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Interview | Stablecoin security is a race against time: Immunefy CEO
Crypto.NewsOct 30, 2025, 08:23 PM
Mitchell Amador, CEO of Immunefi, explains what security firms are racing to prevent the next billion-dollar exploit in stablecoins. As crypto marches toward mainstream adoption, stablecoins are becoming the financial backbone of the on-chain economy. But while capital continues to…
Garden Finance denies $5.5M hack as ZachXBT shares on-chain evidence
BitRSSOct 30, 2025, 08:00 PM
Garden Finance says user funds are safe after reports of a $5.5m exploit, but on-chain data and ZachXBT’s findings suggest the breach may go beyond a single compromised solver.
Garden Finance denies $5.5M hack as ZachXBT shares on-chain evidence
AMBCryptoOct 30, 2025, 07:35 PM
Garden Finance says user funds are safe after reports of a $5.5m exploit, but on-chain data and ZachXBT’s findings suggest the breach may go beyond a single compromised solver.
25% of Garden Finance Funds Linked to Stolen Assets, ZachXBT Reveals
CryptoNews.comOct 30, 2025, 05:55 PM
Garden Finance suffered an exploit exceeding $10.8 million across multiple blockchain networks, with on-chain sleuth ZachXBT revealing that over 25% of the platform’s historical activity involved funds stolen from the platform.The breach adds scrutiny to a Bitcoin bridge already facing allegations of facilitating North Korean money laundering operations.An address linked to Garden’s team sent an on-chain message to the alleged exploiter offering a 10% white-hat bounty, though the company has not issued a public statement. All freezeable assets were quickly converted by the attacker through addresses 0x98***D12 on EVM chains and WZy4***JCH on Solana.Source: Telegram/ZachXBTPattern of Stolen Funds Predates Security BreachDays before the exploit, ZachXBT publicly criticized Garden Finance for ignoring victims seeking fee refunds after the platform processed funds from major hacks, including the Bybit exploit and Swissborg incident. The investigator estimated that more than one-quarter of Garden’s total volume came from illicit sources, with the platform earning six-figure profits from these flows between April and July 2025 alone.The criticism targeted Garden co-founder Jaz Gulati, who had recently celebrated the platform’s growth since its launch two years ago as an evolution of Ren Protocol. ZachXBT stated, “I sincerely hope a government puts your team in prison with Diddy next cycle for ignoring victims like Bybit after >25% funds bridged are stolen funds.“When questioned about his stance on permissionless protocols, ZachXBT distinguished Garden from Tornado Cash, noting that only Tornado Cash had passed his decentralization test, as the technology continued to operate after sanctions and arrests. Tornado is the only one of these three that passes my test of being decentralized so the devs have my support (tech continued operating just fine after sanctions / their arrests) Thorchain has a larger organic userbase than Garden.Garden raised the swap limit to 10 BTC…— ZachXBT (@zachxbt) October 28, 2025 He criticized Garden for raising its swap limit to 10 BTC earlier this year, which enabled large-scale abuse by illicit entities, while the team remained silent on returning profits from these transactions.Money Laundering Infrastructure Spans Eight YearsAccording to a detailed investigation on X, Garden Finance operates as the successor to Ren Protocol, founded in 2017 as Republic Protocol in Australia by Taiyang Zhang, Loong Wang, and Jaz Gulati. The original venture raised $67 million through a $33 million ICO and $34 million from venture capital, later rebranding as Ren Protocol and launching RenVM in 2020. This platform facilitated over $13 billion in Bitcoin transactions through bridges during the DeFi boom.Alameda Research acquired Ren in 2021 for $700,000 per quarter, integrating the protocol into Solana’s ecosystem. However, FTX’s collapse in late 2022 forced Ren’s shutdown, leaving $12 million in user Bitcoin stranded. Ren Protocol and Garden Finance are linked to over $540M launderedZachXBT calls both “money washing machines”The reality is even worse:2017: the beginning•founded in Australia as Republic Protocol by Taiyang Zhang, Loong Wang, and Jaz Gulati•promised “private… pic.twitter.com/2PhIdqhj3L— StarPlatinum (@StarPlatinumSOL) October 28, 2025 Former Ren developers, led by Susruth Nadimpalli and Gulati, launched