controller

According to official news, Uniswap Labs has released a temperature check proposal, suggesting the activation of protocol fees in the v4 pool. This proposal follows the rapid governance process previously approved by UNIfication and will directly enter a five-day Snapshot voting period, followed by on-chain voting.Due to the Hook architecture of v4 making fee settings more complex than v2/v3, the proposal has designed the V4 Fee Controller system, which includes two core contracts: V4FeePolicy calculates the fees for any pool based on governance rules, and V4FeeAdapter is responsible for executing governance overrides and collecting fees into TokenJar. Fees are calculated hierarchically based on the family of the pool: first checking the specific trading pair rate set by governance, then the family default rate, and finally the global default rate.This proposal aims to activate fees for three types of pool families across 11 chains including Ethereum, Arbitrum, Base, and BNB Chain: static rate pools without Hooks, CCA pools after continuous liquidation auctions, and aggregator Hook pools. The rates for aggregator Hook pools are adjusted by a 25x multiplier, with a default of 10 bp for non-Base chains (3 bp for stablecoin pairs) and a default of 3 bp for Base chains (1 bp for stablecoin pairs). All fees will flow into each chain's TokenJar, and the amount of UNI burned on L2 and Alt-L1 will be cross-chain bridged to the Ethereum mainnet and sent to the 0xdead address.The Snapshot voting window is from July 7 to July 12, and on-chain voting will start during the week of July 13. Since GovernorBravo limits each proposal to 10 actions, two on-chain votes will be submitted in parallel to cover all chains.

According to on-chain analyst Yu Jin's monitoring, within 2 days, the SIREN controllers have essentially "broken down" 680 million SIREN (accounting for 94% of the total). This sell-off of SIREN led to a price drop of 96% (from $1.3 to $0.05), resulting in approximately 64.8 million USDT. About 200 million of these flowed into centralized exchanges such as Binance, Gate, and KuCoin, with most being bought in small amounts on-chain by hundreds of addresses after the price fell below $0.1. These small purchases are likely still orchestrated by the controllers, aiming to recover chips at low prices, increase tracking difficulty, and prepare for the next manipulation.

According to on-chain analyst Yu Jin's monitoring, as the SIREN controllers continue to sell on-chain, the price of SIREN has dropped to $0.06, a decrease of 95% compared to the high of $1.3 a week ago.From the on-chain perspective, they sold 360 million SIREN in a day and a half, exchanging it for about 48.7 million USDT. Currently, on-chain addresses still hold about 319 million SIREN (44% of the total supply).

According to on-chain analyst Yu Jin's monitoring, since 10 AM today, the SIREN controller has cumulatively sold approximately 118 million SIREN, exchanging it for 18 million USDT, resulting in a significant drop in the SIREN price.Market data shows that SIREN is currently priced at $0.132, with a 24-hour decline of 73.39%.

According to on-chain analyst Yu Jin's monitoring, the suspected Binance Life controller has once again extracted 30 million $ Binance Life from Binance through 3 wallets to the on-chain in the past half hour, worth approximately 11.4 million USD.In the past 3 days, influenced by the continuous large accumulation from this address set, the price of $ Binance Life has increased by a total of 112% ($ 0.17 → $ 0.36). Currently, the suspected controlling address set holds a total of 227 million $ Binance Life on-chain, accounting for 22.7% of the total supply, worth approximately 81.55 million USD.

According to on-chain analyst Yu Jin's monitoring, a suspected Binance Life controller withdrew 50.5 million Binance Life from Binance through 6 wallets 10 minutes ago, worth approximately 16.08 million dollars on-chain.Currently, the controlled address set has accumulated 197 million Binance Life on-chain, accounting for about 19.7% of the total supply, with a total value of 62.58 million dollars.

According to on-chain analyst Yu Jin's monitoring, suspected controllers of BNB Life have withdrawn 57.88 million BNB Life (approximately $9.37 million) from Binance through 6 wallets.Recently, the price of BNB Life has risen from $0.037 to $0.22 within half a month, an increase of 6 times. In addition, the same entity had previously withdrawn 59 million BNB Life from Binance through 2 wallets. Currently, this controlling party holds approximately 116.9 million BNB Life on-chain, accounting for 11.7% of the total supply, with a total value of approximately $21.71 million.

According to Ember Monitoring, among the top 54 addresses holding SIREN tokens, except for the burn wallet and the Binance Web3 wallet, the remaining 52 addresses are suspected to be owned by the same controlling party. Among these, 48 addresses had previously concentrated SIREN tokens, while the other 4 addresses' SIREN can be traced back to purchases made between the end of June and the beginning of July last year. This controlling party holds a total of 644 million SIREN, accounting for 88.5% of the total supply, valued at $1.44 billion.Ember pointed out that the controlling party profits by controlling almost all spot supply and utilizing contracts, which is the reason for SIREN's 30-fold increase within a month and a half. This controlling party is suspected to be DWF Labs, which holds 3 million SIREN in its public wallet, and after transferring SIREN, there was a concentrated accumulation of 66.5% of the tokens the next day.

ChainCatcher message, DeFi security monitoring platform Cyvers Alerts latest warning: A security incident has occurred on the BNB chain's Venus protocol, with approximately $27 million in assets at risk. The key information is as follows:The attacker implemented the attack by updating the Venus core pool controller (Core Pool Comptroller) to a malicious contract address;Affected assets include various tokens such as vUSDC, vETH, etc. - the stolen funds are still held in the attacker's contract and have not yet been exchanged.Users of the Venus protocol should closely monitor asset security and are advised to suspend related operations until further notice from the official.

