Author: John Smith
Aster price rally has pulled back in the past two days, moving from last week’s high of $2.2738 to $2. This crash has happened despite the ongoing surge in its key metrics, which have jumped to a record high and flipped Hyperliquid. Summary Aster has pulled back to $2 after hitting $2.27 last week, even as on-chain and trading metrics hit record highs. The perpetual futures exchange—backed by Binance founder Changpeng Zhao—handled over $571 billion in weekly volume, surpassing rival Hyperliquid, which saw activity drop to $49 billion. Fees on Aster jumped to $109 million, while total value locked rose…
Discord disclosed a security incident where an unauthorized party compromised one of its third-party customer service providers. Summary The incident highlights the growing security risks posed by third-party service providers, even for major platforms with strong internal safeguards. While Discord’s core systems remain unaffected, the exposure of user data—including contact details, limited billing information, and ID images—underscores how support-related vulnerabilities can still lead to serious privacy concerns and potential phishing threats. The hackers gained access to personal information from users who had contacted customer support or trust and safety teams. The breach did not directly compromise Discord’s systems, and no…
Plasma price moved into a bear market after its recent airdrop, even as its transactions and assets in its decentralized finance surge. Summary Plasma’s sharp price decline highlights a growing disconnect between on-chain fundamentals and market sentiment. Despite surging network activity, soaring DeFi deposits, and a new partnership with Chainlink, the token’s post-airdrop selloff underscores how short-term profit-taking and liquidity dynamics can overshadow strong project performance. The coming weeks will test whether Plasma’s fundamentals can stabilize investor confidence and spark a recovery. Plasma price plunged despite ecosystem growth Plasma (XPL) token slipped below a crucial support level at $1 and…
FTX, the bankrupt cryptocurrency exchange launched by disgraced entrepreneur Sam Bankman-Fried, issued warnings about phishing scams targeting its creditors. Summary FTX warns of phishing scams targeting third creditor payout round. Fake Kroll emails mimic official updates to steal logins and wallet access. Users reminded FTX won’t ask to connect external wallets for payouts. The third round began on September 30, distributing approximately $1.6 billion to remaining bankruptcy claimants. Scammers are impersonating Kroll Settlement Administration and the FTX Recovery Trust through fraudulent emails designed to steal user credentials and cryptocurrency. FTX’s official account posted examples of fake communications that mimic legitimate…