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The ALEX protocol on Stacks was hacked, resulting in a loss of 8.37 million USD! The foundation promises full compensation.

The ALEX DeFi protocol based on the Stacks blockchain was compromised due to a logic vulnerability, losing nearly $8.4 million. The ALEX Foundation responded quickly and promised full compensation. (Synopsis: Ethereum Pectra upgrades "hacker flip", Wintermute warns: EIP-7702 automates the deployment of a large number of contracts) (Background supplement: Microstrategy open-chain reserve proof PoR, Michael Saylor: public address is too stupid, making hackers easy to snipe) ALEX, a decentralized financial protocol based on the Stacks blockchain, was hacked on the 6th due to a self-listing logic vulnerability $8.37 million in funds stolen. ALEX
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Pump.fun is selling coins again! It is expected to distribute profits to PUMP Token holders.

The Solana meme coin platform Pump.fun plans to issue PUMP tokens and distribute a portion of the revenue to token holders and creators. The platform is valued at up to $4 billion, with a goal of raising $1 billion. Revenue distribution will use a dual-track mechanism, with 50% of trading revenue distributed to PUMP holders in the form of SOL. The public sale will take place in about two weeks, and the overall market outlook is promising.
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Inside the White House leaks details of the "breakup" between Musk and Trump: Elon is accused of drug use and threatening to form a new political party to impeach the president.

The recent contradictions between Musk and Trump have attracted attention, and the Wall Street Journal also exposed in detail the beginning and end of the incident between the two from close allies to breaking up as enemies in a report yesterday (6), and pointed out that Musk threatened to form a new political party to impeach Trump. (Synopsis: Musk's devastating revelation: Trump is on the list of "lustful rich" Loli Island sex crimes, which is deliberately concealed by the White House) (Background supplement: Musk impeached Trump: The big and US tax law is disgusting; Trump threatens to cut Tesla's lifeline, Tesla's stock price plunges 14%) Recently, a surprising dispute that swept the White House made Elon Musk, the world's richest man, and US President Donald Trump instantly turn their faces from allies. According to the Wall Street Journal, White House insiders revealed that behind this "breakup" not only involved drug allegations, personnel disputes and fierce verbal confrontations, but even Musk threatened,
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Trump angrily scolded Musk for "losing his mind": doesn't want to talk to him, wants to sell the red TSL..TSL rebounded 6%

According to "ABC News", Trump responded to Musk's fierce criticism in a telephone interview yesterday (6), bluntly saying that Musk "lost his mind" and said that he "doesn't want to" talk to Musk at present. In addition, Trump said he is considering giving away or selling the red Tesla vehicle he bought to support Musk. (Synopsis: Musk and Trump's relationship is like jumping off a building, three reasons to break up) (Background supplement: Trump will talk to Musk as soon as tonight, Musk also revealed his willingness to reconcile, just start the war and reconcile? U.S. President Donald Trump and Tesla founder Elon Musk have recently publicly feuded over the "Big Beautiful Bill" tax and spending bill promoted by Trump, and the relationship between former allies has taken a sharp turn for the worse, which has attracted great attention from the outside world. The two are fierce on social platforms
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Source of faith after the hack: Why does SUI still have long-term rise potential?

After the attack on Cetus on SUI, let's make a comprehensive understanding of SUI. This article is jointly published by Aquarius Capital and Klein Labs, especially thanks to the NAVI Protocol, Bucket Protocol and other ecological projects and Comma3 Ventures for their technical guidance and support in the research process. How will the Sui Foundation release the $160 million frozen from hackers? (Background added: What do the victims of the Cetus hack think?) The Sui team demanded a commitment to "full repayment" with two key conditions (TL); The DR 1.Cetus vulnerability stems from the contract implementation, not the SUI or Move language itself: This attack is fundamentally based on the boundary correction of arithmetic functions in the Cetus protocol
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EU MiCA "2026 Comprehensive Reach for Defi" Operators Struggle, How Will It Affect Taiwan's Regulatory Direction?