Garden Finance in 2023, claiming to offer “the next generation of Bitcoin transfers” through atomic swaps, which enable 30-second BTC transactions.Blockchain intelligence firm Elliptic reported that Ren processed over $540 million in illicit funds between 2020 and 2025, with the protocol used by the Conti and Ryuk ransomware groups, as well as North Korea’s Lazarus Group. ZachXBT traced 25 separate hacks that funneled through RenBridge, which served as the preferred path for converting stolen Ethereum into anonymous Bitcoin, ultimately leading Binance to delist REN due to reputational risk.North Korean Operations Dominate Platform ActivityEvidence suggests over 75% of Garden’s total volume originated from stolen funds, with $160 million moving through the platform within 48 hours of the $1.4 billion Bybit hack. Garden earned over $300,000 in fees from these flows while liquidity remained controlled by a single dominant node, contradicting claims of decentralization.The laundering pattern follows a consistent path, where stolen Ethereum is swapped for Bitcoin via Garden on Arbitrum or Base networks, mixed through Coinbase’s cbBTC, and then chain-hopped into Solana for the final exit. ZachXBT documented 16 wallets connected to the Bybit hack, executing synchronized six- and seven-figure swaps within minutes, and accused Garden of covering Lazarus Group activity through what he called “blockchain illiteracy” and “willful blindness.”Crypto investigator Tayvano escalated the accusations by alleging that DPRK-based hackers were actively conducting money laundering through Garden. Chat, it’s DPRK.It’s funds stolen from people, projects, protocols in this industry. Stolen from your friends.Its funds stolen to keep the North Korean regime in power & enable them to live their lives of luxury at the expense of North Korean citizens and the world at large. https://t.co/yVCyxSWN1P— Tay (@tayvano_) October 24, 2025 During a heated exchange with Gulati, she stated that the company was undoubtedly aware of DPRK-related discrepancies, yet it did not take user safety or compliance seriously.North Korean hackers stole over $1.3 billion across 47 incidents in 2024 and $2.2 billion in the first half of 2025 alone, funding the regime’s weapons program through elaborate money laundering networks.The post 25% of Garden Finance Funds Linked to Stolen Assets, ZachXBT Reveals appeared first on Cryptonews.
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Garden Finance suffered an exploit exceeding $10.8 million across multiple blockchain networks, with on-chain sleuth ZachXBT revealing that over 25% of the platform’s historical activity involved funds stolen from the platform.The breach adds scrutiny to a Bitcoin bridge already facing allegations of facilitating North Korean money laundering operations.An address linked to Garden’s team sent an on-chain message to the alleged exploiter offering a 10% white-hat bounty, though the company has not issued a public statement. All freezeable assets were quickly converted by the attacker through addresses 0x98***D12 on EVM chains and WZy4***JCH on Solana.Source: Telegram/ZachXBTPattern of Stolen Funds Predates Security BreachDays before the exploit, ZachXBT publicly criticized Garden Finance for ignoring victims seeking fee refunds after the platform processed funds from major hacks, including the Bybit exploit and Swissborg incident. The investigator estimated that more than one-quarter of Garden’s total volume came from illicit sources, with the platform earning six-figure profits from these flows between April and July 2025 alone.The criticism targeted Garden co-founder Jaz Gulati, who had recently celebrated the platform’s growth since its launch two years ago as an evolution of Ren Protocol. ZachXBT stated, “I sincerely hope a government puts your team in prison with Diddy next cycle for ignoring victims like Bybit after >25% funds bridged are stolen funds.