Hackers return 1inch most of the funds US government cryptocurrency will be audited
Reprinted from jinse
03/09/2025·2MHeadlines
▌Most of the funds have been returned after 1inch was hacked, and the two parties reached a vulnerability bounty agreement
According to a post-report from Decurity, 1inch's $5 million stolen funds 1inch has been returned after negotiations with the hacker, and the hacker retained a portion as a vulnerability bounty. The attack originated from a vulnerability in the Fusion v1 smart contract. The main impact was the use of outdated versions of the parser, and the funds of ordinary users were not affected. According to Odaily, 1inch discovered a vulnerability in the Fusion v1 smart contract on March 5, and hackers used the vulnerability to steal funds. 1inch has called on relevant parsers to immediately audit and update the contract to prevent similar incidents from happening again.
David Sacks: U.S. government cryptocurrency holdings to be audited
Cryptocurrency Tsar David Sacks said the U.S. government's cryptocurrency holdings will be audited "to find out what digital assets we actually own."
Quotes
As of press time, according to Coingecko data,
BTC's recent transaction price is US$86,201.61, up and down +0.7% intraday;
ETH's latest transaction price is US$2,198.16, with an intraday increase and decrease of +3.5% ;
BNB's recent transaction price is US$590.77, with an intraday increase and decline of -0.2% ;
SOL's latest transaction price is US$137.78, with an intraday increase and decline of -0.4% ;
DOGE's recent transaction price is US$0.1926, with an intraday increase and decrease of -2.0% ;
XPR's recent transaction price is US$2.34, with an intraday increase and decrease of -0.8 % .
policy
▌Texas creates Bitcoin Reserve Fund, the first state-owned crypto fund in U.S. history
The Texas Senate passed SB 21 to create the Texas Bitcoin Reserve Fund, the first state-run crypto fund in U.S. history. Lieutenant Governor Dan Patrick called it a big step forward and in line with President Trump’s vision to make the United States a global cryptocurrency leader. Texas is leading the process. The reserve will hold BTC and other top cryptocurrencies with a market cap threshold of more than $500 billion. A new advisory committee will oversee its development. This is not just a national initiative – it is the national cryptocurrency policy being formed.
▌Michael Saylor shares “100 trillion US dollars” crypto strategy at the White House summit
Sailer said that by establishing a clear digital asset regulatory framework, the United States can unleash up to $100 trillion in economic value over the next decade. He divided digital assets into four categories: digital tokens, digital securities, digital currencies and digital commodities, and Bitcoin belongs to this category. Sailer suggests that by 2035, the United States should receive 5%-25% of the total Bitcoin supply, thereby generating $16 to $81 trillion in revenue by 2045.
▌ Nexo collaborates with Sphere to change cross-border payments in Latin America
Digital asset platform Nexo announced a strategic partnership with Sphere, a provider of scalable blockchain solutions, to drive the development of the cross-border payment landscape in Latin America. The collaboration aims to provide fast, low-cost, and regulatory-compliant solutions. According to Cointelegraph, the cooperation aims to help make international commercial payments more convenient.
▌U.S . and European authorities seized Garantex's domain name and frozen its $26 million assets
U.S. and European authorities seized Garantex's domain name and frozen its $26 million assets, accusing the Russian-linked cryptocurrency exchange laundered billions of dollars for cybercriminals and sanctioned entities. Two executives, Aleksej Besciokov and Aleksandr Mira Serda, were charged for money laundering conspiracy, and Besciokov also faces additional sanctions violations. Garantex allegedly handled $96 billion worth of cryptocurrency transactions, including ransomware and dark web drug sales.
Blockchain application
▌Brazil Postal Service seeks blockchain and artificial intelligence solutions
Brazilian state-owned postal service company Empresa Brasileira de Correios e Telégrafos has launched a pre-select process to recruit companies and experts in the fields of blockchain and artificial intelligence (AI) to develop solutions for its logistics and operations management. “We want to foster a collaborative and dynamic process to find AI and blockchain solutions for our business, operations and recruitment challenges,” the company announced.
Cryptocurrency
▌The most loss-making address on Cocoro was cleared and sold 2 hours ago, with a loss of US$317,000
According to EmberCN monitoring, the new pet cocoro Meme coin of Doge prototype Shiba Inu owner Cocoro completed a round of ups and downs in 12 hours. A certain address bought Cocoro near the highest point last night and sold it 2 hours ago, becoming the address that has achieved the most losses on Cocoro. The whale purchased 6.4 million Cocoros for an average price of US$0.0836 last night, and lost $317,000 (-59%) at US$0.0338 2 hours ago.
▌Salvador has purchased more than 13 bitcoins since March 1
Although the International Monetary Fund (IMF) has put pressure on the country's public sector to stop accumulating such decentralized store of value assets, El Salvador has purchased 13 bitcoins since March 1. According to the El Salvador Bitcoin Office, the country's Bitcoin library holds a total of more than 6,105 BTC, worth more than $527 million at current prices.
▌Bitcoin hash price fell from USD 56.73 last month to USD 49.81/PH/s
According to Bitcoin.com News, Bitcoin hash value has been hit hard. - Hash price fell from $56.73 last month to $49.81/PH/s - Miners made a profit of $1.24 billion in February, but the situation in March is not optimistic - mining difficulty will rise by about 1.29% on March 9. Unless BTC prices or fees rise, the future will be very difficult!
▌The ECB plans to establish CBDC by October 2025
The ECB plans to establish a CBDC by October 2025.
Important economic trends
Mark Cuban: Federal spending cuts may trigger economic downturn
Mark Cuban recently expressed concerns about the U.S. economic outlook, warning that sharp federal spending cuts could have a chain reaction to the overall economy, ultimately leading to a recession.
▌Analysts: Trump 's plan to reduce the size of the government may impact tourism, triggering economic chain reaction
Melius Research analysts pointed out in a report that the Trump administration's push to reduce the size of the administration could have a negative impact on the tourism industry and the broader U.S. economy. United Airlines recently said its government business has weakened since the November U.S. presidential election. However, analysts also pointed out that airlines rely on government operations, which account for less than 2% of United's revenue, while Delta's about 1%. “The question is whether weak government operations will affect other parts of the economy,” analysts wrote. “It’s hard to judge at the moment, but there are obviously growing concerns about how this impact will be controlled.”
▌White House: The United States will become the world 's Bitcoin superpower, and the golden age has begun
According to BlockBeats, the official account of the White House of the United States X said, "The United States will become the world's Bitcoin superpower. The golden age of the United States has begun!" [Original link] farcaster comment
Golden Encyclopedia
▌What is DeFAI
DeFAI combines DeFi's decentralized financial ecosystem with artificial intelligence-driven analysis and automation. DeFAI is still in its early stages, focusing mainly on momentum trading similar to memecoins, so there is still a lot of room for rapid development. DeFAI represents a turning point in the Crypto asset industry.
Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.
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