The crypto market sold off during Asia hours, with $ETH nearly breaking below the $4K mark. As of now, $BTC is trading at $112,873 and $ETH at $4,199, while Bitcoin dominance stands at 58.49%.
UXLINK suffered a multi-sig wallet breach that allowed attackers to remove admin control, add a new multisig owner, and siphon off roughly $11.3M in assets. The team has confirmed the incident, is working with security experts to investigate, and has asked exchanges to freeze suspicious deposits while mitigation efforts continue.
Other headlines include: Pantera-backed Helius Medical acquiring over 760,190 SOL, Coinbase Institutional launching the first U.S. futures contract, and the U.S. and U.K. teaming up to form a crypto-focused task force to guide future regulations.
During the last 24 hours, the top three gainers were $SUN, $ASTER, and $APX, while the top three losers were $PI, $FORM, and $SYND.