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#StablRStablecoinDepegsAfterExploit
This is a classic and painful example of "decentralized in name only" governance coming back to bite a project. When a protocol uses a 1-of-3 multisig for something as critical as minting rights, it completely defeats the purpose of having a multisig wallet in the first place.
Here is a breakdown of what went wrong, how the attacker extracted the funds, and why the "profit" was so much lower than the face value of the tokens.
How the Attack Unfolded
The exploit was fundamentally a key management failure rather than a code vulnerability. Because the contract only required one signature out of three to execute transactions, compromising a single private key gave the attacker full keys to the kingdom.
The Attack Progression
Step 1: Key Compromise & Takeover: The attacker gained access to one of the three private keys. Using this single signature, they executed an admin command to add their own address as an owner and completely removed the two remaining, legitimate signers.
Step 2: Unbacked Minting: With total control over the minting contract, they instantly minted 8.35 million USDR and 4.5 million EURR without providing any collateral.
Step 3: The DEX Dump: The attacker rushed to decentralized exchanges (DEXs) to swap the unbacked tokens for Ethereum (ETH).
Slippage and Thin Liquidity: The $7.6M Haircut
The attacker minted a combined face value of roughly $10.4 million at peg. However, they only walked away with about 1,115 ETH (approx. $2.8 million).
Why the massive discrepancy? Thin liquidity.
Stablecoin pools on DEXs rely on deep liquidity to maintain automated market maker (AMM) pricing. Because the StablR pools were relatively shallow, the attacker's massive, sudden sell orders completely overwhelmed the available liquidity. This triggered extreme price slippage, effectively crashing the value of the very tokens they were trying to cash out during the swap itself.
The Regulatory Nuance (MiCA)
What makes this particularly notable is StablR's positioning as a European regulated, MiCA-compliant issuer. The Markets in Crypto-Assets (MiCA) regulation enforces strict rules on reserves, capital requirements, and auditing.
However, as security firm Blockaid pointed out, standard regulatory compliance audits generally focus on financial reserves and legal structures rather than real-time technical operational security (OpSec). Legal compliance does not automatically equal structural cryptographic security; a 1-of-3 multisig structure is a glaring single point of failure regardless of how compliant the underlying company is on paper.
‍$ETH

#DailyPolymarketHotspot
The US and Iran will not reach a definitive nuclear agreement by the end of May 2026; because the current draft on the table is not a permanent nuclear deal, but only a 60-day temporary ceasefire and dialogue framework agreement. Significant progress has been made in negotiations following the war that broke out between the two countries in February 2026, and although US President Donald Trump has stated that the process is "progressing positively," the parties have postponed the most critical nuclear issues, such as uranium enrichment, to a later date. Moreover, both the Iranian Foreign Ministry and US officials emphasize that a final agreement is not yet "a matter of the hour."
In summary, it is quite likely that a temporary military/economic de-escalation agreement will be signed by the end of May to open the Strait of Hormuz and halt hostilities, but the completion of a comprehensive and permanent nuclear deal will take months.

Gate Prediction Market has completed a new round of feature upgrades, focusing on real-time information access, market monitoring capabilities, and community interaction experience improvements. This upgrade has been integrated into Gate App v8.20.
Highlights of this update:
🔹 Polymarket monitoring feature launched, supporting smart money tracking, wallet-level monitoring, and strategy tracking based on position size
🔹 Brand new Live section, aggregating currently active prediction events, with real-time prices and trading dynamics clearly visible
🔹 Event comment section officially opened, supporting users to discuss market judgments, strategy ideas, and market sentiment
Through this upgrade, users can more quickly capture market changes on the same platform, better understand market sentiment, and discover potential trading opportunities in real time.
👉 Explore Polymarket: https://www.gate.com/prediction
👉 Learn more: https://www.gate.com/announcements/article/51362

