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BSC On-chain MSCST Project Suffers Flash Loan Attack, Loses Approximately $130,000

2 hours ago

On December 29, BlockSec Phalcon monitoring detected that an unknown MSCST smart contract on the BSC network was hit by a flash loan attack, with estimated losses totaling around $130,000. The vulnerability stemmed from missing access control (ACL) in the contract’s `releaseReward()` function, which allowed the attacker to manipulate the price of the GPC token in the PancakeSwap liquidity pool (0x12da).
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Russian Police Detain 7 Power Company Employees for Allegedly Assisting Illegal Cryptocurrency Mining Causing Around $129,000 in Damages

December 29th — Russian police have detained seven employees of Rosseti Moscow Region, suspected of aiding illegal cryptocurrency mining operations in the Moscow region. The detained individuals held positions ranging from regular electricians to senior engineers. Investigators stated the power company employees provided paid "services" to illegal mining farms, including artificially lowering electricity meter readings, helping to bypass regulations, and giving advance notice of inspections. According to Russia’s Ministry of Internal Affairs, preliminary economic damage from these activities totals approximately 10 million rubles. (Bits Media)

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Galaxy Digital has transferred approximately 447 bitcoins to a CEX today

On December 29, Arkham Data reports Galaxy Digital moved approximately 447 Bitcoins (BTC) to crypto exchanges Bybit and Bitstamp. Notably, the firm hasn’t made a large Bitcoin transfer of this size in roughly one month — its last comparable move occurred 30 days prior.

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Bitdeer Increases Holdings to 1.5 BTC, Total Holdings Reach 1998.3 BTC

December 29 — According to monitoring data from BitcoinTreasuries.NET, Singapore-listed Bitcoin mining firm Bitdeer Technologies (ticker: BTDR) has increased its Bitcoin holdings by 1.5 BTC, bringing its current total holdings to 1,998.3 BTC.

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View: Bitcoin Returns to $90,000 Driven by Technicals, No New Catalyst in Sight

December 29 — Presto Research researcher Rick Maeda noted that Bitcoin’s push back above $90,000 is primarily driven by technical factors, not a single new catalyst. “The $90,000 level was a clear resistance zone, and once Bitcoin found its footing, it likely triggered short covering and momentum-fueled buying pressure,” he said. Kronos Research Chief Information Officer Vincent Liu echoed this view, stating Bitcoin rebounded after a period of consolidation at a technical support level — with that “key level now flipped back to a support level.” Bitrue Head of Research Andri Fauzan Adziima added that Bitcoin’s upward momentum reflects technical relief tied to options expirations and altcoin-led correlation. He also noted over $1 billion in ETF outflows (linked to tax loss harvesting and broader de-risking) weighed on Bitcoin in December, which “essentially traded within a range of $86,500 to $90,000.” (Source: The Block)

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Lighter's Pre-Market Fully Diluted Valuation (FDV) is $3.4 billion, with the corresponding event probability on Polymarket being only 47%.

On December 29, market data shows Lighter (LIT) is trading at $3.423 in pre-market, with a corresponding fully diluted valuation (FDV) of $34.23 billion. Meanwhile, Polymarket odds put the probability of Lighter (LIT)’s FDV topping $30 billion one day post-listing at just 47%. As of press time, total funds staked on this prediction have hit $50.4 million.

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This morning, the RVV team deposited tokens worth approximately $870,000 into a CEX, and RVV saw a one-day price increase of over 30%.

On December 29, monitoring data from onchainschool.pro indicates the RVV team transferred approximately $870,000 worth of tokens to a centralized exchange (CEX) around 2 a.m. this morning. Such token transfers have been frequent over the past month. As of press time, RVV has surged 31.37% in the past 24 hours, with a market capitalization of $86.45 million.

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