#rust#blockchain#fhe#privacy
FHEVM by Zama lets you create smart contracts on Ethereum-like blockchains that keep all data fully encrypted and private while still running normally. It uses Fully Homomorphic Encryption (FHE) so computations happen on encrypted data without revealing it. This means your transactions, balances, votes, or game moves stay secret but verifiable. You can write these contracts in Solidity like usual, with no need to learn complex cryptography. FHEVM is fast, secure against quantum attacks, and works with existing apps. This helps you build private DeFi, auctions, voting, and more, protecting sensitive info on public blockchains. It makes blockchain apps more secure and private without losing functionality.
https://github.com/zama-ai/fhevm
🚨 BREAKING: $117M in assets stolen from @Balancer in the last 2 hours after a major hack!!!
🔹 Assets stolen are across multiple chains: #Ethereum, #Base, #Optimism, #Sonic, #Polygon, #Berachain – mainly in Liquid Staking Tokens (LSTs) of $ETH.
Top 5 stolen assets:
• 7,838 $WETH (~$29.1M)
• 6,841 $OSETH (~$26.8M)
• 4,459 $WSTETH (~$20.1M)
• 2,405 $SFRXETH (~$10M)
• 2,038 $RSETH (~$8.67M)
🔹 The hacker is acting quickly: Converting LSTs into $ETH in real-time!
🔹 Big move: Whale account 0x009, dormant for 3 YEARS, just resurfaced after the exploit and withdrew $7.38M worth of assets from #Balancer!
⚠️ ALERT: If you’re still on #Balancer, secure your funds NOW before it’s too late! 🔐
Follow @spotonchain for more updates about the hack!
https://x.com/spotonchain/status/1985289043383300351