#StockTradingChallengeUpTo17000U
This promotion packs a ton of value, especially for an campaign bridging crypto and traditional stock markets. Because it features stackable rewards across three distinct tracks (spot, futures, and CFD), it allows different styles of traders to maximize their return depending on their capital allocation.
If you are putting together marketing copy, an announcement post, or a strategic breakdown for this campaign, here is how you can organize the key details to make it highly scannable and engaging for your audience:
Gate Stock Trading Challenge
Event Deadline: Active now until June 15, 2026
Reward Tiers & Tracks
Participants can stack earnings across multiple activities to clear a maximum pool of up to 17,000 USDT.
The Three Core Tracks: Spot, Futures, and CFDs (Contracts for Difference).
New Trader Welcoming Bonus: New accounts instantly pick up 2-10 USDT in stock tokens just for getting started.
Task-Based Cash Bonuses: Extra cash multipliers are unlocked by completing dedicated mini-tasks for Flash Swaps, ETFs, and US Treasury products.
Referral Boost: Stack additional rewards by inviting friends to join the trading challenge tracks.
Beginners / Low-Risk"Free Skin in the Game"The 2-10 USDT welcome stock tokens & easy Flash Swap tasks.
Traditional Macro Traders"Crypto Meets Wall Street"The inclusion of CFDs, ETFs, and US Treasury yield tasks.
High-Volume Alpha Traders"Stackable 17K Prize Pool"Maximizing volume across spot and futures tracks simultaneously.
Given the unique mix of traditional finance (stocks, government bonds) and cryptocurrencies in the campaign, focusing on the Traditional Macro/Multi-Asset Investor angle is highly effective. It highlights the available product diversity (ETFs, CFDs, US Treasury Bonds) while also emphasizing the large and accumulating prize pool.
Wall Street meets Web3. The Gate Stock Trading Challenge has officially BEGUN, bringing together traditional markets and cryptocurrencies with a massive accumulating prize pool of 17,000 USDT!
Whether you trade Spot, Futures, or CFDs, your volume matters.
Here's how to claim your share before June 15th 👇
Key Trading Paths and Benefits
Choose your playstyle—or combine all three:
Spot Trading – Clean asset trading.
Futures and CFDs – Maximize capital efficiency.
New to the platform? Get a quick start on your portfolio with an instant 2-10 USDT stock token bonus by making your first trade.
Multipliers
Want to boost your earnings? Unlock extra cash bonuses by completing special macro tasks:
Instant Quick Swaps
Traditional ETF trading US Treasury bond yield products
Call to Action
Bring your team too—the referral program offers extra rewards for every trading buddy you invite.
Time is running out. This contest ends June 15th.

‍#Polymarket每日热点
Loracle's aggressive short position in $HYPE is one of the prime examples of how whale activity can disrupt prediction markets and token sentiment.
Whale Effect in $HYPE
The shift from long to short in April signals a belief that HYPE is overvalued.
The $140 million short position is not only directional but also a liquidity event. Other investors will react to this imbalance.
The large short positions at $64 are creating a psychological ceiling. Investors may hesitate to break above this level.
Smaller players often reinforce the movement, mirroring whale sentiment.
If HYPE unexpectedly rises, Loracle's excessively large short position could cause a serious squeeze.
Resistance Zone: The $64-$68 range is currently heavily defended by whale short positions.
Support Levels: $55-$58 remains a key liquidity band where buyers are entering.
Investors should expect sharp fluctuations as they test whale belief.
Any unexpected bullish event (partnership, IPO, meme-driven excitement) could lead to positions being closed.
Trading Strategy
Consider short-term volatility: Trade within the ranges defined by the whale, with short-term movements.
Don't blindly follow Loracle – whales may hedge elsewhere.
Use tight stop-loss orders; whale-driven movements can quickly reverse.
If a squeeze risk arises, small long positions around $55-58 could yield profits.
Polymarket Daily – $HYPE Outlook (May 25)
Whale took a $75 million short position on Loracle at $64, total short position > $140 million.
Resistance: $64-68 | Support: $55-58.
Fluctuations may occur in the twilight, watch out for the risk of a squeeze. The market is trending downwards, but this trend could be fragile if the momentum changes.
Bearish Scenario
Loracle's $140 million short position is creating a high ceiling at the $64-68 level.
Smaller long positions may surrender, reinforcing downward momentum.
Investors are hesitant to challenge the whale's belief, leading to self-fulfilling downward pressure.
If sales increase and liquidity decreases, the price could fall to $50-55.
If HYPE rises with unexpected catalysts (partnerships, listings, meme-driven excitement), Loracle's massive short position could backfire.
Retail investors may deliberately oppose whale positions, triggering volatility.
A break above $68 could trigger panic closing and quickly send the price towards $75-80.
If a squeeze occurs, the price could fall to $75-80.
Trade volatility within the ranges set by the whale ($55–$68).
Open small contractual long positions around $55–$58 with tight stop losses.
Watch for catalysts that could shift market sentiment — meme virality, stock market listings, or whale hedging signals.
Whale short positions are dominant, targeting $50–$55.
Risk of short squeeze, breakout towards $75–$80.
Scalp on volatility, hedge with contractual long positions, and watch for catalysts.
‍$HYPE