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04:45
ZachXBT: Strongly recommend staying away from Rain Protocol
Odaily reported that ZachXBT stated the on-chain addresses of the Rain Protocol team have crossed funding sources with failed projects such as TOMI and Data Ownership Protocol (DOP). On-chain tracking shows that the Rain Protocol deployer's associated address (0xa35e...b8bc) and the TOMI team's multisig associated address (0xa810...d5d1) both transferred funds to the same address (0xbac1...4fb0) in October 2025. Additionally, the address that received DOP's multisig funds also remitted funds to this address. According to the report, projects such as TOMI and DOP can all be traced back to Moshe Hogeg, an Israeli founder previously detained on suspicion of crypto fraud. Currently, Rain Protocol has a total value locked of 27.2 million USD on Arbitrum, all in its native tokens, and its token price appears to have been manipulated via a Uni V3 LP address associated with the deployer.
04:42
Governor of the Reserve Bank of India: Business expectations remain optimistic, service exports show good performance, the economy demonstrates resilience, rising energy prices and supply disruptions will put pressure on economic activity, the overall impact depends on the duration of the conflicts, and insufficient monsoon rainfall is expected to affect rural demand.
The Governor of the Reserve Bank of India stated: Business expectations remain optimistic, service exports are performing well, the economic situation demonstrates resilience, rising energy prices and supply disruptions will put pressure on economic activity, the overall impact depends on the duration of the conflict, and insufficient monsoon rainfall is expected to affect rural demand.
04:42
ZODL founder: The ZEC vulnerability is not a flaw in the underlying cryptography or the proof generation engine
```htmlJinse Finance reported that on June 5, ZEC suffered a 30% drop due to the unlimited forgery vulnerability in the Orchard pool. Josh Swihart, founder of ZODL, stated that the Orchard vulnerability exists in one of its rules, which was written too loosely and allowed false information to be accepted and still pass verification. As a result, the engine might mistakenly consider fake transactions to be valid. In fact, someone may have forged ZEC in the Orchard transaction pool. This is a flaw in the handwritten rules, not an issue with the underlying cryptography or the proof-generating engine. The question is how to ensure such vulnerabilities do not happen again, and the best answer is formal verification. Tachyon is currently being built using formal verification, with a more concise and unified rulebook. Compared to Orchard, there are fewer special cases and complex details, meaning the entire rulebook can be perfectly verified mathematically. Several teams are already working on formally verifying Orchard's existing circuits. If verification is successful, launching a second Orchard pool in the near term may be the best solution before Tachyon. While Tachyon is more streamlined, a formally verified Orchard pool can serve as an effective transitional measure.```
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