🤑 $128M Crypto Heist: Balancer’s Blunder Forks Berachain! 🪙

A trifling oversight in Balancer V2’s smart contracts-a faulty access control check, if you will-allowed these ne’er-do-wells to withdraw funds with impunity. How quaint! 🤦♂️

A trifling oversight in Balancer V2’s smart contracts-a faulty access control check, if you will-allowed these ne’er-do-wells to withdraw funds with impunity. How quaint! 🤦♂️
By late October, the market cap of these tokenized treasures soared to $8.6 billion, a leap from $7.4 billion in mid-September. BlackRock’s BUIDL, the leading man of this financial opera, parades with $2.85 billion. Circle’s USYC ($866 million) and Franklin Templeton’s BENJI ($865 million) follow like supporting actors. Fidelity’s fledgling MMF, the new kid on the block, bursts onto the stage with $232 million.
The number of unique addresses sending or receiving ETH has plummeted like a confused penguin in a snowstorm, from 480,000 in mid-August to 363,000 by October 26. That’s a 24% drop-enough to make a spreadsheet weep. Or maybe just a sentient spreadsheet.
Bitcoin ETFs, poor things, bore the brunt, suffering a staggering loss of $946 million. Meanwhile, Solana just stood there, cool as a cucumber, attracting a record $421 million in inflows. You’d think Solana was handing out free lattes with its blockchain or something. ☕
In a recent X post (because who doesn’t love a good rant on social media?), Wind declared that XRPL validators are treating amendments like they’re picking out socks-casually and without much thought. 🧦 But hey, it’s not like a bad amendment could, you know, break the entire network or anything. No biggie. 😅

Now, about that lovable SHIB: Yes, it has tumbled from the lofty heights of $0.00001018 down to a more dismal $0.00000951. It’s closing in on a support zone that has seen more action than a soap opera in October. In case you missed it, Bitcoin also decided to drop faster than a lead balloon-not that anyone is paying much attention to it anymore.

Chifoi took to X on November 2 and said Bitcoin is basically rewinding the 2022 chaos. Back in March 2022, when the FED started hiking rates like it was a game show, BTC was chilling near $46k. By June? BTC hit rock bottom at $17k-because who needs a six-figure savings when you can have a two-digit one? 😂
According to the blockchain sleuths at Lookonchain, someone made off with a cool $70.6 million in assets faster than I can say “Boss Bitch.” 🕵️♀️ The heist, which went down at 7:48 AM UTC, has left the crypto community clutching their pearls and double-checking their wallets. But wait, there’s more! PeckShieldAlert chimed in like the uninvited guest at a party, revealing the total haul exceeded $128 million across multiple blockchains. 🎉🤑

Apparently, $0.18 is the magic number, the line in the sand, the last slice of pizza at a party. Hold it, and we’re off to the races. Lose it, and we’re back to chasing our tails. 🐕💨