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How CrossCurve Lost $3M With Bridge Exploit
Today attackers drained $3 million by exploiting a critical oversight in CrossCurve's bridge. They sent "spoofed" messages - basically fake deposit receipts - to the bridge's expressExecute function. The smart contract had no access control on that specific function. It failed to verify who was sending the message. ✅ Intended Behavior: Only the official Axelar Gateway should trigger a transfer. ❌ Actual Behavior: The contract accepted commands from anyone, allowing the hackers to bypass security entirely. And this could've been avoided with a simple Sender Validation. The contract needed a check ensuring that msg.sender == AxelarGateway. Without this verify-sender check, the door was left wide open. Source: https://decrypt.co/356599/crosscurve-legal-action-3m-cross-chain-bridge-exploit
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Press Release
We just got our first press release featured in AMBCrypto. Honestly? It feels good to see these conversations going public. For a long time, Web3 development has been a "black box." Agencies have been using the same tired playbook to bleed founders dry, and nobody was calling it out. I’ve watched solid ideas die because the agency relationship was toxic. Not because the tech failed, but because the partnership was designed to extract value rather than create it. I’m spilling every secret these agencies guard like gold. I want founders to know exactly what to look for before they sign, even if they never work with us. If you’re building in Web3, give this a read. It might save your project (and your fundraise). https://ambcrypto.com/beawhale-ceo-exposes-toxic-practices-of-web3-development-agencies/
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Press Release
Bitcoin Crashes to FTX Levels
New BeAWhaleTV episode just dropped. Bitcoin's realized losses just hit FTX-collapse levels with ZERO exchange failures. BlackRock's ETF bled billions in record outflows. A fake Saylor sell-off sent markets into panic. The Fed killed December rate cut hopes. I break down why money's rotating into #Solana and #XRP ETFs, Cloudflare's outage that wiped 20% of the internet, Kraken raising $800M at peak fear, and why this crash has no villain—just pure panic. Market fear without the fraud. Watch the full episode here
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EUROPE's Plan to Take Over Crypto
New BeAWhaleTV episode just dropped. The EU wants total control. One central regulator for every crypto exchange. No exceptions. Meanwhile, DeFi's bleeding. Balancer and Stream Finance just lost $200M in back-to-back hacks. Bitcoin ETFs saw $2B in outflows. Wall Street's rotating—but not out of crypto. Citadel just backed Ripple at a $40 billion valuation. JPMorgan's calling $170K Bitcoin. FTSE Russell is putting market indexes on blockchain with Chainlink. Bitcoin miners? Pivoting to AI in $15B+ deals while regulators scramble. Solana ETFs are quietly gaining while Brussels writes new rules. This is the clash: centralized control vs. unstoppable capital flows. One side's building walls. The other's building infrastructure.
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Trump-Xi Deal Just Changed Everything for Crypto
New BeAWhaleTV episode just dropped. Trump and Xi shook hands. Trade war's over. Market went nuts. But that's just the start. Visa's letting banks issue stablecoins. Western Union launched on Solana. Coinbase bought another $300M in Bitcoin. Circle dropped a new blockchain backed by BlackRock, Goldman, and Visa. Securitize went public at $1.25B valuation. This isn't hype. This is infrastructure being built in real time.
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