Search results for "X"
Today
07:22

X cracks down on crypto scams: the first token issuance locks the account, and identity verification mechanisms are fully upgraded

Social platform X is rolling out a new risk-control mechanism to combat scams that promote fake tokens after accounts are taken over. The system will automatically detect abnormal behavior and require identity verification to reduce the spread of scams. However, this measure has sparked controversy because it may mistakenly flag legitimate users. This initiative shows that social platforms are shifting roles in the crypto ecosystem, and it needs to strike a balance between security and openness.
More
06:00

Drift has confirmed key information related to the exploit attack for the involved parties, and is sending an on-chain message to the wallet holding the stolen funds.

Drift on the X platform confirmed that it has obtained key information related to the exploit attack, and sent messages to the ETH wallets of the four stolen funds, saying it would like to talk. The attack caused at least $200 million in losses, and subsequent updates will be released after third-party attribution is completed.
More
ETH-0,48%
15:01

X rolls out a new anti–crypto phishing mechanism: token-issuance content accounts created for the first time will be automatically locked and required to verify

X platform product lead Nikita Bier announced that it will roll out new measures against crypto phishing scams. The account that is first to publish relevant content will be locked and will need to complete identity verification. It is expected to eliminate 99% of malicious actors’ motives. He also pointed out that Google failed to effectively block phishing emails.
More
14:21

Global X launches an Ethereum covered call options ETF, “EHCC”

Gate News, on April 2, the New York–based ETF provider Global X announced the launch of the Global X Ethereum Covered Call Options ETF (ticker: EHCC). The ETF uses an options strategy to provide exposure to Ethereum-related investments, aiming to generate returns without directly holding digital assets. Global X said this is its first fund created in connection with a cryptocurrency other than Bitcoin.
More
ETH-0,48%
BTC-0,34%
12:01

Wormhole Responds to Drift Protocol Attack: Users’ Assets Are Not at Risk, Some Solana Cross-Chain Transfers May Be Delayed

Gate News message, on April 2, Wormhole posted on the X platform in response to the Drift Protocol attack incident. Wormhole said that user assets are not currently at risk, and the cross-chain bridge functionality can still be used normally. However, due to the built-in security mechanisms configured for Solana, some cross-chain transfers may experience delays. Wormhole’s core contributors have been in communication with the Solana ecosystem team and will continue to provide support as needed.
More
05:30

Uniswap Founder: Centralized projects should not call themselves DeFi; there must be a clear distinction between CeFi and DeFi

Gate News message, April 2, Uniswap founder Hayden Adams posted on the X platform, saying that centralized projects must be prevented from calling themselves DeFi. He said that if a project has an admin key that can empty all funds, then the project is CeFi rather than DeFi. Hayden Adams emphasized that if this is not distinguished, DeFi will be meaningless and its brand will be destroyed. He also noted that any version of Uniswap does not have an admin key that can empty funds.
More
UNI0,73%
01:01

Jupiter Issues a Statement: It was not affected by the Drift security incident, and JLP is fully supported by underlying assets.

Jupiter on X confirmed it was not affected by the Drift security incident. Jupiter Lend is not related to the Drift market, and JLP is fully backed by underlying assets. Drift Protocol suffered a security incident, with losses totaling between $200 million and $270 million, half of which was stolen JLP assets.
More
JUP4,69%
BTC-0,34%
ETH-0,48%
SOL1,36%
15:01

Bitmine Chairman Tom Lee: High oil prices have limited impact on the U.S. economy, and most investors overlook opportunities amid the crisis

Gate News reports that on April 1, Tom Lee, chairman of the Ethereum treasury company Bitmine, stated on the X platform that, from the perspective of the major regional economic structure in the United States, high oil prices are not an absolute negative for the overall economy. Texas benefits from the energy industry, New York relies on public transportation to reduce sensitivity to oil price fluctuations, and Florida has relatively short commuting distances; these regions can, to some extent, buffer the impact of rising oil prices. Additionally, Tom Lee emphasized that the “crisis” itself contains both “danger and opportunity,” but most investors tend to focus only on risks and overlook potential opportunities.
More