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Gate.io Blog Daily News | A New Vulnerability in iOS 16 May Cause Crypto Devices to Be Hacked; North Korean hackers stolen over $200M in Crypto in 2023; 7 Trending Tokens Are About to Be Unlocked

Daily News | A New Vulnerability in iOS 16 May Cause Crypto Devices to Be Hacked; North Korean hackers stolen over $200M in Crypto in 2023; 7 Trending Tokens Are About to Be Unlocked

21 August 11:44

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![](https://gimg2.gateimg.com/image/article/16925965870821.jpg)
## Crypto Daily Digest: A New Vulnerability in iOS 16 may cause crypto devices to be hacked; SEC may approve multiple Ethereum futures ETFs simultaneously
The latest news is that according to the Chief Information Security Officer of SlowMist, 23pds, in a tweet, network security researchers have discovered a new vulnerability exploit persistence technology in iOS 16: even if the victim's Apple device is offline, the technology can be used to access the device silently. However, this vulnerability is only possible on devices that have been exploited or jailbroken.

The hacker induces the victim to believe that their device's flight mode works properly. In reality, the hacker has implanted a false artificial flight mode after successfully utilizing the device. This mode will edit the user interface to display the flight mode <a href="/price/icon-icx" target="_blank" class="blog_inner_link">ICON</a> and disconnect all applications except the hacker's application from the internet.

SlowMIst reminds cryptocurrency practitioners not to use jailbreak devices for convenience.

According to insiders quoted by The Wall Street Journal, the Securities and Exchange Commission (SEC) may approve multiple <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> futures ETF applications simultaneously. Since July, the SEC has received applications from multiple investment companies for Ethereum Futures ETFs, and these companies have yet to withdraw their applications, which is different from the instructions given to companies to withdraw their applications in 2021. According to insiders, this indicates that regulatory agencies will not prevent the launch of ETFs in the short term.

Data shows that as of now, there are at least 16 Ethereum-related ETF applications waiting for regulatory approval.

A report released by blockchain intelligence company TRM Labs on Friday shows that although this year has not yet ended, hackers related to North Korea have stolen over $200 million in cryptocurrency in 2023, accounting for more than 20% of all stolen cryptocurrencies in 2023. In the past five years, cybercriminals have stolen over $2 billion in funds.

TRM Labs stated that North Korean hackers use various technologies to launder stolen funds, mainly using currency mixers after cross chain transactions, and then quickly cashing out through exchange accounts, which typically have lower KYC or anti-money laundering standards. After OFAC sanctions against Tornado Cash, Sinbad is usually used for currency mixing.

On August 21, Token Unlocks data showed that tokens for seven projects this week will be unlocked, with AVAX worth over $100 million to be unlocked on Saturday. INJ and LDO will also unlock tokens worth over $10 million at once.

At 0:00 am (UTC) on August 21, Injective will unlock 2.86 million INJs, worth approximately $22.02 million, accounting for approximately 3.41% of the total circulation;

At 0:00 am (UTC) on August 22, SPACE ID will unlock 18.49 million IDs, worth approximately $3.72 million, accounting for approximately 6.46% of the total circulation volume;

At 0:00 am (UTC) on August 24, <a href="/price/1inch-1inch" target="_blank" class="blog_inner_link">1inch</a> will unlock 274,000 1INCHs, with a value of approximately $687,700, accounting for approximately 0.03% of the total circulation volume;

At 0:00 am (UTC) on August 25, Acala will unlock 4.66 million ACAs, worth approximately $225,000, accounting for 0.58% of the total circulation volume;

At 5:51 pm (UTC) on August 26, <a href="/price/lido-dao-ldo" target="_blank" class="blog_inner_link">Lido DAO</a> will unlock 8.5 million LDOs, worth approximately $14.2 million, accounting for approximately 0.97% of the total circulation volume;

At 0:00 am (UTC) on August 26, <a href="/price/avalanche-avax" target="_blank" class="blog_inner_link">Avalanche</a> will unlock 9.54 million AVAXs, worth approximately $103 million, accounting for approximately 2.77% of the total circulation;

At 2:00 pm (UTC) on August 27, Yield Guild Games will unlock 12.22 million YGGs, worth approximately $2.87 million, accounting for approximately 6.6% of the total circulation.