“When questioned about his stance on permissionless protocols, ZachXBT distinguished Garden from Tornado Cash, noting that only Tornado Cash had passed his decentralization test, as the technology continued to operate after sanctions and arrests. Tornado is the only one of these three that passes my test of being decentralized so the devs have my support (tech continued operating just fine after sanctions / their arrests) Thorchain has a larger organic userbase than Garden.Garden raised the swap limit to 10 BTC…— ZachXBT (@zachxbt) October 28, 2025 He criticized Garden for raising its swap limit to 10 BTC earlier this year, which enabled large-scale abuse by illicit entities, while the team remained silent on returning profits from these transactions.Money Laundering Infrastructure Spans Eight YearsAccording to a detailed investigation on X, Garden Finance operates as the successor to Ren Protocol, founded in 2017 as Republic Protocol in Australia by Taiyang Zhang, Loong Wang, and Jaz Gulati. The original venture raised $67 million through a $33 million ICO and $34 million from venture capital, later rebranding as Ren Protocol and launching RenVM in 2020. This platform facilitated over $13 billion in Bitcoin transactions through bridges during the DeFi boom.Alameda Research acquired Ren in 2021 for $700,000 per quarter, integrating the protocol into Solana’s ecosystem. However, FTX’s collapse in late 2022 forced Ren’s shutdown, leaving $12 million in user Bitcoin stranded. Ren Protocol and Garden Finance are linked to over $540M launderedZachXBT calls both “money washing machines”The reality is even worse:2017: the beginning•founded in Australia as Republic Protocol by Taiyang Zhang, Loong Wang, and Jaz Gulati•promised “private… pic.twitter.com/2PhIdqhj3L— StarPlatinum (@StarPlatinumSOL) October 28, 2025 Former Ren developers, led by Susruth Nadimpalli and Gulati, launched Garden Finance in 2023, claiming to offer “the next generation of Bitcoin transfers” through atomic swaps, which enable 30-second BTC transactions.Blockchain intelligence firm Elliptic reported that Ren processed over $540 million in illicit funds between 2020 and 2025, with the protocol used by the Conti and Ryuk ransomware groups, as well as North Korea’s Lazarus Group. ZachXBT traced 25 separate hacks that funneled through RenBridge, which served as the preferred path for converting stolen Ethereum into anonymous Bitcoin, ultimately leading Binance to delist REN due to reputational risk.North Korean Operations Dominate Platform ActivityEvidence suggests over 75% of Garden’s total volume originated from stolen funds, with $160 million moving through the platform within 48 hours of the $1.4 billion Bybit hack. Garden earned over $300,000 in fees from these flows while liquidity remained controlled by a single dominant node, contradicting claims of decentralization.The laundering pattern follows a consistent path, where stolen Ethereum is swapped for Bitcoin via Garden on Arbitrum or Base networks, mixed through Coinbase’s cbBTC, and then chain-hopped into Solana for the final exit. ZachXBT documented 16 wallets connected to the Bybit hack, executing synchronized six- and seven-figure swaps within minutes, and accused Garden of covering Lazarus Group activity through what he called “blockchain illiteracy” and “willful blindness.”Crypto investigator Tayvano escalated the accusations by alleging that DPRK-based hackers were actively conducting money laundering through Garden. Chat, it’s DPRK.It’s funds stolen from people, projects, protocols in this industry. Stolen from your friends.Its funds stolen to keep the North Korean regime in power & enable them to live their lives of luxury at the expense of North Korean citizens and the world at large. https://t.co/yVCyxSWN1P— Tay (@tayvano_) October 24, 2025 During a heated exchange with Gulati, she stated that the company was undoubtedly aware of DPRK-related discrepancies, yet it did not take user safety or compliance seriously.North Korean hackers stole over $1.3 billion across 47 incidents in 2024 and $2.2 billion in the first half of 2025 alone, funding the regime’s weapons program through elaborate money laundering networks.The post 25% of Garden Finance Funds Linked to Stolen Assets, ZachXBT Reveals appeared first on Cryptonews.
US Prosecutors Challenge Crypto Policy Arguments in MEV Bot Trial
BitRSSOct 30, 2025, 04:31 PM
US prosecutors oppose Coin Center's involvement in the MEV bot trial, arguing that crypto policy debates do not belong in court. The trial involves two brothers accused of a $25 million Ethereum exploit. (Read More)
Garden Finance Reportedly Loses Over $10.8 Million in Hacking Incident
BitRSSOct 30, 2025, 04:31 PM
Garden Finance’s $10.8 million hack came just days after being linked to money laundering, adding irony to the breach. With uncertainty around total losses and chains affected, the platform’s response highlights crypto’s persistent vulnerability to exploits. The post Garden...
