News

Jinse Finance reported that Emmett Gallic, the on-chain analyst who previously disclosed and analyzed the "1011 Insider Whale," posted on X revealing updated data on the bitcoin reserves of the crypto mining company American Bitcoin, which is supported by the Trump family. In the past seven days, approximately 623 BTC were added, of which about 80 came from mining income and 542 were acquired through strategic purchases on the open market. As of now, their total bitcoin holdings have increased to 4,941 BTC, with a current market value of approximately $450 million.

According to ChainCatcher, 0G Foundation posted on X that a targeted attack compromised its rewards contract. The attacker exploited the emergency withdrawal function of the 0G rewards contract, which is used to distribute alliance rewards, and stole 520,010 $0G tokens. These tokens were subsequently bridged and dispersed via Tornado Cash. The attacker obtained a leaked private key from an Alibaba Cloud instance responsible for managing NFT status and rewards updates, with the private key stored locally. Due to a critical vulnerability in Next.js (CVE-2025-66478) that was exploited on December 5, multiple Alibaba Cloud instances were breached. The attacker moved laterally through internal IP addresses, affecting calibration services, validator nodes, Gravity NFT services, node sales services, computing, Aiverse, Perpdex, Ascend, and others. The confirmed total losses are: 520,010 $0G, 9.93 ETH, and 4,200 USDT. Aside from the rewards distribution contract, neither the core chain infrastructure nor user funds were affected.