Planet Morning News

1. Penpie hackers exchanged stolen assets for more than 11,000 ETH, part of which has been transferred to Tornado Cash; 2. In the past 24 hours, the entire network has liquidated $194 million, and BTC has liquidated $52.8153 million; 3. Penpie (PNP) fell below 1 USDT, with a 24-hour drop of nearly 40%; 4. Ethereum L2 transaction fees have dropped significantly in the past 6 months, and L1 revenue has dropped by 99%; 5. Pendle: The protocol funds are safe, and all contract operations have been temporarily suspended due to the Penpie vulnerability; 6. US SEC: About half of Galois Capital's managed assets were lost due to the collapse of FTX in November 2022; 7. Market news: The US SEC accused the crypto hedge fund Galois Capital of custody errors; 8. ZKsync development company Matter Labs announced a 16% layoff, the first layoff since its establishment 6 years ago; 9. Fundstrat Lianchuang: With the Federal Reserve's potential interest rate cut and the upcoming general election, investors should remain cautious in the next eight weeks.