Garden Finance Reportedly Loses Over $10.8 Million in Hacking Incident
BeInCryptoOct 30, 2025, 04:12 PM
Garden Finance recently suffered a hack, with at least $10.8 million in reported losses. Crypto sleuth ZachXBT identified the hacks just days after calling out the platform for facilitating money launderers. This isn’t the first time a similar incident has occurred in the crypto space. Earlier this year, THORChain enabled North Korean hackers to launder funds, but they stole from THORChain’s founder a few months later. Garden Suffers Major Hack Earlier this week, Garden Finance announced that it had bridged over $2 billion in tokens, but several prominent sleuths accused it of money laundering. ZachXBT claimed that over 25% of its traffic came from illicit sources, while Tayvano alleged that DPRK-based criminals were using it en masse. It’s ironic, then, that those same investigators already have another reason to address the company. Earlier today, ZachXBT reported that Garden suffered a $10.8 million hack: “Garden Finance was likely exploited for $10.8M+ on multiple chains. An address related to the team sent a message onchain to the alleged exploiter offering a 10% whitehat bounty. A few days ago, I pointed out…how Garden Finance was ignoring victims,” he claimed via Telegram. His initial message mentioned only $5.8 million in losses before it was revised to a substantially higher number. The edit also claimed that “all freezable assets were quickly swapped.” In other words, it’s unclear exactly how much Garden lost in this hack, but the damage is significant. Garden itself claimed that the hack compromised multiple blockchains, but it only mentioned Arbitrum directly. The firm also said that “assets have been taken from us,” rather than suggesting that user funds were a primary target. For the moment, we don’t have any more details about the attack’s technical specifications. An Ironic Misfortune Still, all things considered, Garden isn’t the first company to suffer an ironic hack like this. THORChain, for example, was accused of laundering money from hackers on several occasions, including from North Korea’s feared Lazarus Group. DPRK-based criminals then stole $1.3 million from THORChain’s founder a few months later. Incidents like this generally don’t encourage white hat crimefighters to investigate these cases. Besides, if it’s impossible to freeze any stolen assets, what could they even do? Community investigators could assemble evidence for future prosecution, but that may be totally impractical. Ultimately, Garden Finance will have to hope that its 10% bounty incentivizes the hackers to cooperate. Otherwise, it’ll be difficult to get much closure beyond an analysis of the breach itself. The post Garden Finance Reportedly Loses Over $10.8 Million in Hacking Incident appeared first on BeInCrypto.
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Garden Finance recently suffered a hack, with at least $10.8 million in reported losses. Crypto sleuth ZachXBT identified the hacks just days after calling out the platform for facilitating money launderers. This isn’t the first time a similar incident has occurred in the crypto space. Earlier this year, THORChain enabled North Korean hackers to launder funds, but they stole from THORChain’s founder a few months later. Garden Suffers Major Hack Earlier this week, Garden Finance announced that it had bridged over $2 billion in tokens, but several prominent sleuths accused it of money laundering. ZachXBT claimed that over 25% of its traffic came from illicit sources, while Tayvano alleged that DPRK-based criminals were using it en masse. It’s ironic, then, that those same investigators already have another reason to address the company. Earlier today, ZachXBT reported that Garden suffered a $10.8 million hack: “Garden Finance was likely exploited for $10.8M+ on multiple chains. An address related to the team sent a message onchain to the alleged exploiter offering a 10% whitehat bounty. A few days ago, I pointed out…how Garden Finance was ignoring victims,” he claimed via Telegram. His initial message mentioned only $5.8 million in losses before it was revised to a substantially higher number. The edit also claimed that “all freezable assets were quickly swapped.” In other words, it’s unclear exactly how much Garden lost in this hack, but the damage is significant. Garden itself claimed that the hack compromised multiple blockchains, but it only mentioned Arbitrum directly. The firm also said that “assets have been taken from us,” rather than suggesting that user funds were a primary target. For the moment, we don’t have any more details about the attack’s technical specifications. An Ironic Misfortune Still, all things considered, Garden isn’t the first company to suffer an ironic hack like this. THORChain, for example, was accused of laundering money from hackers on several occasions, including from North Korea’s feared Lazarus Group. DPRK-based criminals then stole $1.3 million from THORChain’s founder a few months later. Incidents like this generally don’t encourage white hat crimefighters to investigate these cases. Besides, if it’s impossible to freeze any stolen assets, what could they even do? Community investigators could assemble evidence for future prosecution, but that may be totally impractical. Ultimately, Garden Finance will have to hope that its 10% bounty incentivizes the hackers to cooperate. Otherwise, it’ll be difficult to get much closure beyond an analysis of the breach itself. The post Garden Finance Reportedly Loses Over $10.8 Million in Hacking Incident appeared first on BeInCrypto.
