Odaily Planet Daily News Bitcoin DeFi platform Alex Protocol suffered an attack on June 6, losing about $8.3 million, including 8.4 million STX, 21.85 sBTC, 149,800 USDC and 2.8 WBTC. The team said the attack was caused by a self-listing verification logic vulnerability and will fully compensate affected users in USDC through a structured claims process. Previously, in May 2024, Alex lost $4.3 million due to a cross-chain bridge hack.

Odaily Planet Daily News Cetus Protocol officials stated that the protocol will be fully restarted at 3:00 UTC on June 8, 2025. Previously, Cetuss CLMM pool was hacked, resulting in a large loss of tokens. After the restart, users will be able to access all Cetus functions, including trading, managing liquidity positions, adding/removing liquidity, and collecting fees and rewards. The liquidity recovery rate of the affected pools is between 85% and 99%. To make up for the losses, Cetus will allocate 15% of the token supply to compensate contracts, of which 5% will be available immediately upon restart and 10

Odaily Planet Daily News BiT Globals lawyers have withdrawn their lawsuit against Coinbase, which involved Coinbases delisting of the wrapped Bitcoin token wBTC just two months after launching the competing token cbBTC. Under the agreement, the two companies will pay their respective legal fees. BiT Global is a company backed by TRON founder Justin Sun, and once became a strategic partner with BitGo to provide wBTC wrapped Bitcoin tokens. The dismissal of the lawsuit means that the lawsuit will no longer be filed. (The Block)

Odaily Planet Daily News: Argentinas Anti-Corruption Office (OA) said that the countrys President Javier Milei acted in his personal capacity when promoting LIBRA and did not violate the countrys public ethics regulations. The investigation report pointed out: The promotional posts are not related to administrative actions, no public resources are allocated, and no institutional support is obtained. They should be interpreted as personal or private communication behaviors and do not produce any form of official public policy direction. Javier Milei initially promoted the Libra cryptocurrency on his personal X account to support small businesses and startups in Argentina. But at the peak of the tokens market value of more than $2 billion,

Odaily Planet Daily News: Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that there is a high probability that an actively traded Meme coin ETF will appear at some point in the future. First, the market will usher in a large number of active cryptocurrency ETFs (expected in winter 2025), but the active Meme coin ETF may not appear until 2026, and may even give birth to the next star fund management company.

Odaily Planet Daily reported that on June 7 local time, US President Trump said that if Tesla and SpaceX CEO Elon Musk funds Democratic candidates who oppose the Republican budget, he will face very serious consequences. Trump said: If he does this, he will pay a price for it. But he did not disclose specific measures. Trump added that he had no intention of repairing his relationship with Musk, I think this relationship is over. The two recently clashed publicly on social media over the Republican-led budget, and Trump said Musk has a great disrespect for the presidency. Previously, Musk posted on the social media platform X to criticize the US government for pushing

Odaily Planet Daily News: According to lookonchain monitoring, the wallet address 0xfa64 withdrew 340 BNB (about 218,000 US dollars) from the trading platform after being silent for 3 months, and used it to purchase 1.19 million BULLA tokens.

Odaily Planet Daily News Analysts pointed out that Bitcoin recently hit a record high of $112,000 and then fell back to below $105,000, raising doubts in the market whether the $150,000 target can be reached by the end of the year. Technical analysis shows that the weekly chart of Bitcoin shows a bearish RSI divergence similar to the top of the 2021 cycle, suggesting that it may face a correction of more than 50%, with a target price of about $64,000. Veteran trader Peter Brandt warned that Bitcoin needs to return to the parabolic trend line, otherwise it may end the current bull market cycle. However, some analysts are still optimistic about Bitcoin and believe that if the on-chain indicator NUPL/MVRV