Hack Details and Impact 

Abracadabra Money has now been attacked for the third time in the past two years. In 2024 and 2025, it lost $6.49 million and $13 million, respectively. According to blockchain researchers @officer_cia and Weilin William Li, the attacker exploited a vulnerability in Abracadabra’s smart contracts. Around $1.7 million in MIM tokens was withdrawn and swapped for ~395 ETH. 

• All affected smart contracts have been paused. 
• The attacker bypassed payment controls to quickly transfer the funds. 
• Abracadabra team has not yet released an official statement. 

Market Reaction and Precautions 

Abracadabra Money previously lost $13 million in a March 2025 hack. The recent attack has increased community calls for stress tests and comprehensive smart contract audits. 

According to CoinMarketCap, Magic Internet Money (MIM) saw a 16.98% drop in trading volume. The 60-day price decline reached 40.26%, while the 90-day increase recorded 19.83%. This underscores the sensitivity of investor confidence. 

The incident reignites discussions on security measures in the DeFi sector. Experts emphasize that proactive security testing and rigorous smart contract audits are critical. 

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The post DeFi Protocol Abracadabra Money Loses $1.7M in Hack Attack appeared first on Coin Engineer.

What Does This Mean for Investors? 

• Positions May Be Closed Automatically: Open positions will be automatically settled during the delist process. Investors are strongly advised to close positions in advance to avoid unexpected liquidations. 
• No New Positions: Starting from October 3, 2025, 08:30 (UTC), new positions cannot be opened on HIFIUSDT or BAKEUSDT perpetual contracts. 
• Increased Volatility Risk: Liquidity may decrease and price volatility may rise during the final hour before delisting. Investors should actively monitor their positions. 
• Additional Protective Measures: Binance Futures may take measures such as adjusting leverage, position value, maintenance margin, funding rates, and using the Last Price Protected mechanism to minimize risks in volatile conditions. 

Investors holding HIFIUSDT or BAKEUSDT perpetual contracts should manage their positions carefully before the delisting time to minimize risk. The process may affect both open positions and market dynamics. 

In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

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WLFI token launched on September 1, 2025, and saw strong demand. Its first-day ATH reached $0.46. Soon after, the price dropped to $0.23. Today, WLFI hit $0.1794, its all-time low, with a market cap around $4.49 billion. 

The decline followed heavy whale sales and pre-sale unlocks. Large wallets and pre-sale participants sold tokens in bulk. This created selling pressure among investors. Analysts note the token fell around 60% from its peak. 

Pre-Sales and Whale Movements 

Bubblemaps reports over 85,000 wallets participated in the WLFI pre-sale. Among them: 29% sold all tokens, 10% sold partially, and 60% still hold. These movements added downward pressure on the price. 

Experts point out that 20% of WLFI supply unlocked at launch triggered significant selling waves. Major whales like 0xC3e7 and 0x7ed4 dumped tokens, impacting the market further. 

World Liberty Financial team burned 47 million tokens, equivalent to 0.19% of circulating supply, attempting to stabilize the market. Despite this, the price continued to slide. 

Political criticism and conflict-of-interest concerns also weakened investor confidence. U.S. Senator Elizabeth Warren called the token activity “blatant corruption”, intensifying downward pressure.

It’s corruption, plain and simple. pic.twitter.com/OLfpGpkTQR

— Elizabeth Warren (@SenWarren) September 2, 2025

Investor Outlook and Future 

Investors watch the $0.20–$0.22 support level closely. Some believe recovery is possible if selling pressure eases. However, TRUMP token’s struggles raise doubts about WLFI’s rebound. 

Upcoming macroeconomic developments and buyback plans will influence WLFI’s next moves. Currently, investors act cautiously and avoid FOMO trades. Analysts emphasize pre-sale and whale activity will continue to affect prices. 

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The post Why Is Trump-Supported World Liberty Financial (WLFI) Falling? appeared first on Coin Engineer.

Trump said China, India, and Brazil are challenging the U.S. with their tariffs. He also noted that the stock market’s recent decline is due to uncertainty. Moreover, he highlighted the urgent need for a decision on tariffs. If the appeal is rejected, he would have to roll back tariffs. 

Tariff Appeal and Economic Impact 

Trump mentioned an “emergency meeting” scheduled for tomorrow regarding the tariff decision. He stressed that the country cannot face serious issues without tariffs. The president warned that losing the appeal would be economically catastrophic. He added that the stock market needs tariffs and that they are essential. 

Trump also stated that a significant interest rate cut is necessary. This move, he said, could stabilize the economy. He concluded that a negative ruling from the appeal court would place a heavy financial burden on the nation. 

International Relations and President’s Remarks 

Trump expressed disappointment regarding Russia’s President Putin. On the other hand, he is not worried about relations with China or Russia. “They would never use their military against us,” he said. Additionally, he denied all rumors about his health circulating in the media. 

