PANews reported on December 6 that Aerodrome disclosed on the X platform that the domain migration has been completed and is now live, with enhanced security protocols enabled to improve domain security.
Previously , Aerodrome disclosed on its X platform that the domain hijacking attack it suffered on November 21st was completely mitigated in less than four hours, and a follow-up response plan has been developed. Users lost approximately $700,000 in this attack. Within two minutes of the first malicious transaction being detected, major wallets such as MetaMask and Coinbase Wallet began displaying warnings. Losses were limited to users who connected and signed transactions while the malicious website was active. Currently, the team is working with security consultants and business registrars, and the domain is expected to be migrated and reopened next week. In addition, Aero and the Velo Foundation are developing plans to provide affected users with compensation proportional to their losses.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

