1. A user who purchased AAVE with 50 million USDT only received 324 tokens due to the price shock.
A user purchased AAVE with approximately 50 million USDT through the Aave interface (powered by CoW Protocol), but due to a price shock of about 99%, ultimately only received 324 AAVE (approximately $36,000). Aave founder Stani Kulechov stated that the system clearly warned of the extremely high slippage risk before the transaction, yet the user still confirmed the execution. The team stated they will refund approximately $600,000 in transaction fees and study ways to strengthen user protection mechanisms. On-chain analysis shows that some MEV builders profited significantly from this transaction.
2. US core PCE rose 0.4% month-over-month and 3.1% year-over-year in January.
The U.S. PCE price index rose 0.3% month-over-month and 2.8% year-over-year in January; the core PCE, excluding food and energy, rose 0.4% month-over-month and 3.1% year-over-year, still above the Federal Reserve's 2% inflation target.
3. The Dubai TOKEN2049 Summit announced today that it will be postponed to April 21-22, 2027.
The Dubai TOKEN2049 summit, originally scheduled for April 29-30, 2026, has been postponed to April 21-22, 2027. This comes after several locations in Dubai were attacked by Iranian drones and shrapnel, prompting many in the crypto industry to evacuate.
4. ARK Report: Approximately one-third of Bitcoin's supply faces quantum threat; BIP-360 proposes a response path.
A joint white paper published by ARK Invest and Unchained indicates that approximately 34.6% of the Bitcoin supply remains at risk from a long-term breakthrough in quantum computing, while 65.4% is currently relatively secure. Threatened assets include approximately 5 million BTC that can be migrated due to address reuse, 1.7 million BTC existing in early P2PK addresses, and 200,000 P2TR address assets. The report notes that while quantum computing poses a long-term risk, Bitcoin needs a soft fork upgrade by integrating post-quantum cryptography (PQC) standards such as ML-DSA or SLH-DSA. Furthermore, the BIP-360 proposal under discussion suggests introducing a Pay-to-Merkle-Root output type to reduce the key path vulnerability of Taproot. ARK predicts that quantum computers may not be able to crack the first public key until the mid-2030s.
5. Etherscan reveals industrialized Ethereum address poisoning: USDT dust transfers surge by 612%.
Ethereum address poisoning attacks have become increasingly industrialized. Affected by the Fusaka upgrade on December 3rd, which reduced transaction costs, the scale of attacks on the Ethereum network expanded significantly. USDT dust transactions surged by 612%, and approximately 17 million poisoning attempts occurred between July 2022 and June 2024, resulting in confirmed losses exceeding $79.3 million. Attackers use automated systems to generate highly realistic fake addresses and obfuscate transaction history with low-value dust or zero-value transactions. Although the success rate of a single attack is only about 0.01%, the large-scale competitive operation yields substantial profits.
