$BTC continues to hover around its all-time high. As of now, $BTC is trading at $111,702 and $ETH at $2,663. Bitcoin dominance stands at 64.02%.
Cetus Protocol, a major DEX on Sui, suffered a $223 million hack, with attackers draining liquidity pools using spoofed tokens to exploit flawed price curves. The Cetus team has paused smart contracts, frozen $162 million of the stolen funds, and is working with the Sui Foundation to recover the rest. $CETUS dropped 40%, while $SUI fell 15%.
A few other headlines include: Strategy plans to issue up to $2.1 billion in 10.00% Series A perpetual preferred stock, FIFA announced a collaboration with Avalanche to build a dedicated Layer-1 blockchain, and World raised $135 million from a16z and Bain Capital Crypto.
During the last 24 hours, the top three gainers were $DOG, $WLD, and $HYPE, while the top three losers were $WAL, $PI, and $SAROS.