## Today’s Main Token Trends
### BTC
![](https://gimg2.gateimg.com/image/article/1692596626BTC.png)
Last weekend, the second bottom was formed around $25,606.5 for BTC, and it was suggested to seize a light position for a short-term rebound at the $25,606 level. Subsequently, it pulled up to the mid-axis structure at $26,150. This week, we continue to wait for directions. The bullish resistance level to watch is $26,510, while the bearish strategy should be considered if it falls below the previous low at $25,150, targeting down to $24,220.

### ETH
![](https://gimg2.gateimg.com/image/article/1692596650ETH.png)
Last weekend, the second bottom was formed around $1,631.2 for ETH, and it was suggested to seize a light position for a short-term rebound at the $1,631.2 level. A clear head and shoulders bottom pattern has emerged in the short term. Attention is focused on breaking through the $1,694 resistance level. If not broken, it might need to retest the $1,631 support. The significant bottom line to hold is the ascending trend line.

### SEI
![](https://gimg2.gateimg.com/image/article/1692596669SEI.png)
Short positions are recommended to be established at $0.1668 for SEI, with a target of $0.1535. In the short term, attention still needs to be paid to whether it pulls back to the crucial support at $0.1535. If the downward trend continues, the targets are sequentially $0.1433, $0.1362, $0.1202, and $0.1060.
 
## Macro: Focus on the annual meeting of global central banks, focusing on Friday's Powell speech
This week, starting on August 24, the Jackson Hole Annual Conference, also known as the Global Central Bank Annual Conference, will undoubtedly be the annual feast of global central banks. Central bank governors and essential figures from various countries will attend, where you can learn about the current state of the global economy, gain insights into future policy directions, and discuss financial strategies, which is of great significance. The organizers of the Jackson Hole Annual Conference have been the Kansas Federal Reserve since 1982. The Jackson Hole Annual Conference is held annually in August in Jackson Hole, Wyoming, USA, lasting for three days each time.

The 2023 Jackson Hole Global Central Bank Annual Meeting will be held from August 24 to 26, with central bank governors from major countries gathering here. This year's theme is "Structural Changes in the World Economy."

Jackson Hole has frequently appeared in news reports and is the most important meeting of financial professionals of the year, becoming an event that affects the market. For global investors, this will be a big gamble. For central banks, this is also a competition, as global central bank governors express their views, which naturally attracts the attention of global investors.

The meeting has always been a venue for the Federal Reserve to convey important signals of monetary policy, known as the "barometer" of policy turning points, which continuously increases the authority and visibility of this meeting. At last year's Jackson Hole meeting, Federal Reserve Chairman Powell issued an unusually hawkish signal, dragging down global stock markets and triggering a bet to short the yen and euro.

The convening of this annual meeting coincides with the resurgence of the US dollar and the surge in US bond yields, threatening the exchange rates and stock markets of various countries. So, everyone is inquisitive about what Federal Reserve Chairman Powell (and the People's Bank of China is no exception) may say on Friday night. If Powell continues to send hawkish signals, the US dollar and US bond yields will further strengthen, posing a threat to global market stability. But a stronger US bond yield is precisely what the Federal Reserve is happy to see, as borrowing costs in the bond market rise and the economy itself slows down, to achieve the 2% inflation target again. Whether the Federal Reserve will continue to raise interest rates is expected to be determined at this meeting.

It’s important to focus on this global central bank annual meeting this week, as there will be a lot of information to understand, analyze, and interpret so that we can make better investment decisions.

<div class="blog-details-info">
<div>Author:**Byron B.**, Gate.io Researcher
<div>Translator:Joy Z.
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

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