokens burned to ensure the total supply remains unchanged. The team has patched the vulnerability, preventing the hacker from obtaining any new tokens or issuing any new tokens from the new contract address (CA). Previously, yesterday, news broke that Port3 Network was exploited by hackers to issue new tokens using the BridgeIn vulnerability, causing PORT3 to plummet 77.4% in 24 hours. Monad co-founders clarified that they have not issued any Meme coins or NFTs related to their pet Anago, reminding users to be aware of security risks. Regarding the Meme coin Anago appearing on the market, Monad Labs co-founder Eunice Giarta stated on the X platform: "To avoid any suspicion, @AnagoBarks is the official account of the real Anago. There will be no Meme coin or NFTs. Please do your own research and be careful." Giarta was referring to her pet, a French Bulldog. Aster: Due to an error in the gold price feed, the XAUUSDT market price deviated, and Aster will fully compensate affected users. Aster posted on the X platform: "Between 22:00 and 23:00 UTC on November 23 (06:00 and 07:00 Beijing time on November 24), one of the gold price feeds malfunctioned, causing the XAUUSDT market price to deviate from the true price. This was a global error that affected numerous platforms, including Aster and goldprice.org. The market has now returned to normal. All affected users will receive full compensation. Specific details will be announced once confirmed." The 1inch team address withdrew a total of 20 million 1INCH from Binance in the past 14 hours. According to on-chain analyst @ai_9684xtpa, in the past 14 hours, the 1inch team's investment address withdrew 20 million tokens (approximately $3.713 million) from Binance at $0.1856, bringing the total number of tokens held to 111 million, worth $20.34 million. The U.S. Department of Efficiency has been dissolved. According to Jinshi News, the Department of Government Efficiency (DOGE), which President Trump established with great fanfare in January to reduce the size of the government after taking office, has been dissolved despite having eight months remaining in its term. When asked about the current state of DOGE, the head of the Office of Personnel Management, Cooper, said, "It simply doesn't exist." Cooper added that DOGE is no longer a "centralized agency." This is the first time the Trump administration has confirmed the dissolution of DOGE. This agency, led by Musk, implemented sweeping reforms in Washington after its establishment in January, rapidly reducing the size of federal agencies, cutting their budgets, or shifting their focus to Trump's priorities. According to an executive order signed by Trump after taking office, DOGE was supposed to operate until July 2026. Video sharing platform Rumble has enabled BTC, XAUT, and USDT tipping functionality, and the Rumble wallet has officially launched. Chris Pavlovski, CEO of video-sharing platform Rumble, recently announced on the X platform that Rumble now supports tipping in BTC, XAUT, and USDT. The test is currently open only to Android users and limited to a few thousand participants. The Rumble wallet is now officially live. He also stated, "In the creator economy, the Rumble wallet is the first to achieve creator income that is never canceled; tips will exist permanently on the blockchain, unaffected by any cancellation mechanisms." According to Tether CEO Paolo Ardoino, the Rumble wallet also supports the upcoming new stablecoin USAT and will soon support the Lightning Network. Previously, in October, it was reported that Tether planned to launch the new stablecoin USAT on the video platform Rumble, aiming to capture the US market; the Tether CEO revealed that USAT was planned for launch in December of this year; there were also reports that Rumble was partnering with Tether to launch Bitcoin tipping functionality in early December. Data shows that tokens such as XPL, WCT, and SAHARA will undergo significant unlocking, with XPL unlocking value estimated at approximately $18.1 million. According to Token Unlocks data, tokens such as XPL, WCT, and SAHARA will see large-scale unlocks next week. Specifically: Plasma (XPL) will unlock approximately 88.89 million tokens at 9 PM Beijing time on November 25th, representing 0.89% of the total supply, worth approximately $18.1 million; WalletConnect Token (WCT) will unlock approximately 10.06 million tokens at 8 AM Beijing time on November 25th, representing 10.07% of the total supply, worth approximately $11.6 million; Sahara AI (SAHARA) will unlock approximately 133 million tokens at 8 AM Beijing time on November 27th, representing 1.33% of the total supply, worth approximately $10.4 million; and Jupiter (JUP) will unlock approximately 53.47 million tokens at 12 PM Beijing time on November 28th, representing 0.76% of the total supply, worth approximately $12.5 million. US Treasury Secretary Bessant: Government shutdown has caused a permanent $11 billion blow to US GDP. According to Jinshi News, U.S. Treasury Secretary Bessenter stated that the government shutdown caused a permanent $11 billion blow to U.S. GDP, but the overall economy is not facing the risk of recession. Michael Saylor posted a message saying "I won't give in," hinting that he will continue to increase his Bitcoin holdings. Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), posted "I will not give in" on the X platform, hinting at continued accumulation of Bitcoin, but has not yet released Bitcoin Tracker information. Based on past experience, Strategy typically discloses its Bitcoin holdings the day after a Saylor posts Bitcoin Tracker information. Michael Saylor's "Hold on This Week" poll has ended: 77.8% did not sell. Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, launched a "Hold on this week" poll on the X platform. The poll has now ended, with a total of 133,156 votes cast. 77.8% of the votes were for those who did not sell, while 22.2% were for those who did sell. Coinbase: MON allocation plan to be announced soon Coinbase announced on its X platform that its first token sale, MON, has been completed. 858,000 participants from over 70 countries joined the sale, resulting in an oversubscription of 1.43 times. The allocation plan will be announced soon, with an expected average allocation of $2,188, a median of $261, and a maximum of $57,157. As previously disclosed by Coinbase, the token sale will not use a first-come, first-served model but will utilize an algorithm for fair allocation. Monad (MON) will soon be listed on the Bybit spot trading platform. According to the official announcement, Bybit will list Monad (MON) on the spot market at 3 PM UTC on November 24th. Monad is a high-performance Layer 1 blockchain designed to address the scalability limitations of existing networks, especially Ethereum, while maintaining full compatibility with the Ethereum Virtual Machine (EVM). Binance: Users who fail to claim their KO will receive a refund of their Alpha Points. Binance announced that due to an airdrop system issue, some users who failed to claim the Kyuzos Friends (KO) airdrop were incorrectly displayed with a "claimed" status. Binance Alpha will fully refund Alpha points to all affected users. There will be no point deduction for this claim, and affected users do not need to take any further action. ProCap CIO: Bitcoin put option open interest (OI) volume was large at the end of December, and implied volatility returned to pre-ETF listing levels. Jeff Park, Chief Investment Officer of Bitcoin treasury firm ProCap and advisor at Bitwise, pointed out that Bitcoin's implied volatility has never exceeded 80% since the FTX crash. The closest it came was last March, when the spot Bitcoin ETF experienced continuous inflows, but the indicator has now returned to pre-ETF listing levels. According to data disclosed by Jeff Park, among Bitcoin options expiring on December 26, the $85,000 put option open interest (OI) is the largest, at approximately $1 billion, higher than the $125,000 call options ($620 million), $140,000 call options ($950 million), and $200,000 call options ($720 million). Bitwise CIO: ETH may lead a crypto market rebound; December Fusaka upgrade is a key catalyst. Bitwise Chief Investment Officer Matt Hougan points out that much information has been overlooked in the current chaotic market correction. For example, Ethereum's upcoming Fusaka upgrade (expected in December) will significantly enhance the token's value capture capabilities. This upgrade will also introduce the lowest fees for Layer 2 data recording. The market will soon begin to focus on the positive impact of Fusaka. It can be said that Fusaka is an undervalued catalyst and one of the reasons why Ethereum may lead a cryptocurrency rebound. Bloomberg: Bitcoin's decline foreshadows weak performance for risk assets at the end of the year, but growth momentum may emerge in 2026. A recent report from Bloomberg Intelligence points out that Bitcoin's recent decline and break below a key support level seem to indicate a weak year-end performance for risk assets. This indicator is currently inversely related to the volatility of the S&P 500, but momentum may pick up in 2026 as the current market downturn may have bottomed out and there is significant upside potential as Wall Street's position adjustments come to an end.

