DeepFlowTech

According to BlockSec Phalcon disclosure, the HandlerV1 contract managed by Hyperbridge has a replay vulnerability on the Ethereum network, resulting in a loss of approximately $242k.
Attackers exploited this vulnerability to change the DOT Token administrator and mint additional tokens, with specific losses including $237.4k in DOT and $3,800 in ARGN.
The vulnerability was discovered by PhalconSecurity.

Writing by: Thejaswini M A
Translated by: Saoirse, Foresight News
I've never fully believed in this system. Not because I think I'm smarter than anyone else, but because those who shout the loudest about decentralization are often the ones most eager to funnel your money into their ecosystems. Throughout history, this kind of combination has never been a good sign.
But I’ve still been watching. You have to watch too, because this is truly the most exciting show right now. The entire industry is built on the radical idea of "trustless currency," yet almost everyone involved is untrustworthy. Irony is everywhere.
Now, just as all obvious truths eventually become common knowledge, people are gradually reaching a conclusion — and some of us have known all along: decentralization has always been more of a performance than a genuine belief. Harvesting "foolish money" is the real goal.

The Genius team, based on community feedback, has added a "Refund" airdrop option, allowing users to destroy all GENIUS airdrop shares within 48 hours after the TGE to receive a refund of net fees. The refund only covers fees charged by Genius; third-party fees are not included in the refund. Users can choose to hold or apply for a refund at their discretion.

TRON founder Justin Sun accuses Trump's family DeFi project WLFI of hiding a freeze-backdoor, causing the tokens he invested in to be frozen. The dispute remains unresolved, and Sun is believed to have experienced a shift in perspective after going to space, but in reality, it may be more due to a strong desire to defend rights. The summary suggests that the change in behavior is unrelated to going to space and is more a rational response to economic interests being damaged.

The U.S. government has announced a full blockade of the Strait of Hormuz starting April 13, prohibiting all ships entering or leaving Iran to cut off its oil revenue and reverse its economic advantage. This move will impact cryptocurrencies and global oil prices, although Iran may continue to export oil by escalating conflicts and relying on Chinese support, and market risks will persist.

The report indicates that stablecoins are mainly used for crypto trading and liquidity support within the financial ecosystem, with less than 1% actually used for payments. Although payment giants plan to support stablecoin technology, their payment applications are still in the early stages and need to address issues such as interoperability and compliance.

The valuation of tech stocks is rapidly compressing, with the forward price-to-earnings ratio of the S&P 500 Information Technology sector dropping from 40 times during the AI boom to 20 times, returning to previous levels. The triple pressures of Middle East conflicts, doubts about AI investment returns, and slowing profit growth have led to a revaluation of tech giants. At the individual stock level, companies like NVIDIA and Microsoft are showing divergent performance, and debates about an AI bubble are intensifying. Investors need to pay attention to whether capital expenditures can generate corresponding profit returns.