Vitalik Buterin Makes Waves by Selling Another Memecoin
BitRSSOct 30, 2025, 10:00 AM
Vitalik Buterin sold unsolicited CAT coins, affecting their market value. His actions reflect disinterest in memecoins and ongoing market exploitation. Continue Reading:Vitalik Buterin Makes Waves by Selling Another Memecoin The post Vitalik Buterin Makes Waves by Selling Another Memecoin...
Crypto News Today, October 30 – Flush In The Market After FOMC Meeting, Bitcoin Price Retested $108K: Is The Dip Over? New Best Crypto To Buy
99bitcoinsOct 30, 2025, 09:50 AM
The crypto market traded mixed on Wednesday as traders digested the aftermath of the latest FOMC meeting and repositioned ahead of key macro data. .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } Bitcoin BTC $109,063.22 3.39% Bitcoin BTC Price $109,063.22 3.39% /24h Volume in 24h $75.22B ? --> Price 7d // Make SVG responsive jQuery(document).ready(function($) { var svg = $('.cwp-graph-container svg').last(); if (svg.length) { var originalWidth = svg.attr('width') || '160'; var originalHeight = svg.attr('height') || '40'; if (!svg.attr('viewBox')) { svg.attr('viewBox', '0 0 ' + originalWidth + ' ' + originalHeight); } svg.removeAttr('width').removeAttr('height'); svg.css({'width': '100%', 'height': '100%'}); svg.attr('preserveAspectRatio', 'xMidYMid meet'); } }); Learn more extended its pullback, falling 1.8% to around $108,000, while .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } Ethereum ETH $3,827.38 4.46% Ethereum ETH Price $3,827.38 4.46% /24h Volume in 24h $34.59B ? --> Price 7d // Make SVG responsive jQuery(document).ready(function($) { var svg = $('.cwp-graph-container svg').last(); if (svg.length) { var originalWidth = svg.attr('width') || '160'; var originalHeight = svg.attr('height') || '40'; if (!svg.attr('viewBox')) { svg.attr('viewBox', '0 0 ' + originalWidth + ' ' + originalHeight); } svg.removeAttr('width').removeAttr('height'); svg.css({'width': '100%', 'height': '100%'}); svg.attr('preserveAspectRatio', 'xMidYMid meet'); } }); Learn more held firm near $3,900. Despite the volatility, some traders are rotating capital into promising altcoins, searching for the new best crypto to buy before the next market leg higher. People need to relax a little on being so damn bearish. $BTC is in a uptrend still, nothing saying we aren't. pic.twitter.com/VNaZvuJHsO — VikingXBT (@VikingXBT) October 30, 2025 Across the board, roughly $590 million in liquidations occurred in the past 24 hours, mostly from overleveraged long positions. Meme coins and Layer 1 tokens, however, bucked the broader weakness: PUMP and OFFICIAL TRUMP led memecoin gains, while Zcash (ZEC) and Hedera (HBAR) outperformed among base-layer projects. Long-time Bitcoin holder Owen Gunden transferred 2,587.6 BTC (worth around $290 million) to Kraken in less than 10 days. On-chain analysts interpret the sale as a rare case of profit-taking from one of Bitcoin’s earliest adopters, signaling cautious sentiment even among veteran investors. Meanwhile, Bloomberg reports that Fight Fight Fight LLC, issuer of the Trump-linked memecoin, is in talks to acquire the U.S. business of crowdfunding platform Republic, a deal that could expand the token’s role in startup fundraising and payments. EXPLORE: Best New Crypto to Buy in 2025 Altcoin Spotlight: Hyperliquid Leads The Race While Traders Look For The Best New Crypto To Buy Among standout performers, Hyperliquid (HYPE) continues to dominate DeFi headlines after a 110% rebound since mid-October. Trading near $49, the token is closing in on its all-time high of $59. Analysts highlight its strong fundamentals, over $111 million in fee revenue this month, a $644 million buyback program, and a rapidly expanding on-chain ecosystem. If momentum holds above $48, HYPE could break toward the $55–$60 range in the coming weeks, supported by growing adoption of its HyperEVM technology and dominance in decentralized derivatives. Market Cap 24h 7d 30d 1y All Time As volatility cools post-FOMC, investors are eyeing utility-driven ecosystems like Hyperliquid, Hedera, and Solana — each emerging as potential leaders in the ongoing search for the new best crypto to buy heading into November. DISCOVER: What is WET Token? Solana’s HumidiFi DEX to ICO in November – Next 100X Crypto? 