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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $TQ $GOCHU $VELAAI $BUBB $XPRESS
Trending Coins🔥 $ZBCN $TQ $WCT $EIGEN $MXC
#FearGreedIndex# #TopGainers#
- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke
The blockchain forensics company AMLBot reveals a vulnerability in the USDT freezing mechanism that resulted in a loss of 78 million USD.
Gate.io News bot news, the blockchain forensics company AMLBot released a report revealing technical vulnerabilities in Tether's USDT freezing mechanism. According to Decrypt, due to latency between freeze requests and execution caused by multi-signature contracts, a total of over $78 million in funds has been lost across Ethereum and Tron networks since 2017.
Specific data shows that the losses on the Tron network reached $49.6 million, while the losses on the Ethereum network amounted to $28.5 million. The report indicates that 4.88% of blacklisted wallets completed 2-3 transactions during this latency period.
The security company PeckShield has confirmed the existence of the vulnerability and suggested to Tether to bundle the freeze requests with signatures into a single transaction to eliminate the time window. Currently, Tether has not responded to this incident.