BTC $64,031.76 -1.35%
ETH $1,876.12 -1.95%
BNB $599.76 -0.26%
XRP $1.01 -1.78%
SOL $76.12 -0.56%
TRX $0.3312 +0.40%
DOGE $0.0699 +0.37%
ADA $0.1900 -3.04%
BCH $215.05 -0.30%
LINK $8.36 +2.17%
HYPE $55.45 +2.53%
AAVE $88.94 -2.83%
SUI $0.6866 -0.21%
XLM $0.1613 -1.03%
ZEC $491.99 -3.20%
BTC $64,031.76 -1.35%
ETH $1,876.12 -1.95%
BNB $599.76 -0.26%
XRP $1.01 -1.78%
SOL $76.12 -0.56%
TRX $0.3312 +0.40%
DOGE $0.0699 +0.37%
ADA $0.1900 -3.04%
BCH $215.05 -0.30%
LINK $8.36 +2.17%
HYPE $55.45 +2.53%
AAVE $88.94 -2.83%
SUI $0.6866 -0.21%
XLM $0.1613 -1.03%
ZEC $491.99 -3.20%

ust

UST is an algorithmic stablecoin in the Terra blockchain ecosystem, designed to maintain a value peg to the US dollar through smart contract mechanisms. The supply of UST is dynamically adjusted based on market demand to ensure price stability. As a core component of the Terra platform, UST is widely used in payments, lending, and decentralized finance (DeFi) applications. Its design goal is to provide a stable value storage and medium of exchange without the support of centralized institutions.
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ZachXBT: American female scammer impersonates customer service to steal over 5 million dollars in cryptocurrency assets

On-chain detective ZachXBT posted that U.S. threat actor Tiffany Milanovich participated in the theft of approximately $5 million in crypto assets by impersonating hardware wallet and centralized exchange customer service.Her methods included disguising as Bitcoin IRA email support, during one attack transferring about $1.2 million in BTC and ETH from the victim's Trezor wallet, and in another case stealing about $500,000 in BTC from a Coinbase account. Tiffany induced victims to hand over access to their funds under the guise of "customer service calls," later boasting about the stolen money on social media and Telegram groups, mocking victims with recordings, and collaborating with other threat actors to launder money using phishing panels and instant exchange services, with some of the stolen funds still dormant on-chain.The threat actor codenamed "Tiffany" is suspected of participating in multiple crypto asset thefts, gambling the stolen funds at crypto casinos. The platform Shuffle has frozen related accounts based on evidence submitted by ZachXBT; Tiffany previously shared a search and seizure warrant from Connecticut, dated before some of the incidents involved.ZachXBT has obtained chat logs, recordings, and on-chain evidence, anticipating that this individual may face further legal consequences. This threat actor is also linked to the John Daghita (Lick) case, who is suspected of stealing over $46 million in crypto assets from a U.S. government-seized wallet.

The cryptocurrency industry is once again debating "who should hold the private keys" due to the $130 million theft case involving the Coldcard wallet

A wallet security incident involving approximately $130 million in Bitcoin losses is reigniting discussions in the crypto industry about asset custody models: should Bitcoin holders rely on personal self-custody or turn to institutional custody? Hardware wallet manufacturer Coldcard had a vulnerability in its firmware in 2021 that led to some mnemonic phrases generated by the device being predictably risky. This vulnerability was discovered years later, and approximately 5,200 addresses and about 2,000 BTC have been stolen, with losses amounting to around $130 million.After the incident, some investors began to turn to Wall Street custody products. Data shows that the U.S. spot Bitcoin ETF saw a net inflow of about $626 million within days of the incident. Bloomberg ETF analyst Eric Balchunas stated that such security incidents could further drive funds into ETFs. However, the Bitcoin core community still insists on the self-custody concept. Casa co-founder Jameson Lopp stated that recent events should not undermine users' confidence in self-custody and pointed out that third-party custody also carries risks. Bitcoin Core early developer Peter Todd also believes that self-custody has a better long-term safety record than centralized institutions.Onramp co-founder Michael Tanguma believes that both options have flaws. He stated that concentrating a large amount of assets in a single institution creates a "honey pot," while hardware wallets face risks related to supply chains, firmware, and random number generation. Tanguma proposed a "multi-institution custody" solution, where multiple regulated institutions hold keys through a multi-signature mechanism, requiring multiple institutions to jointly sign any transaction to reduce single points of failure. However, this model has also sparked controversy. Critics argue that while multi-institution custody enhances security, it also introduces permissioned management, conflicting with the decentralized ideals originally pursued by Bitcoin. As Bitcoin gradually enters the fields of pensions, trusts, and institutional asset allocation, the industry is seeking new custody solutions suitable for long-term wealth management. The Coldcard vulnerability incident once again highlights that achieving a balance between security, decentralization, and usability remains a core challenge facing the Bitcoin ecosystem.

hot_img MLCC supply is in short supply: customers are raising prices two to three times to secure materials, with delivery times extended to 12-16 months

Driven by strong demand for AI, the MLCC market has seen a surge in price chasing and material grabbing. Industry sources indicate that some customers are willing to pay two to three times the price to secure supplies from major manufacturers like Yageo and Murata, creating a situation where the highest bidder wins. Yageo has admitted that AI-related customers are increasingly looking to lock in capacity in advance to reduce supply risks. Currently, major MLCC manufacturers are fully booked, with capacity nearing full load, and delivery times have extended to 12 to 16 months.In terms of capacity, Yageo expects the utilization rate for standard products this quarter to increase from about 80% in Q2 to over 90%, while special products will maintain a high level above 90%, overall trending towards full capacity. The company is also expanding production, with new capacity set to come online each quarter. Japanese manufacturers are also optimistic, with Murata significantly raising its annual profit forecast, and Taiyo Yuden stating that demand for AI servers has exceeded expectations. Industry insiders point out that large customers typically have a higher priority for capacity allocation, while small and medium-sized customers can only compete for limited supplies by offering higher prices. Yageo has noted that more and more customers wish to secure passive component supplies for the next six months to several years through long-term contracts to mitigate supply chain risks.
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