According to Specter, a blockchain intelligence firm, the incident is more likely an inside job. The address responsible for transferring the tokens has been granted the necessary role since 2025, and this role is only revoked after the tokens have been transferred out.

In the past hour, total liquidations across the network reached $12.78 million, with $11.64 million from long positions, with $1.13 million from short positions. BTC liquidation $49,493.01, ETH liquidation $4.28 million.

Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, stated that Libbitcoin developer @evoskuil claims the latest version of Libbitcoin Server can complete the initial block download and full verification for a full Bitcoin node within 55 minutes. This speed improvement comes from a new GPU-based signature verification system that runs in parallel with regular script verification, rather than as a separate step. Instead of pausing execution to verify each ECDSA and Schnorr signature, the software captures signature checks, batches them, and processes them via the GPU while the remaining verifications continue. @evoskuil stated that this method achieves approximately 99.5% signature capture rate and does not block verification, thus eliminating the need for a second verification. If a batch signature check fails, the software traces it back to the corresponding block and marks that block as invalid. He also stated that this design can batch almost any number of signatures, keeping the GPU ahead of the rest of the verification process and significantly reducing full node synchronization time.

Odaily Planet Daily reports that U.S. Senator Cynthia Lummis expressed gratitude to her Democratic colleagues for their significant contributions to the draft of the new CLARITY Act and pledged to continue pushing for an agreement in the coming days so that the bill can ultimately become law. She stated that consumer protection and support for innovation are not contradictory, and this draft bill proves that both can be achieved simultaneously. Previously, U.S. Senate Republicans released the new CLARITY Act after a briefing conference call with industry stakeholders. The new text proposes to prohibit the president, vice president, members of Congress, federal judges, and their spouses from receiving compensation during their term of office through the issuance or sponsorship of digital assets. These provisions will be in effect until January 20, 2029. Constrained officials must also sell crypto assets and crypto business investments, or place them in blind trusts beyond their control; sales of crypto assets exceeding $1,000 must be disclosed.