News

Odaily reported, according to ZachXBT, that the Polymarket UMA CTF Adapter contract was suspected of being attacked on Polygon, with over $520 thousand having been drained.

Golden Ten Data reported on May 22 that Chris Turner, an analyst at ING, stated in a report that as the interest rate differential between the US and the Eurozone may further move in a direction unfavorable for EUR/USD, the currency pair could see a deeper decline. He noted that Thursday's weak Eurozone Purchasing Managers' Survey has raised questions about how much more the European Central Bank can hike rates. Meanwhile, there is growing market speculation on further Federal Reserve rate hikes. "We believe that if EUR/USD falls below 1.1575, it could test 1.1500 again. Likewise, any progress in Middle East peace talks may limit any corrective rebounds around 1.1660/90, as the impact of the energy shock is expected to persist for the coming months."

Foresight News reports that Perp DEX PopDEX has completed a $30 million financing round, led by Foresight Ventures. The funds raised will be used to inject initial project liquidity, enhance trading depth and capital efficiency, accelerate product development, and expand the team and market.PopDEX is a decentralized perpetual contract trading platform centered around traders, focusing on capital efficiency, trading experience, and value distribution mechanisms. It aims to build an on-chain derivatives trading platform driven by real trading contributions. PopDEX has already begun inviting select outstanding traders to participate in internal testing, and will continuously optimize the product experience based on early user feedback. The internal testing phase will focus on refining trading processes, capital efficiency, product interaction, risk control, and user experience, preparing for broader open testing and product launch in the future.