EP 17
Cysic Bridge Halts Following Unauthorized Mint
In this episode
Crypto markets traded sideways to slightly mixed over the past 24 hours, with Bitcoin holding steady at $82,093.75 and BNB edging up 0.26% to $723.35 as the Crypto Fear & Greed Index dipped to 53. Binance featured an ongoing Alpha Trading Competition for ACU with $100K in rewards, while BSC total value locked remained flat at $5.47B. Across the industry, security concerns surfaced as the Cysic bridge halted following an unauthorized mint of 10M CYS, and Tether joined AI platform AIsa as a strategic investor.
- BTC traded at $82,093.75 (+0.56%) with $634.08M in 24-hour USDT trading volume, while BNB gained 0.26% to reach $723.35.
- Binance launched the Binance Alpha Trading Competition for ACU (Acurast), offering $100K worth of rewards.
- BNB Smart Chain (BSC) TVL held steady at $5.47B (+0.03% over 24 hours), led by PancakeSwap AMM with $1.56B in TVL.
- Cysic crypto bridge was halted following an unauthorized minting incident involving 10M CYS tokens.
- The Crypto Fear & Greed Index stands at 53 (Neutral), down slightly from 55 previously.
- AVA surged 18.6% to $0.375 to lead market gainers, while EPIC dropped 13.45% to $0.2471 to lead losers.
- ZEC recorded massive 24-hour trading volume of $170.82M on Binance despite falling 4.4% to $1,130.23.
- Tether completed a strategic investment in AIsa's seed extension round, bringing AIsa's total funding above $9M.
- A Chinese suspect in a $75M international crime network utilizing cryptocurrency and foreign exchange across 133 accounts was arrested in Bangkok.