Author: PANews
Port3 launches token migration plan and burns over 160 million tokens.

Port3 launches token migration plan and burns over 160 million tokens.

PANews reported on November 24th that Port3 will launch a token migration plan, with all tokens migrating at a 1:1 ratio. A snapshot was taken immediately after the attack. The team will distribute tokens in bulk, providing 200 to 500 tokens as compensation to each user affected by the attack as of 20:56 UTC. The team is currently confirming the distribution method on CEXs; the new tokens will only be issued on the BNB Chain. By burning team tokens, the excess supply caused by the exploit will be completely offset, with a total of 162,750,000 PORT3 tokens burned to ensure the total supply remains unchanged. The team has patched the vulnerability; the hacker will not be able to obtain any new tokens or issue any new tokens from the new contract address (CA). Earlier yesterday, it was reported that Port3 Network was hacked and its BridgeIn vulnerability was exploited to issue new tokens, causing PORT3 to plummet 77.4% in 24 hours.

Author: PANews
Can ZCash Target New Highs After Sharp Fall This Week?

Can ZCash Target New Highs After Sharp Fall This Week?

Privacy coins are having their moment. ZCash led the charge with a thunderous 1,500% surge to $750. The rally caught fire after Gemini co-founder Tyler Winklevoss announced a $58.9 million investment in ZEC through Cypherpunk Technologies. But the party hit a wall. ZCash dropped 30% from its yearly high, and technical analysts are warning that […] The post Can ZCash Target New Highs After Sharp Fall This Week? appeared first on Live Bitcoin News.

Author: LiveBitcoinNews
Swift Concurrency—Part 1: Tasks, Executors, and Priority Escalation

Swift Concurrency—Part 1: Tasks, Executors, and Priority Escalation

Swift 6 introduces a new concurrency model built on async/await, actors, and cooperative multitasking to replace error-prone thread-based patterns. This article contrasts preemptive and cooperative multitasking, explains tasks and Task.detached, unpacks the cooperative thread pool and task priorities, and shows how suspension points and continuations make concurrent Swift code safer, more predictable, and easier to reason about.

Author: Hackernoon