Zan axe

• Step Finance reported a security breach involving 261,854 SOL (approximately $27 million) in its treasury wallets, which is currently under investigation.
• The DeFi portfolio tracker platform disclosed the incident on X, seeking assistance from cybersecurity firms while not specifying how the breach occurred.
• The platform's governance token (STEP) plummeted over 80% following the announcement amid a wider crypto market drawdown.

Step Finance, a decentralized finance (DeFi) portfolio tracker built on Solana, said some of its treasury wallets were compromised in a security breach under active investigation.
Onchain data shared by blockchain security firm CertiK shows that 261,854 $SOL , worth roughly $27 million at current prices, was unstaked and transferred during the incident.
The platform disclosed the breach in a post on X and asked cybersecurity firms to assist with the investigation. It did not specify how the attacker gained access or whether user funds were affected.

The platform's governance token, STEP, dropped over 80% in the last 24 hours, according to SoSoValue data. Step also operates a validator node on Solana and uses validator earnings to fund STEP token buybacks.
Founded in 2021, Step Finance aggregates yield farms, LP tokens and DeFi positions across nearly all Solana protocols into a single dashboard.

It also runs SolanaFloor, a Solana-focused media outlet, and organizes the Solana Crossroads conference. In late 2024, it acquired Moose Capital (now Remora Markets) and plans to offer tokenized equity trading on Solana.
#solana #HackingIncidents #MarketCorrection #USGovShutdown

The crypto market's tight links with traditional markets laid bare Friday as a sharp slide in metal prices shook out millions in leveraged bets on blockchain versions of gold, silver, and copper.
Three-month copper futures on the London Metal Exchange (LME) fell nearly 4% from Thursday’s peak above $14,500 a ton, settling closer to $13,000 amid technical disruptions at the LME, and a sharp shift in positioning by Chinese traders. The move marked a pause after a relentless run driven by Chinese demand, energy transition optimism and a weaker U.S. dollar.

Gold and silver prices fell by 4% and 5.9%, respectively.
That retrenchment showed up quickly in crypto markets. Tokenized metals products tied to copper, gold and silver saw an usually-high spike in losses as their spot prices cooled.
Across exchanges, derivatives and spot-style products linked to metals logged roughly $120 million in combined liquidations over the past 24 hours. Silver-linked contracts led the pack at $32 million in losses, followed by gold- and copper-linked futures. Prices for tokenized bullion products like XAU and XAUT dropped over 7%.

These liquidations reflect how crypto venues are increasingly being used as complementary rails for macro trades.
When metals were ripping higher earlier this week, traders leaned into crypto-native contracts for speed, leverage and round-the-clock access. As prices rolled over, those same markets became a release valve for risk.
#WhenWillBTCRebound #PreciousMetalsTurbulence #MarketCorrection #CZAMAonBinanceSquare

Binance Coin ( $BNB ) has reached a huge new milestone in 2025, with the number of BNB holders surging from about 158.7 million in January to 279.2 million in December — a 76% increase in less than a year.
This remarkable growth shows that real demand and adoption are rising fast across the BNB ecosystem. More users holding BNB often reflects strong long-term confidence and increasing use of the token for transactions, DeFi participation, and on-chain activity.

Alongside the rise in holders, the BNB ecosystem has seen significant on-chain engagement, with daily and monthly active users climbing sharply — indicating more people are actively using the network and its services.
This milestone comes as the BNB network continues to grow amid broader market developments, including technological upgrades and expanding utility across decentralized applications.

What this means:
👉 A major adoption surge for BNB
👉 More users participating in the ecosystem
👉 A positive sign for long-term growth potential
BNB’s strength in user numbers highlights the token’s importance not just as a trading asset, but as a widely held and used digital currency in the crypto world.
#CZAMAonBinanceSquare #BitcoinETFWatch #WhoIsNextFedChair

In a significant shift for the financial industry, several major banks and their executives are increasingly showing a positive outlook toward Bitcoin ($BTC ). This change in attitude reflects growing confidence in digital assets and highlights how cryptocurrencies are becoming more accepted within traditional finance.
For years, banks were cautious about Bitcoin due to concerns over volatility, regulation, and security. However, recent developments in market infrastructure, regulatory clarity, and institutional adoption have encouraged financial institutions to reconsider their stance. Many banking leaders now view Bitcoin not just as a speculative asset, but as a potential store of value and a hedge against economic uncertainty.

This growing optimism is also influenced by the rising demand for crypto-related services from clients. As more investors show interest in digital assets, banks are exploring ways to provide secure access to Bitcoin through trading services, custody solutions, and investment products. This move allows them to stay competitive while meeting evolving customer needs.
Another factor contributing to this bullish sentiment is the increasing involvement of institutional investors. Large funds and corporations entering the Bitcoin market have added credibility and stability, encouraging banks to take the asset more seriously. Improved regulatory frameworks in several regions have also reduced uncertainty, making it easier for financial institutions to participate in the crypto space.
Overall, the shift in banks’ perception of Bitcoin signals a broader transformation in the global financial system. As traditional institutions grow more comfortable with digital assets, Bitcoin’s role in mainstream finance may continue to expand, shaping the future of investment and monetary systems.
Bitcoin is only a temporary trend → Many experts now believe digital assets are here to stay.
#PreciousMetalsTurbulence #CZAMAonBinanceSquare #MarketCorrection

Ethereum co-founder Vitalik Buterin has withdrawn 16,384 $ETH (approximately $44.7 million) from his personal funds to support the long-term growth and development of the Ethereum ecosystem.
Buterin stated that the Ethereum Foundation has entered a period of “mild austerity,” where priorities will be carefully managed to focus on key goals. These include advancing Ethereum’s roadmap to strengthen its role as a decentralized global platform while ensuring users maintain self-sovereignty, security, and privacy.
Despite Ethereum’s price recently reaching a six-month low, Buterin emphasized his commitment to expanding innovation within the network. He plans to take a more active role in special development projects, particularly in open-source applications related to finance, communication, governance, operating systems, biotechnology, and secure hardware.
Additionally, Buterin mentioned exploring decentralized staking options to help sustain funding for future initiatives.
#CZAMAonBinanceSquare
#WhoIsNextFedChair #MarketCorrection