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Function is a crypto infrastructure company that issues FBTC, which allows institutions and corporate treasuries to efficiently deploy Bitcoin while maintaining full custodial control over their cryptocurrencies.
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ZetaChain Exploited, Vulnerability May Originate from Flaw in GatewayZEVM Call Function
SlowMist stated ZetaChain has been exploited. Preliminary analysis indicates the root cause of the vulnerability lies in the lack of access control and input validation in the call function of the GatewayZEVM contract. This allowed attackers to initiate malicious cross-chain calls and, via the relayer mechanism, execute arbitrary operations on the target chain to transfer funds.SlowMist noted that the attacker forged cross-chain events to trigger the relayer into executing malicious calls, thereby stealing funds. The relevant attack transactions have been disclosed.
Moonrock Founder: Prediction Markets Can't Function Without “Insiders” — Their Information Makes Probabilities More Accurate
Simon Dedic, founder of Moonrock Capital, posted on X: “It's quite interesting how people get furious about 'insiders' on Polymarket, completely ignoring the fact that prediction markets simply cannot function without them. Whether you like it or not, it's these insiders who make prediction markets more accurate — that's the core mechanism. Remove them, and you won't get a fairer market; you'll get a completely useless one.”