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Big Whales' Movements

2026-06-26 11:31:31

Hackers Drain $17M from 5 ‘Zombie Contracts’ in 40 Days: DeFi Retirement Risks Exposed

Over the past 40 days, hackers exploited five deprecated but still-on-chain smart contracts to steal nearly $17 million, targeting projects including DxSale, TrustedVolumes, Huma Finance V1, Raydium Legacy AMM, and Aztec Connect. The root cause is incomplete contract decommissioning: leftover funds, retained admin privileges, and open invocation interfaces turned these relics into high-value targets. This incident highlights a systemic security blind spot in DeFi asset lifecycle management, urging developers to adopt thorough retirement checklists that include withdrawing all assets, revoking permissions, disabling functions, and periodic audits of archived contracts.

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Hackers Drain $17M from 5 ‘Zombie Contracts’ in 40 Days: DeFi Retirement Risks Exposed
2026-06-26 11:01:45

Collector Crypt: Daily Active Users Under 1,000, 14.6% Whales Generate 97% of Revenue – Hidden Risks in the Chain TCG Leader

Collector Crypt, a Solana-based on-chain TCG (trading card game) that leveraged Pokémon IP, a gacha mechanism, and its CARDS token economy, quickly rose to become one of the top 10 crypto protocols by revenue. However, data reveals a lopsided dependency: just 14.6% of high-net-worth users (whales) contribute 97% of total revenue, while daily active users remain below 1,000. Combined with a declining gross margin trend, the project highlights the structural risk and growth bottleneck facing early-stage blockchain gaming.

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Collector Crypt: Daily Active Users Under 1,000, 14.6% Whales Generate 97% of Revenue – Hidden Risks in the Chain TCG Leader
zombie contra
2026-06-26 11:01:45

Hackers Drain $17M in 40 Days via Five 'Zombie Contracts' — A Wake-Up Call for DeFi Security

Over the past 40 days, hackers exploited five deprecated but still-active smart contracts to drain nearly $17 million. The incidents involve DxSale, TrustedVolumes, Huma Finance V1, Raydium Legacy AMM, and Aztec Connect, exposing the systemic risk of 'zombie contracts' in DeFi. This article analyzes the root cause, attack vectors, and offers best practices for secure contract retirement.

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Hackers Drain $17M in 40 Days via Five 'Zombie Contracts' — A Wake-Up Call for DeFi Security
2026-06-26 11:01:34

Real Estate Giant Cardone Capital to Use Rental Cash Flow for Bitcoin DCA, Targets 22-32% Annual Return

Grant Cardone, CEO of real estate investment firm Cardone Capital, announced plans to use the recent Bitcoin price dip as an opportunity to continue buying BTC via a dollar-cost averaging strategy funded by rental cash flow. The firm manages approximately $5.3 billion in assets and already holds about $200 million in Bitcoin as of May, following an initial purchase of 1,000 BTC in 2025 and subsequent accumulation. Cardone projects annual returns of 22-32% for the hybrid real estate-Bitcoin structure, though this forecast lacks historical performance backing.

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Real Estate Giant Cardone Capital to Use Rental Cash Flow for Bitcoin DCA, Targets 22-32% Annual Return
zombie contra
2026-06-26 10:31:36

Hackers Drain $17M from Five 'Zombie Contracts' in 40 Days: A New DeFi Security Threat

In the past 40 days, hackers exploited five abandoned but still active smart contracts to steal nearly $17 million. These 'zombie contracts' from DxSale, TrustedVolumes, Huma Finance V1, Raydium Legacy AMM, and Aztec Connect remained on-chain with funds or permissions intact. The incidents highlight the critical need for thorough decommissioning practices in DeFi and have reignited discussions around security audits for deprecated contracts.

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Hackers Drain $17M from Five 'Zombie Contracts' in 40 Days: A New DeFi Security Threat
2026-06-26 10:31:24

PhotonPay Releases 2026 Gaming White Paper: Stablecoin Aggregated Payment Solves 'Revenue Trapped' Dilemma

PhotonPay has published the '2026 Global Gaming Operations White Paper: From Traffic Growth to Revenue Realization,' highlighting that while the top 100 mobile games capture 57% (approximately $46.6 billion) of total mobile revenue, extreme fragmentation in payment channels is causing massive transaction losses for game publishers. In response, PhotonPay launched a multi-route aggregated payment network that automatically converts local fiat currencies into compliant on-chain stablecoins, enabling instant settlement and real-time arrival in over 200 countries and regions without altering the player's payment experience. PhotonPay positions itself as a stablecoin-driven global financial infrastructure operating system, aiming to redefine cross-border payment efficiency in the digital asset era.

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PhotonPay Releases 2026 Gaming White Paper: Stablecoin Aggregated Payment Solves 'Revenue Trapped' Dilemma
Cardone Capit
2026-06-26 10:31:24

Real Estate Giant Cardone Capital Uses Rental Cash Flow to Dollar-Cost Average into Bitcoin Amid Price Dip

Cardone Capital, a real estate investment firm managing approximately $5.3 billion in assets, is leveraging the recent Bitcoin price decline to accumulate BTC using cash flow from its property portfolio. CEO Grant Cardone disclosed the strategy to CoinDesk, stating that the firm dollar-cost averages its rental income into Bitcoin regardless of market conditions. The firm holds around $200 million in Bitcoin as of May, originating from a 1,000 BTC purchase in 2025 and subsequent additions. Cardone describes the model as “inspired by treasury companies but backed by real assets and real cash flow,” positioning Cardone Capital as the world’s largest real estate–Bitcoin hybrid firm with no institutional investors influencing its strategy. He projects an annual return of 22–32% for this hybrid structure, though the forecast lacks historical performance data.

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Real Estate Giant Cardone Capital Uses Rental Cash Flow to Dollar-Cost Average into Bitcoin Amid Price Dip