Era Lend, operating on zkSync Layer 2 network, suffered a reentrancy attack with a loss of $3.4 million. The hacker exploited a read-only reentrancy vulnerability, allowing repeated calls within a transaction to drain funds.

Vitalik Buterin highlighted four major risks in the biometric-based proof-of-personhood system used by Worldcoin. Buterin said an approach combining social-graph and biometric techniques could mitigate these risks.

Crypto payments processor Alphapo’s hot wallets have been drained for at least $23 million on Ethereum, Tron and Bitcoin, according to ZachXBT. Alphapo customer HypeDrop has disabled withdrawals.

Brad Garlinghouse responded to the ongoing battle between Ripple Labs and the U.S. Securities and Exchange Commission via a pair of tweets on Saturday. “The SEC created this mess by proclaiming it was the cop on the crypto beat when it had no legal jurisdiction,” Garlinghouse tweeted. “It’s absurd to blame a Judge for faithfully applying the law,” he said.

SEC lawyers previewed a likely appeal to overturn portions of last week’s Ripple Labs in a separate enforcement case against TerraUSD and Luna creators Do Kwon and Terraform Labs.

Bankrupt crypto lender Celsius Network reached settlements that could clear the path to obtain court approval to return customer assets, the Wall Street Journal reported.

Web3 bug bounty platform Immunefi is being spammed with ChatGPT-generated reports that now account for 21% of accounts banned, as whitehat use of the tool grows. Not a single genuine vulnerability was discovered via ChatGPT-generated bug reports submitted to Immunefi.

Binance Labs invested $10 million in cross-chain lending and borrowing protocol Radiant Capital. The funding round will fuel further product developments and expansion to other Ethereum-compatible chains.

The UK finance ministry has rejected recent calls by the Treasury Committee to regulate crypto like gambling. UK financial services minister Andrew Griffith made the remarks, favoring a financial services approach.

Canadian authorities report several incidents of robbery targeting large crypto investors. The police warn investors to stay cautious and take necessary actions to safeguard themselves and their assets.