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Quick Take EigenLayer has addressed an incident involving a suspicious wallet selling over $5.5 million worth of its tokens, stating that a ‘malicious attacker’ hijacked the token transfer and made off with the funds. Some portion of the sale proceeds has been frozen by law enforcement, according to the protocol’s statement.

Share link:In this post: The U.S. national debt has skyrocketed to $35.27 trillion, with each American now responsible for about $105,000 of it. The debt-to-GDP ratio is 121.57%, way above the recommended level, meaning the economy is under serious strain. Interest payments on the national debt are projected to hit $870 billion by year end, taking funds away from infrastructure and social programs. If a recession hits, global trade, commodity prices, and employment worldwide will take a massive hit, with s

Share link:In this post: Long-term Bitcoin holders have reduced their positions by $6 billion, while short-term traders have ramped up, adding $6 billion in buying activity. Bitcoin’s realized price is struggling to hold, with repeated rejections suggesting weak momentum and potential short-term corrections. Open Interest and leverage metrics show that high-risk positions are leading to more corrections and liquidations in the market.