13 hours ago Garden Finance Hit by $10 Million Hack By Fatima Cross-chain DeFi project Garden Finance fell victim to a suspected exploit, draining over $10 million in assets. Blockchain investigator ZachXBT first flagged the incident, revealing the team sent an on-chain message to the attacker proposing a 10% white-hat bounty for full fund return. No public statement has been issued by the project. ZachXBT further disclosed that roughly 25% of Garden Finance’s historical fund flows involve stolen assets, with ties to prior hacks on Bybit and Swissborg. (Source: Telegram) 16 hours ago SOL USD Drops After Chinese Police Raid Solana Event in Shenzhen By Fatima Solana community event in Shenzhen, China, was abruptly shut down earlier this week after local police arrived to investigate overcrowding, according to the South China Morning Post. SOL USD has tumbled 2.2% today and is now trading under $200, with the latest FUD from China not helping matters. The gathering was part of the Solana Accelerate APAC series and took place on Tuesday (October 28), before being cut short when officers entered the venue and promptly sent everyone home. Market Cap 24h 7d 30d 1y All Time Solana Hackathon in China Shut Down for Exceeding Capacity Organizers said the site had exceeded capacity and canceled the final hackathon “for public safety.” The police presence, however, caused unease among attendees, who expressed concerns online that the intervention reflected broader scrutiny of crypto activities in mainland China. The incident came after remarks from senior officials at the People’s Bank of China earlier in the week. Authorities stated they would continue working with law enforcement to clamp down on cryptocurrency trading and “speculative behavior.” Read The Full Article Here 18 hours ago US-China Summit Yields Major Economic and Security Deal By Fatima At a high-profile meeting between President Donald Trump and Chinese President Xi Jinping, China committed to purchasing large quantities of U.S. farm products and energy, agreed to continue supplying critical minerals, and pledged to cooperate with the U.S. to stop the flow of fentanyl. Trump highlighted the strengthened U.S.–China ties and emphasized the economic benefits for America, while also praising support from other Asia-Pacific nations and expressing optimism about the future. 18 hours ago JellyJelly Crypto Coming Back +50% Today: Is This The Best Crypto to Buy Now? By Fatima It’s been a wildly good day for JellyJelly crypto. The coin suddenly shot up by over 50%, rising to around $0.13 as of the time this is being written. Degens in the Solana community can’t stop talking about it, and some are already calling it the best crypto to buy now. The move seems to show how fast confidence can return to meme-style tokens, especially when the whole Solana ecosystem is coming back again. What’s interesting about JellyJelly crypto is that it’s not just another meme. It’s tied to a short video app that rewards on-chain users, giving it a bit more utility than most. Market cap passed $130 million today, while daily volume spiked past $32 million, about three times its recent average and a good number considering how empty and depressing the current market is. Market Cap 24h 7d 30d 1y All Time According to some JellyJelly members, whale wallets were spotted stacking up during the rally. One trader even posted that this might be “the first Solana meme comeback worth chasing.” Whether it’s hype or momentum, JellyJelly crypto is back on a lot of watchlists as possibly the best crypto to buy now in short-term plays. Or is it? DISCOVER: 10+ Next Crypto to 100X In 2025 Read The Full Article Here The post Crypto News Today, October 30 – Flush In The Market After FOMC Meeting, Bitcoin Price Retested $108K: Is The Dip Over? New Best Crypto To Buy appeared first on 99Bitcoins.
