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Odaily reported that Tether stablecoin USDT has reached a market capitalization of 186 billion US dollars, surpassing Ethereum and becoming the second largest cryptocurrency by market capitalization. Ethereum's market capitalization fell below 185 billion US dollars after a 5.2% price drop within 24 hours, with its price once dropping to 1,510 US dollars.  Currently, stablecoins account for nearly 15% of the overall cryptocurrency market capitalization. According to 21Shares, stablecoin supply dropped by more than 30% during the previous bear market, but has reached a historical high in this cycle. Circle’s USDC has also surpassed Ripple’s XRP in market capitalization; XRP's market capitalization has dropped to 64 billion US dollars, while USDC's market capitalization stands at 73.6 billion US dollars. (Cointelegraph)

According to ChainCatcher, Web3 security company GoPlus Security has pointed out that there has been a surge in smart contract vulnerability attacks recently, especially targeting old contracts that have been deployed for many years, which have become a key focus for attackers who are leveraging AI technology to quickly detect and exploit these vulnerabilities. Typical recent incidents include: On June 9, the Token of Power (TOP) contract, which was deployed 7 years ago, was attacked on Ethereum, resulting in a loss of approximately $1.5 million; On May 25, the WUSD.fi contract, deployed 3 years ago, was attacked, resulting in a loss of around $200,000; On June 14 and June 18, Aztec Network suffered two consecutive attacks due to old contracts deployed 2 years ago, with total losses exceeding $4 million. GoPlus Security believes that traditional auditing methods are difficult to effectively cover legacy contracts, and that adopting AI-based continuous auditing (Always-on Audit) services may be the most effective solution at present, as they can perform security checks on old contracts in a short timeframe, achieving a balance between reliability and cost.

Glonhui June 26th丨Sumitomo Chemical, Japan's leading large integrated chemical company, announced today that it will increase the price of ammonium nitrate starting July 1st.