BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

According to TradingBeats' monitoring, a large crypto whale took partial profits on its long positions in several crypto assets before shifting its new position direction to gold, opening a roughly $10 million short position in GOLD over the past three hours. As of press time, the position has a floating profit of around $55,000 and a liquidation price of approximately $7,247.2. Prior to this position adjustment, the whale closed its long positions in ZEC and NEAR, realizing a total trading profit of about $1.74 million.

Cloudflare (NET.N), a cloud services firm, said its CEO Matthew Prince posted that after a critical vulnerability was revealed in the widely used programming language PHP, the company has detected millions of attempts to exploit the flaw. Prince stated: "In the 10 hours before the vulnerability was publicly disclosed, we detected thousands of exploitation attempts across our network; within 45 minutes of the vulnerability being made public, that number jumped to tens of thousands; within two hours, it hit hundreds of thousands, and now it's in the millions." On Wednesday, after the PHP vulnerability was disclosed, website operators worldwide took urgent steps to secure their systems, which caused some government websites in Europe and other regions to go offline. (Jinshi)

Ethereum Institutional’s official X platform has published a job opening for an Asia-Pacific (APAC) Lead position based in Tokyo. The role will be responsible for establishing partnerships with Japanese banks, financial market infrastructure institutions, asset management firms, and corporates; planning and organizing conferences and information sessions for financial institutions and institutional investors; and driving Ethereum’s goal to become the infrastructure for the next generation of financial services.

According to Bitget market data, spot silver fell 3% on the day, now trading at $56.23 per ounce.

According to Bitget's market data, WTI crude oil has broken through $99 per barrel, rising nearly 2% intraday to trade at $99.06 per barrel.

According to Bitget market data, the Hang Seng Tech Index fell more than 5% in the afternoon, dropping below the 3800 mark. The Hang Seng Index declined over 3%, with Tianshu Zhixin and Zhipu down more than 9%, and Minimax falling 6.98%.