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The crypto market traded mixed on Wednesday as traders digested the aftermath of the latest FOMC meeting and repositioned ahead of key macro data. .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } Bitcoin BTC $109,063.22 3.39% Bitcoin BTC Price $109,063.22 3.39% /24h Volume in 24h $75.22B ? --> Price 7d // Make SVG responsive jQuery(document).ready(function($) { var svg = $('.cwp-graph-container svg').last(); if (svg.length) { var originalWidth = svg.attr('width') || '160'; var originalHeight = svg.attr('height') || '40'; if (!svg.attr('viewBox')) { svg.attr('viewBox', '0 0 ' + originalWidth + ' ' + originalHeight); } svg.removeAttr('width').removeAttr('height'); svg.css({'width': '100%', 'height': '100%'}); svg.attr('preserveAspectRatio', 'xMidYMid meet'); } }); Learn more extended its pullback, falling 1.8% to around $108,000, while .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } Ethereum ETH $3,827.38 4.46% Ethereum ETH Price $3,827.38 4.46% /24h Volume in 24h $34.59B ? --> Price 7d // Make SVG responsive jQuery(document).ready(function($) { var svg = $('.cwp-graph-container svg').last(); if (svg.length) { var originalWidth = svg.attr('width') || '160'; var originalHeight = svg.attr('height') || '40'; if (!svg.attr('viewBox')) { svg.attr('viewBox', '0 0 ' + originalWidth + ' ' + originalHeight); } svg.removeAttr('width').removeAttr('height'); svg.css({'width': '100%', 'height': '100%'}); svg.attr('preserveAspectRatio', 'xMidYMid meet'); } }); Learn more held firm near $3,900. Despite the volatility, some traders are rotating capital into promising altcoins, searching for the new best crypto to buy before the next market leg higher. People need to relax a little on being so damn bearish. $BTC is in a uptrend still, nothing saying we aren't. pic.twitter.com/VNaZvuJHsO — VikingXBT (@VikingXBT) October 30, 2025 Across the board, roughly $590 million in liquidations occurred in the past 24 hours, mostly from overleveraged long positions. Meme coins and Layer 1 tokens, however, bucked the broader weakness: PUMP and OFFICIAL TRUMP led memecoin gains, while Zcash (ZEC) and Hedera (HBAR) outperformed among base-layer projects. Long-time Bitcoin holder Owen Gunden transferred 2,587.6 BTC (worth around $290 million) to Kraken in less than 10 days. On-chain analysts interpret the sale as a rare case of profit-taking from one of Bitcoin’s earliest adopters, signaling cautious sentiment even among veteran investors. Meanwhile, Bloomberg reports that Fight Fight Fight LLC, issuer of the Trump-linked memecoin, is in talks to acquire the U.S. business of crowdfunding platform Republic, a deal that could expand the token’s role in startup fundraising and payments. EXPLORE: Best New Crypto to Buy in 2025 Altcoin Spotlight: Hyperliquid Leads The Race While Traders Look For The Best New Crypto To Buy Among standout performers, Hyperliquid (HYPE) continues to dominate DeFi headlines after a 110% rebound since mid-October. Trading near $49, the token is closing in on its all-time high of $59. Analysts highlight its strong fundamentals, over $111 million in fee revenue this month, a $644 million buyback program, and a rapidly expanding on-chain ecosystem. If momentum holds above $48, HYPE could break toward the $55–$60 range in the coming weeks, supported by growing adoption of its HyperEVM technology and dominance in decentralized derivatives. Market Cap 24h 7d 30d 1y All Time As volatility cools post-FOMC, investors are eyeing utility-driven ecosystems like Hyperliquid, Hedera, and Solana — each emerging as potential leaders in the ongoing search for the new best crypto to buy heading into November. DISCOVER: What is WET Token? Solana’s HumidiFi DEX to ICO in November – Next 100X Crypto? 13 hours ago Garden Finance Hit by $10 Million Hack By Fatima Cross-chain DeFi project Garden Finance fell victim to a suspected exploit, draining over $10 million in assets. Blockchain investigator ZachXBT first flagged the incident, revealing the team sent an on-chain message to the attacker proposing a 10% white-hat bounty for full fund return. No public statement has been issued by the project. ZachXBT further disclosed that roughly 25% of Garden Finance’s historical fund flows involve stolen assets, with ties to prior hacks on Bybit and Swissborg. (Source: Telegram) 16 hours ago SOL USD Drops After Chinese Police Raid Solana Event in Shenzhen By Fatima Solana community event in Shenzhen, China, was abruptly shut down earlier this week after local police arrived to investigate overcrowding, according to the South China Morning Post. SOL USD has tumbled 2.2% today and is now trading under $200, with the latest FUD from China not helping matters. The gathering was part of the Solana Accelerate APAC series and took place on Tuesday (October 28), before being cut short when officers entered the venue and promptly sent everyone home. Market Cap 24h 7d 30d 1y All Time Solana Hackathon in