Analyst: PORT3 hackers profited $166,000
according to on-chain analyst Yu Jin's monitoring, 3 hours ago, a hacker exploited the PORT3 bridge vulnerability to mint an additional 1 billion PORT3 tokens and sold them on the chain, causing the price of PORT3 to drop by 76%. The hacker sold 162.75 million PORT3 tokens in exchange for 199.5 BNB, worth 166,000 USD. Subsequently, the PORT3 project team removed on-chain liquidity, and some centralized exchanges suspended PORT3 deposits. 40 minutes ago, the hacker burned the remaining 837.25 million unsold PORT3 tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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JPMorgan believes that the current rebound in U.S. Treasury bonds was triggered by the spillover of the European debt crisis and the sharp plunge in the Nasdaq, rather than an improvement in U.S. fundamentals. Despite ongoing chatter about "de-dollarization," foreign demand for long-term U.S. Treasuries has actually reached historic highs. The 10-year yield has entered the key resistance range of 4.94%-5.02%, but tech stocks have become the dominant variable influencing treasury yields. Until there are clear signs of stabilization or even bottoming in the risk asset markets, it is not recommended to go against the trend and short the current rebound.
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