Israel orders evacuations in northern Gaza as Trump calls for war to end

-
By Nidal Al-Mughrabi Reuters  The Israeli military ordered Palestinians to evacuate areas in northern Gaza on Sunday before intensified fighting against  Hamas , as U.S. President Donald Trump called for an end to the  war  amid renewed efforts to broker a ceasefire. “Make the deal in Gaza, get the hostages back,”  Trump  posted on his Truth Social platform early on Sunday. Israeli Prime Minister Benjamin Netanyahu was due to hold talks later in the day on the progress of Israel’s offensive. A senior security official said the military will tell him the campaign is close to reaching its objectives, and warn that expanding fighting to new areas in Gaza may endanger the remaining Israeli hostages. But in a statement posted on X and text messages sent to many residents, the military urged people in northern parts of the enclave to head south towards the Al-Mawasi area in Khan Younis, which Israel designated as a humanitarian area. Palestinian and U.N. offi...
Post a Comment

South Korean Exchange Upbit Suspends Curve (CRV) Deposits And Withdrawals Following Exploit

-

In light of the recent security breach that affected Curve Finance’s CRV token, South Korean-based cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for the token. 

Upbit Advises Caution Amid Volatility

Upbit’s precautionary suspension of all CRV deposits and withdrawals occurred after a reentrancy attack on the Curve Finance platform. The vulnerability was discovered during the weekend, leading to a significant loss of funds.

A reentrancy attack is a security breach that causes a potential loss of funds from uninterrupted contract calls. Major outflows were recorded as a result of interactions that manipulated the reentrancy vulnerability in certain  Vyper compiler versions. In a tweet released by Vyper, specific versions of Vyper, such as 0.2.15, 0.2.16, and 0.3.0, were vulnerable to malfunctioning reentrancy locks. 

In response to the attacks, Upbit released a volatility warning advising their customers “…to be mindful of the increased price volatility of CRV.” The platform called for caution, asking users to conduct due diligence while considering any investment connected to the token. To ensure safety, the platform noted that it would temporarily suspend its CRV deposit and withdrawals. 

Following the attack, other cryptocurrency exchanges, like OKX, issued warnings to customers. According to details obtained from its landing page, OKX advised users to be cautious of the risks involved while trading the token, as OKX “will not be held responsible for any trading losses.” 

Users Of Binance Exchange Unaffected

With news of the attack making rounds, the Chief Executive Officer of Binance, Changpeng Zhao, has come out to state that Binance is unaffected. According to details obtained from his X (formerly Twitter) account, he stated that “CEX price feed saves DeFi. Binance users are not affected. Our team checked on the Vyper Reentrant Vulnerability. We only use version 0.3.7 or above.” 

He further noted that his platform’s usage of a centralized price feed for DeFi tokens offers an extra layer of security. The CEO stressed that it was vital for users to always stay up-to-date with code libraries, operating systems, and applications.

As a result of the attack, Curve Finance released a statement noting that the incident affected particular stable pools, such as msETH, pETH, and aIETH via Vyper 0.2.15. However, its USD/CRV stablecoin pools were largely unaffected but the wider implication of the exploit worries users. 

Meanwhile, Curve DAO’s CRV token has experienced a sharp fall. The price has fallen by over 12% on daily charts, with a market cap of $557 million, according to data from CoinGeko.

Curve (CRV) price chart from Tradingview.com



from Bitcoinist.com https://ift.tt/SKMZC4x

Comments

Post a Comment

Popular posts from this blog

Israel-Hezbollah attacks continue despite international pressure for ceasefire

-
By Timour Azhari and James Mackenzie Reuters  Israel rejected global calls on Thursday for a ceasefire with the Hezbollah movement, defying its biggest ally in Washington and pressing ahead with strikes that have killed hundreds in Lebanon and heightened fears of an all-out regional war. Despite Israel’s stance, the U.S. and France sought to keep prospects alive for an  immediate 21-day  truce they proposed on Wednesday, and said negotiations continued, including on the sidelines of a United Nations meeting in New York. An Israeli warplane struck the edges of the capital Beirut, killing two people and wounding 15, including a woman in critical condition, Lebanon’s health ministry said. That took deaths overnight and on Thursday to 28 and over 600 since Monday. The strike killed the head of one of Hezbollah’s air force units, Mohammad Surur, Hezbollah said, the latest senior Hezbollah commander to be targeted in days of assassinations among the group’s top ranks. On t...
Read more

Bolivia wildfires burn record area, scorching homes and farms

-
Image
By Monica Machicao and Daniel Ramos Reuters Wildfires in Bolivia have burned through more than 10 million hectares (24.7 million acres) this year, mostly in the country’s tropical east, smashing records for its worst-ever fire season and scorching an area the size of Iceland or Cuba. The new figures released on Monday by non-governmental organization Tierra Foundation represent the equivalent of nearly 19 million American football fields. Fires in recent months have propelled Bolivia past devastating fire years in 2010 and 2019. Santa Cruz, a wealthy farming region in the country’s eastern lowlands near Brazil, has been the hardest hit, accounting for almost 7 million hectares of the total, followed by the nearby department of Beni, with 3 million hectares. “What’s happened in recent months in eastern Bolivia, and will continue to occur at least through October, is a disaster of a magnitude unprecedented in the country,” Juan Pablo Chumacero, researcher at the Tierra Foundation, to...
Read more