China Shut Down for Exceeding Capacity Organizers said the site had exceeded capacity and canceled the final hackathon “for public safety.” The police presence, however, caused unease among attendees, who expressed concerns online that the intervention reflected broader scrutiny of crypto activities in mainland China. The incident came after remarks from senior officials at the People’s Bank of China earlier in the week. Authorities stated they would continue working with law enforcement to clamp down on cryptocurrency trading and “speculative behavior.” Read The Full Article Here 18 hours ago US-China Summit Yields Major Economic and Security Deal By Fatima At a high-profile meeting between President Donald Trump and Chinese President Xi Jinping, China committed to purchasing large quantities of U.S. farm products and energy, agreed to continue supplying critical minerals, and pledged to cooperate with the U.S. to stop the flow of fentanyl. Trump highlighted the strengthened U.S.–China ties and emphasized the economic benefits for America, while also praising support from other Asia-Pacific nations and expressing optimism about the future. 18 hours ago JellyJelly Crypto Coming Back +50% Today: Is This The Best Crypto to Buy Now? By Fatima It’s been a wildly good day for JellyJelly crypto. The coin suddenly shot up by over 50%, rising to around $0.13 as of the time this is being written. Degens in the Solana community can’t stop talking about it, and some are already calling it the best crypto to buy now. The move seems to show how fast confidence can return to meme-style tokens, especially when the whole Solana ecosystem is coming back again. What’s interesting about JellyJelly crypto is that it’s not just another meme. It’s tied to a short video app that rewards on-chain users, giving it a bit more utility than most. Market cap passed $130 million today, while daily volume spiked past $32 million, about three times its recent average and a good number considering how empty and depressing the current market is. Market Cap 24h 7d 30d 1y All Time According to some JellyJelly members, whale wallets were spotted stacking up during the rally. One trader even posted that this might be “the first Solana meme comeback worth chasing.” Whether it’s hype or momentum, JellyJelly crypto is back on a lot of watchlists as possibly the best crypto to buy now in short-term plays. Or is it? DISCOVER: 10+ Next Crypto to 100X In 2025 Read The Full Article Here The post Crypto News Today, October 30 – Flush In The Market After FOMC Meeting, Bitcoin Price Retested $108K: Is The Dip Over? New Best Crypto To Buy appeared first on 99Bitcoins.
What Is a 51% Attack, and How Does It Work?
The DefiantOct 15, 2025, 06:25 PM
In the world of crypto — abundant with hacks, social engineering, malicious software, and even fraudulent on-chain transfer requests — one threat stands out for its scale, targeting an entire blockchain ecosystem: the 51% attack. A 51% attack on a blockchain network refers to a type of exploit when an individual or a group controls over half — at least 51% — of network consensus. Usually, this kind of attack refers to blockchains that use proof-of-work (PoW) consensus where miners validate transactions, like Bitcoin (BTC) or Ethereum Classic (ETC). In the case of a PoW chain, a 51% attack entails controlling the majority of mining power, letting the attacker manipulate the chain.The possibility of such an attack is tied to the very nature of crypto — decentralization. Unlike a traditional financial system, like a bank, where a central authority controls and verifies all transactions, blockchains rely on decentralized networks of miners or validators to maintain consensus, a system where the majority agrees on which transactions are valid.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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In the world of crypto — abundant with hacks, social engineering, malicious software, and even fraudulent on-chain transfer requests — one threat stands out for its scale, targeting an entire blockchain ecosystem: the 51% attack. A 51% attack on a blockchain network refers to a type of exploit when an individual or a group controls over half — at least 51% — of network consensus. Usually, this kind of attack refers to blockchains that use proof-of-work (PoW) consensus where miners validate transactions, like Bitcoin (BTC) or Ethereum Classic (ETC). In the case of a PoW chain, a 51% attack entails controlling the majority of mining power, letting the attacker manipulate the chain.The possibility of such an attack is tied to the very nature of crypto — decentralization. Unlike a traditional financial system, like a bank, where a central authority controls and verifies all transactions, blockchains rely on decentralized networks of miners or validators to maintain consensus, a system where the majority agrees on which transactions are valid.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io