Overall, Trump’s statements highlight critical economic and trade concerns. The upcoming emergency meeting and tariff decisions will have major implications for investors and the broader U.S. economy. 

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The post Trump Tariff Appeal and Economic Warning in Press Briefing! appeared first on Coin Engineer.

Investors tracked the development in real-time. Meanwhile, the exchange initiated the process of closing existing positions. The exact timeline for halting trades was determined. The announcement caused notable market volatility. 

What is LEVER Token and Why Did It Rise? 

LEVER is a popular cryptocurrency and the native token of the LeverFi platform. The platform operates in the decentralized finance (DeFi) space, offering leveraged trading services. LEVER serves as the governance token of the network and is also used across various platform services, giving it broad utility. 

Binance’s decision to delist LEVER/USDT futures was unexpected, yet it positively impacted the token price. Why? Such news usually boosts trading volume. The sudden price surge was primarily due to short position liquidations. Investors with open short positions panicked, triggering rapid liquidations, which significantly increased the buying pressure on the token. This drove the price sharply upward. 

Additionally, the news was perceived positively in the spot market. Investors were motivated to hold the token long-term, further strengthening its overall value. Part of the price increase came from this renewed investor interest. Ultimately, Binance’s decision created a unique opportunity in the market. 

Binance’s Decision and Market Implications 

Binance regularly reviews its futures pairs, occasionally delisting low-liquidity contracts. The main reason is to prevent market manipulation and protect investors. LEVER/USDT was delisted for a similar reason. The announcement caused a minor market shock, with short positions liquidated rapidly, pushing the price to a peak in a short period. 

However, whether this surge continues remains uncertain. Experts advise caution regarding short-term gains. Investors should approach the situation carefully and consider market volatility before making decisions. 

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Binance Delist Decision Sparks Over 100% Token Price Surge! appeared first on Coin Engineer.

Weekly Token Unlocks (August 5–9) 

August 5, Tuesday 

• ENA: 172 million ENA tokens (approximately $102 million) will be released into the market. This corresponds to 1.15% of the total supply and stands out as the largest unlock of the week. 
• SPEC: About 2.36 million SPEC tokens (worth $1.37 million) will be unlocked. This amounts to 12.42% of the circulating supply. 

August 6, Wednesday — MAVIA & GFAL 

• MAVIA: Approximately 5.55 million tokens (worth $878k) will be unlocked. This is 10.75% of the circulating supply. 
• GFAL: 16.67 million GFAL tokens (about $71k) will be unlocked, representing 0.32% of the circulating supply. 

August 7, Thursday — HFT 

Around 8.04 million HFT tokens (worth $544k) will be released, equal to 1.36% of the circulating supply. 

August 8, Friday — IMX, DEVVE & ACS 

• IMX: Approximately 27 million tokens valued at $13.5 million will be unlocked, making up 1.37% of the total supply. 
• DEVVE: 0.83 million DEVVE tokens ($419k) will be unlocked, representing 0.95% of the circulating supply. 
• ACS: About 274.85 million ACS tokens ($314k) will be released, which is 0.65% of the circulating supply. 

August 9, Saturday — MOVE & APE 

• MOVE: 51 million tokens (around $6.5 million) will be unlocked, equaling 0.51% of the total supply. 
• APE: 15.6 million tokens (approximately $28 million) will be unlocked. These distributions will come from investors and ecosystem funds. 

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The post $160M+ Token Unlocks Impact 6 Altcoins This Week appeared first on Coin Engineer.

Such decisions don’t just impact the listed projects — they also send ripples through the portfolios of thousands of investors worldwide.

Which Tokens Are Affected and Why?

According to Binance’s official statement, the following tokens will be delisted from all spot trading pairs on July 4, 2025, at 03:00 UTC:

• ALPHA (Stella)
• BSW (Biswap)
• KMD (Komodo)
• LEVER (LeverFi)
• LTO (LTO Network)

The delisting decision was based on several criteria, including development activity, community engagement, regulatory alignment, and liquidity. Binance emphasized that maintaining high-quality listings is essential to protecting users and ensuring platform integrity.

Click to Register to Binance Exchange with 20% Commission Discount!

What Investors Need To Know and Do

The impact extends beyond spot trading. Margin trading, loans, staking (Simple Earn), gift cards, convert features, and buy/sell crypto services related to these tokens will also be phased out on different dates leading up to July 4.

Important timelines include:

• July 2, 2025 – Suspension of margin and loan services
• July 3, 2025 – Final Simple Earn redemption and Convert platform changes
• July 4, 2025 – Complete spot trading delisting
• September 3, 2025 – Last day to withdraw affected tokens

After September 4, Binance may convert remaining balances into stablecoins, though this is not guaranteed.

Users are strongly advised to:

• Cancel all active orders
• Repay any outstanding margin loans
• Withdraw or convert their balances in time

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Decided to Delist These Five Coins! appeared first on Coin Engineer.