After the EU MiCA regulation came into effect, regulatory attention turned to DeFi, and "decentralization" was defined as a difficult problem, and Taiwan also faced similar challenges and localization considerations when referring to MiCA legislation, testing regulatory wisdom. (Synopsis: Liquidate your Crypto without paying taxes!) South Korea gives an ultimatum to 17 tax-owed cryptocurrency nationals) (Background supplement: 2025 latest "Cryptocurrency investor tax filing regulations: what is the difference between domestic and foreign income, virtual currency losses can be recognized as losses? The world's first comprehensive regulation for crypto asset markets, the European Union's Markets in Crypto-Assets Regulation (MiCA), came into effect at the end of 2024, bringing a unified compliance framework to the fast-growing crypto industry. However, just as market participants gradually
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Paris Saint-Germain's Champions League victory "$PSG big dump", why did the fan token become a market harvesting machine?

Paris Saint-Germain won the Champions League, and the official fan token $PSG fell instead, revealing the phenomenon of "selling facts" in the crypto market and the volatility of fan tokens. (Synopsis: Liquidate your Crypto without paying taxes!) South Korea gives an ultimatum to 17 tax-owed cryptocurrency nationals) (Background supplement: 2025 latest "Cryptocurrency investor tax filing regulations: what is the difference between domestic and foreign income, virtual currency losses can be recognized as losses? Paris Saint-Germain FC managed to reach the top last weekend (31) by beating Inter Milan in the Champions League final. It was supposed to be a glorious moment for the team and supporters, but for investors who held the official Paris Saint-Germain fan token $PSG, the victory brought an unexpected loss in asset value. Not only did the price of the tokens of the champion team fall, but the Inter Milan fan token $INTER of the losing streak also fell sharply. This one
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Encryption tax is moving towards "global reporting"! Switzerland approves sharing of encryption income information with 74 countries.

The Swiss Federal Council passed a bill that will automatically exchange crypto asset tax information with 74 countries, increasing global tax transparency. (Synopsis: Liquidate your Crypto without paying taxes!) South Korea gives an ultimatum to 17 tax-owed cryptocurrency nationals) (Background supplement: 2025 latest "Cryptocurrency investor tax filing regulations: what is the difference between domestic and foreign income, virtual currency losses can be recognized as losses? Switzerland, as a global financial center, is taking an important step towards tax transparency in the cryptocurrency sector. The Swiss Federal Council recently passed a draft bill to establish a mechanism for the automatic exchange of crypto-asset-related tax information with 74 partner countries around the world. The act, which is expected to take effect in 2026 and the first data exchange scheduled for 2027, is expected to have a broad impact on the global cryptocurrency market and investors. Expansion of global exchange of tax information
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The relationship between Musk and Trump seems like a free fall ride, with three unavoidable reasons for their breakup.

In the political circus of the 21st century, there is nothing more blood-pumping than the drama of "strongman combination", and nothing is more dumbfounded than their reversal and breakup. (Synopsis: Musk impeached Trump: The big beautiful tax law is disgusting; Trump threatens to cut Tesla's lifeline, Tesla stock price plunges 14%) (Background added: Trump will talk to Musk as soon as tonight, Musk also revealed his willingness to reconcile, just start the war and reconcile? Elon Musk and Donald Trump, one a tech madman who wants to shoot humans onto Mars, and the other a real estate tycoon who wants to make America "great again", their seemingly indestructible brotherhood finally staged an earth-shattering breakup in June. Their feelings are like the jumping machine (free fall) commonly used in Chinese dry films, which rises to the highest point at once, making fans think that they have seen the domination of the universe and the earth
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Metaplanet launches Asia's largest Bitcoin equity financing: aims to buy $5.4 billion BTC to own 1% of the supply.

