Guavy AI Editorial TeamSentiment: -3Clout: 65

Crypto Markets See Major Developments Amid Uncertainty and Security Concerns

The crypto markets saw significant developments as Bitcoin spot ETFs witnessed $90.66 million in net outflows, while Ethereum spot ETFs saw a net outflow of $12.77 million.

Aztec Connect's legacy smart contract was hacked, exposing the growing security risks posed by dormant or 'zombie' contracts, with approximately $2.19 million stolen from the protocol.

Algorand laid plans for its blockchain to go quantum-resistant by 2027, upgrading user accounts and core components of the network.