Sudoswap Proposal to Distribute Fees Leads to 225% Surge in SUDO Token Value

A recent supply chain attack targeted JavaScript code, with hackers gaining control of a GitHub account to insert malicious code into popular code packages. Despite affecting 10% of cloud environments, the threat actor's wallets have only received $1,043 in cryptocurrency so far.

Hyperliquid is at the center of a bidding war for its USDH stablecoin, with major crypto companies vying for the opportunity. Native Markets is currently the frontrunner, followed by Ethena, Paxos, Sky, and Agora, each proposing unique benefits for the stablecoin.

Chainlink co-founder Sergey Nazarov revealed collaborations with various U.S. government agencies to integrate more federal functions onto blockchain. Discussions with state governments are also underway for similar initiatives, aiming to expand the use of oracle networks in government operations.

A rare slashing event on Ethereum penalized 39 validators linked to the SSV Network due to operator-side infrastructure issues with third-party staking providers. The incident, one of the largest correlated slashings since Ethereum's proof-of-stake transition, resulted in penalties and potential financial losses for the validators.

Franklin Templeton and Binance are collaborating to develop crypto products tailored for a wide range of investors, aiming to bring efficiency, transparency, and accessibility to capital markets. The partnership combines Franklin Templeton's expertise in compliant tokenization of securities with Binance's global trading infrastructure.

SEC Chair Paul Atkins announced a shift in policy, stating that most crypto tokens are not securities, supporting a predictable digital asset framework through Project Crypto. This departure from previous enforcement tactics aims to provide clearer regulatory guidance for entrepreneurs in the crypto space.

Solana's recent surge, with a 25% increase in the last 30 days, has positioned it for a potential end-of-year rally, driven by ETP inflows and corporate treasury purchases. Forward Industries' $1.65 billion investment aims to establish the largest publicly traded SOL treasury.

Bitcoin treasury strategies, inspired by Michael Saylor's playbook, are being adopted by corporations worldwide. Over 1 million bitcoins are now held by publicly traded companies, marking a historic shift in ownership of the asset.

Ahead of the PPI, the crypto market is mixed with SOL performing well. Metaplanet increases its raise, while KindlyMD invests $30m. Sharplink buys back shares, and Ethena joins the HYPE stablecoin race.

Solana is addressing the issue of MEV snipers in token launches by introducing various solutions like Metaplex's "Uniform Price Auctions" and Heaven's AMM DEX with anti-MEV protections. Other platforms like Ellipsis' Gavel and Meteora are also implementing features to deter snipers and ensure fair token launches.