Security Incidents

Investigation found that 7 associated accounts on a certain prediction market platform made precise bets against U.S. airstrikes over the past two years, accumulating profits of approximately $1 million, allegedly involving insider trading.

Fraud networks leverage the trust generated by war-related content to promote crypto scams. Through synchronized operations and deception, they exploit international events to mislead users into participating in fraudulent activities, resulting in significant profits for the scammers.

Golden Finance reported that the Resolv Foundation announced on the X platform that due to a recent security incident involving Resolv Labs' stablecoin USR, with both the protocol and applications now suspended, the Season 4 airdrop claiming function is temporarily unavailable. Additionally, the staking and unstaking functions for RESOLV tokens are also temporarily unavailable. Once the protocol recovery plan is finalized and the application can be safely used again, these functions will be restored.

Police arrest a suspect linked to the kidnapping case of David Balland, co-founder of Ledger. The criminal group committed violence against him and his partner to extort bitcoin. International cooperation has intensified efforts to combat violent crimes targeting cryptocurrency, reminding holders to enhance security awareness.

Balancer Labs, the parent company of the well-known liquidity protocol Balancer, has announced it will cease operations. The shutdown follows a hacker attack in November that resulted in a $128 million loss, leaving the company unable to continue operations. Co-founder emphasized that the protocol will continue to exist and plans to restructure, concentrating resources on core products. The coming year will be critical.

Spain arrests suspect in Ledger co-founder kidnapping case, Aave v4 receives nearly unanimous support to proceed with mainnet deployment, while Russia allows Bitcoin and other cryptocurrencies to enter the market, and multiple central banks will increase gold holdings to address geopolitical risks.

Israeli reservist Raz Cohen has been indicted for leaking classified information about the "Iron Dome" air defense system to Iran, involving critical operational data and personal information of security personnel. The case has drawn attention, highlighting the risks of adversarial intelligence exploiting encrypted communications and cryptocurrencies.

DeFi protocol Balancer is gradually shutting down operations following a million hack, citing lack of sustainable revenue and legal risks. The future will be maintained by the DAO. Founders will exit, and the restructuring plan will halt token issuance, highlighting the challenges of the old model.

Israeli reserve soldier Raz Cohen was charged with leaking "Iron Dome" air defense system secrets to Iran in exchange for 1,000 US dollars in cryptocurrency. Cohen transmitted 27 critical documents in a short period, including system operations and base locations, revealing vulnerabilities and risks in current intelligence penetration, and highlighting the role of social media and cryptocurrency payments in criminal activities.

Haliey Welch, the social media influencer, popularly known as the “Hawk Tuah girl,” said that the implosion of the “HAWK” memecoin, which she promoted in 2024, and the ensuing social backlash “traumatized” her. “I got talked into doing something that I didn't know anything about, really, but

KOL "Moonlight" mentioned that Network3 blockchain project founder Rock took his own life due to pressure, emphasizing the multiple pressures entrepreneurs face. Friend Cai Si recalled that Rock had an optimistic personality, but in a market centered on token launches, honest individuals often face backlash. According to Suji Yan's disclosure, Rock's pre-death stress may have been related to the behavior of market maker Web3Port, which led to multiple token price crashes.

The U.S. FBI New York office has warned blockchain users to be vigilant against counterfeit FBI tokens and to avoid providing personal information. This scam uses the TRON network to send fake tokens, using intimidation tactics to lure victims to phishing websites. Users should be careful not to click on suspicious websites or submit personal information.

Resolv Labs proposed a settlement plan requiring the attacker to return 90% of approximately $25 million in stolen funds within 72 hours, with the option to retain 10% as an incentive. If the attacker does not comply, escalated measures such as asset freezing, public disclosure of addresses, and legal action will be taken. The incident was caused by the attacker exploiting stolen private keys to illegally mint USR tokens, leading to losses. Affected users should suspend trading and coordinate recovery through official channels.

ZachXBT exposed a scam network operating on the X platform that used fake news and meme coin manipulation to make six-figure profits in a short period, while creating market panic. The investigation revealed that these accounts systematically posted exaggerated or false war-related news to attract user attention before promoting fraudulent tokens. ZachXBT called on users to remain vigilant, recommending they check account history before engaging to avoid becoming scam victims.

Prediction market platform Kalshi has implemented measures prohibiting political candidates and known sports participants from placing bets on related markets. This move reflects regulatory concerns about insider trading and comes alongside bills proposed by both Democratic and Republican parties attempting to ban event contracts similar to sports betting. Kalshi's CEO has voiced strong opposition to the legislation, characterizing it as an action to protect casino interests. If passed, the bill would impact multiple prediction market platforms, with the core dispute centering on the allocation of regulatory authority.

The development company behind DeFi protocol Balancer, Balancer Labs, has announced its closure due to reasons including imbalanced financial structure and legal risks. Despite the shutdown, the protocol will continue to be operated by the Balancer Foundation and DAO. Recent security vulnerability attacks have caused its TVL to drop from a peak of $3.3 billion to approximately $158 million, a decline of over 95%. The future will involve redesigning the token economic model and operational architecture to promote sustainable development of the protocol.

Taiwan fugitive Lin Bing-wen was shot and killed in Sihanoukville, Cambodia, in what appears to be a revenge killing. Lin assisted the 88 Club in money laundering worth 21.7 billion, conducting underground transactions using PGTalk points. The case broke in 2018. His death highlights the risks in Southeast Asia's gray zones, with the Criminal Investigation Bureau still investigating related cases.

Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with executives proposing continuation of the protocol under a leaner, more cost-effective structure. “After careful consideration, I h

A 39-year-old woman from Hong Kong met a man through a dating app who claimed to be an employee of a new energy company. They later developed a romantic relationship on WhatsApp. The man lured her into investing in cryptocurrency on a fraudulent platform, causing her to transfer over 5.5 million Hong Kong dollars within two months before he disappeared. Hong Kong police have received 15 similar fraud cases involving a total amount of nearly 10 million Hong Kong dollars.