ChainCatcher News: A U.S. court dismissed the allegations that basketball superstar Shaquille O'Neal was the "controller" of the NFT project Astrals. The court ruled that Shaquille O'Neal participated in the Solana NFT project Astrals as a "seller" rather than a "controller," and granted Shaquille's request, dismissing some of the allegations against him in the unregistered securities class action that began in May 2023.The court dismissed the claims that the legendary basketball player was the "controller" of Astrals, with the plaintiffs alleging that O'Neal exercised "actual power or control" over the project. However, U.S. District Judge Federico Moreno ruled that O'Neal was a successful "seller" who attracted buyers for Astrals products. The judge also denied the defendants' motion to dismiss the allegations that Astrals NFTs and Galaxy tokens are financial securities.Astrals is a Solana-based NFT project featuring 10,000 unique 3D avatars, aimed at promoting investment in a virtual world and decentralized autonomous organization (DAO) called Astralverse. The project also has its own cryptocurrency, Galaxy, which serves as the governance token for the DAO.

ChainCatcher message, according to the lawsuit documents against Binance disclosed by the SEC, the actual owner of Binance's main market maker Sigma Chain is Zhao Changpeng, and it is operated by several Binance employees, with Binance's logistics manager also serving as the president of Sigma Chain.After the launch of the Binance.US platform, Sigma Chain became one of its first market makers. In addition, since the Binance.US platform began offering clients over-the-counter (OTC) trading and its conversion trading and one-click buy-sell (OCBS) services, Sigma Chain has been the trading counterparty for Binance.US platform clients, sometimes even the only counterparty. (source link)

According to ChainCatcher's message, the blockchain security agency Supremacy has monitored a potential risk in Binance's proposal to add wBETH to the Gauge Controller initiated by Curve. There is a feature in the WrapTokenV1BSC contract on the BNBChain platform that allows the transfer of all ETH Reserve, which is a single-signature EOA account. This means that a private key leak or internal malfeasance could lead to very serious consequences.Binance's feedback indicated that the private key of this account is controlled by the finance department, which provides a certain level of security and thus reduces the risk. However, Supremacy still believes there is a centralization risk at the code level. (Source link)

ChainCatcher news, according to South Korea's SBS News, South Korean actress Park Min-young has been summoned for investigation due to her ex-boyfriend Kang Jong-hyun (phonetic) illegally obtaining improper benefits as the actual controller of a Bithumb-related company, and she may be prohibited from leaving the country.It is reported that earlier this month, a South Korean court arrested Bithumb's actual owner Kang Jong-hyun on charges of dereliction of duty and embezzlement. Subsequently, the Seoul Southern District Court approved the extension of Kang Jong-hyun's detention until February 20. (source link)

ChainCatcher news, according to News1, the Southern District Court of Seoul, South Korea, has approved the extension of the detention period for Bithumb's actual owner, Kang Jong-hyun (transliteration), until February 20. The prosecution is expected to file charges within the next week after completing further investigations.Earlier reports indicated that on February 2, the minister in charge of the arrest warrant at the Southern District Court of Seoul arrested Kang Jong-hyun, the actual controller of the virtual asset trading platform Bithumb, on charges of embezzlement and dereliction of duty. (source link)

ChainCatcher news, according to Yonhap News Agency, the minister in charge of the arrest warrant at the Southern District Court of Seoul has arrested Bithumb's actual controller, Jiang Zhongxuan (transliteration), on suspicion of embezzlement and dereliction of duty, stating that he "may flee and destroy evidence." Additionally, Zhao (transliteration), a representative of a non-listed company believed to be an associate of Jiang, was also detained.Previously reported, on January 10, the Korean National Tax Service began a special tax investigation into the virtual asset trading platform Bithumb, with the Seoul Regional Tax Office's Investigation Division 4 deploying dozens of investigators to Bithumb's headquarters located in the Gangnam District of Seoul to conduct an on-site tax investigation. (source link)

ChainCatcher message, currently the official website of Hoo only retains the detailed information of its actual controller. In addition, the website shows that all permissions of the platform wallet and the entire website program are controlled by the actual controller. Users experiencing issues need to contact the official email.According to previous reports by ChainCatcher, Hoo had stated that in order to quickly resolve the withdrawal issues, Hoo would stop all trading services starting from August 1, revoke all business statuses, and transfer user assets to wallet accounts. At the same time, a debt coin conversion plan and a partner investment plan will be launched. (source link)

Chain Catcher news, after completing the equity and business sale of Huobi Global to a fund under Hong Kong Baidu Capital, Huobi founder Li Lin posted on social media, stating that he is no longer the actual controller and shareholder of Huobi Global, nor does he hold any authority.The full text is as follows: "Saying goodbye. Just now, the equity transfer and asset delivery of Huobi Global have been completed, marking that the fund under Baidu Capital has become the largest shareholder and actual controller of Huobi Global. I am no longer a shareholder of Huobi Global, nor do I directly or indirectly hold any authority over Huobi Global. Huobi has been a memorable journey since I founded it nine years ago. I thank our customers and partners who supported us during these nine years, as well as my companions and friends who accompanied me. The path leads to the end of the white clouds, and spring flows with the green stream. I believe that Baidu Capital, with its international resources and global vision, can bring new momentum to the globalization process of Huobi Global and lead Huobi Global to embark on the next journey!"Earlier news reported that the cryptocurrency trading platform Huobi Global announced that its controlling shareholder company has transferred all of its shares in Huobi Global to a fund under Baidu Capital, making the Baidu Capital merger fund the largest shareholder and actual controller of Huobi Global. The transaction has been approved by the Huobi board and has been officially completed, with the equity and business formal delivery now finalized. The official statement indicated that this transaction only involves a change in the controlling shareholder and will not affect the existing core management and operational team. (source link)