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GMX Hacker has now swapped all assets to ETH except for FRAX, indicating a rejection of the white-hat proposal put forth by GMX.

11 hours ago

On July 10th, according to on-chain data analyst Yujin, the GMX hacker has successfully completed the conversion of the assets stolen from the GMX V1 pool into ETH. The stolen assets consist of WBTC/WETH/UNI/FRAX/LINK/USDC/USDT. Currently, all assets except FRAX have been sold and converted into 11,700 ETH (approximately 32.33 million) and distributed into 4 wallets for storage. The GMX hacker now holds 11,700 ETH and 10.495 million FRAX through 5 wallets, with a total value of $42.8 million. This operation also indicates that the hacker has rejected the GMX team's proposal to return the assets in exchange for a 10% white-hat bounty.
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YZi Labs Announces Strategic Investment in Blockchain Infrastructure Platform Aspecta

On July 10th, according to official information, YZi Labs made a strategic investment in the blockchain infrastructure platform Aspecta. This platform offers price discovery and lifecycle liquidity for illiquid assets such as pre-IPO stocks, locked tokens, private equity, and risk-weighted assets.

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Stablecoin startup Agora has completed a $50 million Series A funding round, with Paradigm leading the investment.

On July 10th, according to Fortune magazine, the stablecoin startup Agora has successfully completed a Series A funding round worth $50 million, with Paradigm taking the lead. It is reported that Agora intends to utilize this funding to promote the development of its native stablecoin, AUSD. AUSD is a cryptocurrency that is pegged to assets like the US dollar. Additionally, Agora offers white-label services, enabling other companies to launch their own branded versions of AUSD while reaping the benefits of the stablecoin's interoperability and liquidity advantages.

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Glassnode: Bitcoin's current price surge is driven by the influx of bulls, with open interest rising accordingly

On July 10th, Glassnode announced in a post that during the recent Bitcoin (BTC) rally to $11.2k, short-sellers were once again affected. However, this time, active buying interest was also noticed. In contrast to the substantial decrease in Open Interest (OI) of futures contracts during the late June rally, this time the OI positions actually rose - suggesting that new long positions were entering the market rather than just short covering driving the rally.

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The 1inch team has withdrawn 4.12 million 1INCH tokens from the Investment Fund to the blockchain and transferred 2 million USDT to Binance.

On July 10th, according to Ashes Monitor. Two hours ago, the investment fund of the 1inch team purchased 4.12 million 1INCH ($880,000) to the withdrawal address and then transferred another 2 million USDT to Binance, possibly with the intention of continuing to purchase 1INCH.

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PENGU Short-Term Breakout Above $0.02, Surges Over 34% in 24 Hours

On July 10th, according to HTX market data, PENGU briefly rose above $0.02 and is now trading at $0.0198, with a 24-hour increase of 34.65%.

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Kinto: Network Vulnerability Identified, Comprehensive Investigation Underway

On July 10th, officials from Kinto declared that they have identified a network vulnerability that impacts the deployment of the K token on the Arbitrum chain. As of now, other funds bridged to the Kinto network within users' wallets are in a safe state. Seal 911, Hypernative, Venn, Zeroshadow, and other institutions are actively collaborating in a comprehensive investigation.

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