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What a wild 72 hours on-chain. Let's break down the biggest moves.
HYPE is on an absolute tear. Its market cap just flipped DOGE, securing the #9 spot. The price hit a new all-time high at $73, showing no signs of slowing down. Pure dominance.
Over on Polymarket, user lovelystuff placed a massive bet on the Champions League final. The total stake was around $10.44M. The final result? PSG beat Arsenal on penalties, but the regular time ended 1-1. Polymarket settled based on the 90-minute result, so the "PSG wins" position paid out. Net profit? A cool $1.15M. Considering 90% of Polymarket users lose money, this is an elite play.
Base had a hiccup. A delay of over 30 hours hit the chain due to an issue with the Azul upgrade on May 28. A TEE enclave problem paused proposal submissions and delayed withdrawals. It's resolved now, but since official bridge withdrawals take over 7 days, most people didn't even notice. Sneaky.
The $sato dev burned 2,140 tokens worth $1.3K. This project is a top contender in the Uniswap V4 Hook category, currently trading with a $9.17M market cap. Bold move.
In other news, the $uPEG dev minted 100,000 $mPEG. Micropeg from Unipeg is live. Remember, 1 $uPEG can be swapped for 10 $mPEG.
Now for the bad news. Three exploits hit in quick succession. Gravity Bridge was drained for $5.4M. The contract was compromised, stealing mostly USDC and WETH. Funds were moved to ChangeNOW and Tornado Cash. Alephium's bridge lost $815K after three out of four guardians signed a fake VAA. Fluid was also hit for at least $247K via a compromised off-chain Merkle reward system.
On the winners' side, $币安人生 hit a new ATH. It has 17% of its supply held by likely related entities, valued at $107M. It's trading at $0.628 with a $628M market cap, making it the top BSC memecoin candidate for a billion-dollar valuation.
On the flip side, $DUAL crashed 83% in five minutes. Its market cap dropped from $57.1M to $9.33M. An address converted BlockV into 83.86M $DUAL...
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