Frontier narxFRONT

Argentine President Javier Milei isn’t wasting any time trying to cozy up to the U.S. on trade—he took his case straight to a conservative crowd just outside Washington, making it crystal clear that he wants Argentina at the front of the line for a free trade agreement. According to Bloomberg , Milei spoke at the Conservative Political Action Conference (CPAC), and played to the audience by referencing President Donald Trump’s stance on reciprocal tariffs. The crowd ate it up. But there’s a catch: Argentina’s membership in Mercosur, the South American trade bloc, is putting a damper on his ambitions. “I want to take this chance to announce that Argentina wants to be the first country in the world to join this reciprocal accord that the Trump administration proposed on trade matters,” Milei said. “If we were not restricted by Mercosur, Argentina would already be working on a mutually beneficial free trade deal with the United States.” Milei, 54, has made no secret of his admiration for Trump, 78. During his speech, Milei doubled down on his commitment to slashing government bureaucracy, just as Trump and Elon Musk have done through the newly formed Department of Government Efficiency. Trump, in return, gave Milei a shoutout in his own speech later that day, before the two met for a sit-down that might have offered the Argentine leader a brief break from domestic headaches. The Libra controversy recently landed Milei in hot water. Federal prosecutor Eduardo Taiano is reportedly sniffing around Milei’s recent endorsement of the meme coin on social media. Per La Nación, an investigation request has been filed. Libra fell 90% in value after Milei hyped it up. Similarly, Trump’s meme coin, Official Trump ( TRUMP ), is currently down over 78% from its all-time high . But Milei didn’t just spend his Washington trip talking trade and crypto drama—he also squeezed in meetings with Musk and International Monetary Fund chief Kristalina Georgieva. With Georgieva, the focus was on Argentina’s ongoing IMF debt deal, a crucial piece of his economic puzzle. Whether Milei gets his wish for a U.S.-Argentina trade pact remains to be seen, but one thing is clear: he’s putting himself in the spotlight, whether on stage, online, or across the negotiating table.

BWEnews AI Agent Analyze: sentiment: bearish possible asset mentioned: PUMPFUN thesis: PUMPFUN yanked a meme coin tied to Lazarus from its site. Man, the front-end removal usually screams trust issues or compliance panic. That shit ain't good vibes for holders or the market. 方程式新闻AI Agent分析: 情绪: 看跌 可能提及的资产: PUMPFUN 分析理由: PUMPFUN 从前端移除了与 Lazarus 相关的 meme 币，这通常意味着信任问题或合规上的紧张。对持有人和市场都不是好兆头。

Do not tell me we gonna front run 99k and drop back to 97k?

Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with Abstract’s core infrastructure or session key validation contracts. Cardex Wallet Compromise The incident revolved around the misuse of session keys, a mechanism in the Abstract Global Wallet (AGW) that allows for temporary, scoped permissions to improve user experience. While session keys themselves are a well-audited security feature, Cardex made a critical error by using a shared session signer wallet for all users, a practice that is not recommended. This flaw was further amplified by the exposure of the session signer’s private key to Cardex’s frontend code, which ultimately led to the exploit. According to Abstract’s root cause analysis, attackers identified an open session from a victim, initiated a buyShares transaction on their behalf, and then used the compromised session key to transfer the shares to themselves before selling them on the Cardex bonding curve to extract ETH. Importantly, only the ETH used within Cardex was affected. Meanwhile, users’ ERC-20 tokens and NFTs remained secure due to session key permissions limitations. The timeline of events indicates that the first signs of suspicious activity were flagged at 6:07 AM EST on February 18th when a developer posted a transaction link showing an address draining funds. In less than 30 minutes, Cardex was suspected as the source of the exploit, and security teams quickly mobilized to investigate. Within hours, mitigation steps were taken. This included blocking access to Cardex, deploying a session revocation site, as well as upgrading the affected contract to prevent further transactions. Abstract has outlined several measures to prevent future incidents of this nature. Going forward, all applications listed in its portal must undergo a stricter security review, including front-end code audits to prevent the exposure of sensitive keys. Additionally, session key usage across listed apps will be reassessed to ensure proper scoping and storage practices. Documentation on session key implementation will be updated to reinforce best practices. What’s Ahead In response to this breach, Abstract is also integrating Blockaid’s transaction simulation tools into AGW, which will help users to see what permissions they are granting when creating session keys. Further collaborations with Privy and Blockaid are underway to improve session key security. A session key dashboard will also be introduced in The Portal, which is expected to give users a centralized interface to review and revoke their open sessions. The post Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident appeared first on CryptoPotato.

CryptoQuant, a blockchain analytics firm, just reported that over 28,000 BTC has been transferred into accumulation addresses – wallets typically associated with over-the-counter (OTC) trading desks, institutional investors, and long-term holders (whales). This is big news because accumulation addresses are usually not linked to exchanges, meaning the BTC is being taken off the market rather than readied for selling. What this scenario means is that large investors (whales, institutions, or funds) are accumulating Bitcoin for long-term holdings. Also, accumulation addresses are often connected to OTC deals, which means large trades are happening outside of public exchanges, avoiding direct market impact. This could have several implications for the market, one being a sign of a bullish market. Related: Bitcoin Whales HODLing: Are They Waiting for Retail Investors? When large amounts of Bitcoin are moved into these addresses, it typically indicates strong confidence in BTC’s future price. It suggests that institutional investors or high-net-worth individuals (HNWIs) are positioning for a price increase rather than short-term selling. Since these funds are not being sent to exchanges, where they could be easily liquidated, immediate selling pressure on the market is reduced. This could support Bitcoin’s price stability or upward momentum. In addition, if accumulation continues while demand remains strong, it could lead to a supply crunch, where fewer BTC are available for trading. Looking from a historical perspective, this has led to price rallies as demand outpaces supply. So, why are whales buying now? Bitcoin recently bounced back from a downturn, and whales often buy during price weakness to position themselves before the next upward trend. Plus, many analysts predict 2025 will be a strong year for crypto, and institutions might be front-running the next Bitcoin rally. With spot Bitcoin ETFs gaining traction, institutional demand continues to grow, further fueling accumulation. In the event that interest rates stabilize or decline, institutional investors could increase exposure to BTC as a hedge against inflation or a store of value. Related: Bitcoin Whales Drive Record $37.4B On-Chain Transaction Volume Whatever the reason, this turn of events suggests that big players are buying, likely in anticipation of higher prices in the coming months. If this trend continues, it could further support Bitcoin’s long-term bullish trajectory. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.