Metaplanet today announced a high-profile plan to launch the largest Bitcoin-focused equity financing package in Asian history, targeting to raise 770.9 billion yen (US$5.4 billion). (Synopsis: Japan Micro Strategy" Metaplanet announced that its hotel changed its name to "Bitcoin Hotel" and invested in bitcoin stock price soared 4000% in a year) (Background supplement: BTC stock speculation god of war" Metaplanet rose 1017% to become the best performing Japanese stock in 2024, can set off a wave of corporate bitcoin snapping? Japanese investment firm Metaplanet today (6) announced a high-profile plan to launch the largest Bitcoin-focused equity financing package in Asian history, aiming to raise 770.9 billion yen (about $5.4 billion).
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China solves the "Hyperliquid Money Laundering Case": the method is similar to James Wynn, intentionally losing money to launder it to the opposing party.

Chinese law enforcement authorities have detected cases of using the Hyperliquid platform's highly leveraged mechanism to launder money, which they believe exists, highlighting the challenges of DeFi regulation and risk control. (Synopsis: James Wynn broke the contract just 2 hours after quitting the contract!) Open another 40 times BTC long order, and also beg the community for a deposit) (Background supplement: a weekly loss of more than $60 million) James Wynn: I still have more money than you, and my monthly passive income exceeds yours for a year) Chinese law enforcement agencies have recently uncovered a number of cryptocurrency money laundering cases using decentralized trading platform Hyperliquid. Since March 2025, at least three such cases have been detected, and criminals have cleverly used the high leverage and forced liquidation mechanism provided by the platform to "launder" illegal funds by creating false trading losses. Analysis of money laundering methods: transfer of funds under high leverage
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Yuga Labs proposes to dissolve the ApeCoin DAO: governance is inefficient and slow, and the newly established ApeCo strengthens ecological development.

The CEO of Yuga Labs today proposed to dissolve ApeCoin DAO and transfer assets to a new entity, ApeCo, in order to improve efficiency but raise concerns about centralization. (Synopsis: Bored Ape (BAYC) floor price "fell below 10 ETH" evaporated 93% from the all-time high, can NFT belief be rekindled? (Background supplement: Brother Maji wants BAYC and MAYC to attack the museum!) Proposal to smash 11 million ApeCoin to buy Yuga Labs assets, issue SGD $DAM) Yuga Labs CEO Greg Solano put forward a major proposal on the 5th, proposing to dissolve the two-year-old ApeCoin DAO and transfer its assets to a new entity directly controlled by Yuga Labs, ApeCo. The main goal of this move is to address existing DAO governance
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Uber considers allowing passengers to use "crypto asset payment" for the third time: stablecoins have great potential!

Uber's CEO revealed that it is actively evaluating the integration of stablecoins into its app payment system, with the goal of significantly reducing cross-border transaction costs. (Synopsis: Uber self-driving "Cruise" will go online early next year, does Tesla have a chance to win?) (Background supplement: Beautiful man hitched a ride on "drug-fake Uber" in London to control his mind, and his wallet was stolen $120,000 in cryptocurrency) Global ride-hailing and delivery giant Uber is evaluating the integration of stablecoins into its vast global payment system, the third time since 2021 that the company has publicly expressed strong interest in cryptocurrency payment options. CEO pro-explanation: stablecoins are attractive Uber CEO Dara Khosrowshahi at the Bloomberg Technology Conference (Bloomberg Tech in San Francisco on the 5th
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James Wynn is not performing anymore? Self-proclaimed idiot gambler who lost 100 million dollars posted a Hyperliquid rebate link.

Leverage whale James Wynn posted an article explaining his recent trading experience after closing his position in Bitcoin this morning and posting a link to Hyperliquid's commission. (Synopsis: James Wynn broke the contract just 2 hours after quitting the contract!) Open another 40 times BTC long order, and also beg the community for a deposit) (Background supplement: A loss of more than $60 million a week" James Wynn: I'm still richer than you, and my monthly passive income is more than you for a year) James Wynn, a leveraged whale who flipped $4 million to $100 million in just one month with a contract with high leverage, closed his position during the decline in bitcoin this morning, losing a total of $20.48 million. Having failed several times in a row, he has gone from making a lot of profits to losing money. Posted an account of recent trading experience by James Wynn
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