An attacker exploited a Gnosis Safe wallet on Ethereum, removing about 2,900 rsETH, worth roughly $7.8 million, on Tuesday. An automated bot known as “yoink” front-ran the attack transaction and extracted the tokens, security firms BlockSec, Blockaid and SlowMist said. The victim’s wallet was set up to let a helper contract move money for it, an ordinary arrangement for people who automate their trading. The helper was meant to verify that the caller had permission, but SlowMist and BlockSec found the check approved anyone who named the helper itself as the target. The attacker then dumped around 2,900 rsETH into…

Crypto stocks were a sea of red Tuesday afternoon after the Senate failed to advance the Clarity Act, dealing a major blow to an industry that has spent years — and hundreds of millions of dollars in campaign contributions — gunning for a comprehensive U.S. regulatory framework.Coinbase COIN$172.44·Market Closed was down nearly 9% at $174.42, while stablecoin issuer Circle CRCL$86.03·Market Closed dropped 9.4% to $88.26. Galaxy Digital GLXY$22.26·Market Closed lost 8% and Gemini (GEMI) fell 7%.The pain spread across the sector. Robinhood HOOD$110.49·Market Closed was down 3%, Bullish BLSH$35.62·Market Closed lost 5% and eToro (ETOR) fell 4%.Among crypto miners, Riot Platforms RIOT$19.64·Market…

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