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Cobie aggregated addresses and transferred out $6.58 million worth of LDO, with multiple exchanges receiving large deposits

58 minutes ago

On June 2nd, on-chain analyst @EmberCN reported that multiple addresses linked to prominent crypto KOL and investor Jordan Fish (also known as Cobie) completed an asset consolidation, transferring a total of 20 million LDO tokens. At current market prices, that sum is valued at roughly $6.58 million. Over the next 30 minutes or so, those LDO tokens were steadily moved to centralized exchanges including Binance, OKX, and Kraken. Market participants typically see large token transfers to exchanges as a potential sell signal, so this move has sparked concerns about upcoming selling pressure on LDO. That said, on-chain data only shows the deposits at this stage—there’s no confirmation yet whether the tokens were sold or just transferred to reallocate funds. LDO is the governance token for Lido DAO, one of the largest staking protocols in the Ethereum ecosystem. Its price trend is often influenced by factors like ETH market sentiment, growth in Lido’s staking business, and shifts in whale holdings.
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Binance Alpha RateX (RTX) Second Round Airdrop Participation Threshold: 240 Alpha Points

June 2: Binance Alpha Official Announcement. The participation requirements for the second round of the RateX (RTX) airdrop have been released. To join, users must hold a minimum of 240 Alpha points. Entry into this event costs 15 points upfront, and this required point amount decreases by 5 points every minute. The event launched today at 3:00 PM.

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Bitunix Analyst: Middle East Shipping-Lane Control and FX Defense Battles Escalate in Tandem

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Bitget Launches Stock Contracts for Samsung Electronics, SK Hynix, Hyundai Motor

As of June 2nd, market data shows that SK Hynix—previously surging on AI-related hype—plunged over 10% within three hours during today’s early trading. Amid intensifying bull-and-bear battles in the market, Bitget has rolled out stock contracts for three top Korean stocks: Samsung, SK Hynix, and Hyundai, spanning the semiconductor memory, consumer electronics, and autonomous driving sectors respectively. All these contracts are settled in USDT, support up to 20x leverage, and allow investors to flexibly capitalize on market opportunities. For full details, please visit Bitget’s official platform.

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UXLINK attacker swaps 92 WBTC for approximately 3,248 ETH

Per Hupzy’s monitoring, on June 2, the UXLINK attacker is laundering stolen funds: swapping 92 WBTC (valued at roughly $6.4 million) for approximately 3,248 ETH, and depositing 1,500 ETH into Tornado Cash.

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Security Alert: Red Hat Cloud Service npm Package Endures Supply Chain Attack, Stolen Credentials Found in Over 300 GitHub Repositories

June 2, security firm SlowMist issued a security alert detecting an ongoing npm supply chain attack targeting packages related to @redhat-cloud-services. More than 31 affected packages have been confirmed, with roughly 11,600 weekly downloads. Over 300 GitHub repositories have had their credentials compromised. The attack tactics are highly similar to the previous "Shai-Hulud" npm attack, involving credential theft, creation of malicious repositories, and automated secret leakage. New suspicious repositories continue to emerge, indicating the attack remains active and developers are being continuously infected. Potential threats include GitHub/npm token theft, exposure of AWS/GCP/Azure cloud credentials, collection of SSH keys and Kubernetes secrets, leakage of local environment and wallet data, creation of malicious repositories, persistent operations, and even potentially destructive behavior after token revocation. It is recommended to immediately remove or downgrade versions of th

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Bitcoin Falls Below $70,000 Mark, 24-hour Decline of 3.97%

Per HTX market data, Bitcoin dipped below the $70,000 mark on June 2nd for the first time in 56 days, posting a 3.97% decline over the 24-hour period leading up to this update.

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