News linked to this event type.
Initia stated that on October 23 at 22:59 (UTC+8), an attacker exploited a vulnerability in the Initia MoveVM script cache to bypass security checks and forge MoveVM state, crediting themselves with WETH, iUSD, and USDC that had no actual backing. The total supply of the relevant tokens has not changed, INIT was not minted additionally, and the total supply is unaffected.
Odaily reports: According to monitoring by on-chain analyst Yu Jin, Arthur Hayes is bearish on the market outlook and has reduced positions worth $26.08 million across multiple tokens, including:8,000 ETH, at a unit price of $2,369.18, worth $19 million;14 million ENA, at a unit price of $0.191, worth $2.76 million;323,000 UNI, at a unit price of $6.85, worth $2.24 million;1.89 million ETHFI, at a unit price of $0.635, worth $1.23 million;547,000 AERO, at a unit price of $0.716, worth $400,000;120,000 PENDLE, at a unit price of $2, worth $240,000;3 million ZAMA, at a unit price of $0.0706, worth $210,000.
Well-known trader Dr Profit posted on X stating that whenever the price of Bitcoin (BTC) reaches the target zone marked on his chart, it presents an opportunity to further increase existing long positions. Dr Profit stated that he is currently employing this strategy, viewing this price zone as a buying opportunity rather than a signal to panic sell.
Meanwhile, Fidelity FBTC saw a net outflow of $116.6 million, ARK Invest's ARKB recorded $99.6 million in net outflows, Grayscale GBTC posted $51.8 million in net outflows, and Bitwise BITB faced $18.5 million in net outflows.
According to on-chain analyst Darkfost, Bitcoin spot ETFs recorded a net inflow of 5,183 BTC this week. Despite the relatively modest inflow, it has pushed the cumulative net inflow since 2026 back into positive territory. Data shows that for most of the period since 2026, Bitcoin spot ETFs have been in a cumulative net outflow. With recent capital returning, the year-to-date cumulative net inflow has reached 10,784 BTC.
Odaily reports: Arjun Sethi posted that Kraken's inquiries to Monero (XMR) buyers regarding employer, source of funds, and purpose of holding were improper. The relevant inquiries have been withdrawn, customers are not required to provide information, and the question about the purpose of holding has been canceled. Kraken still retains source-of-funds verification, and XMR remains listed for trading; Kraken does not accept XMR deposits, users in the European Economic Area and the United Kingdom cannot trade, and users in Canada and Australia cannot deposit, hold, or trade.
Following the last surge in Bitcoin inflows of a similar scale, BTC prices topped out within a few weeks.
Odaily reports: Arthur Hayes posted on X platform that his investment firm Maelstrom has liquidated its positions in ETH, ENA, UNI, and other altcoin-related holdings, taking profits.Hayes believes that due to macroeconomic and geopolitical uncertainties, the crypto market may need to experience a downturn first before rising again. He stated that he currently plans to stay on the sidelines temporarily and wait for clearer signals from the market before considering re-entry.
that, according to Onchain Lens monitoring, a wallet associated with Arthur Hayes (0x6cd...7e21) transferred 8,000 ETH, worth approximately $19 million, including 1,600 ETH each to Binance, Galaxy Digital, and FalconX, each worth about $3.8 million, intended for sale.
according to Lookonchain monitoring, Arthur Hayes (0xaE...214D, @CryptoHayes) is selling tokens worth $22.28 million, including 6,400 ETH worth $15.2 million; 14 million ENA worth $2.76 million; 323,000 UNI worth $2.24 million; 1.89 million ETHFI worth $1.23 million; 546,609 AERO worth $398,000; 120,000 PENDLE worth $244,000; and 3 million ZAMA worth $214,000.
Odaily Report: According to Onchain Lens monitoring, Arthur Hayes (0x6cd...7e21) has transferred tokens again after a 9-day hiatus: depositing 14 million ENA worth $2.74 million to Binance, 323,000 UNI worth $2.24 million to Wintermute, and 1.89 million ETHFI worth $1.22 million to FalconX, totaling $6.2 million in transfers.
Odaily reports: Franklin Templeton on Thursday issued approximately $150 million worth of tokenized money market fund shares on the XRP Ledger, bringing the related shares on that network to nearly 193 million. At $1.039 per share as recorded in transaction records, the related shares are worth approximately $200 million in total. The new shares were issued through two subscription transactions of $75 million each, both transferred to the same wallet, which as a result holds all of the fund's shares on the XRP Ledger. On-chain records show that this wallet shares the same 8 authorized signer addresses as Franklin Templeton's issuance account, with any two addresses able to jointly approve transactions. It is currently unclear whether the wallet represents a single investor or is held by a custodian on behalf of multiple clients' assets; the identity of the relevant investors and the source of funds have not been disclosed. These tokens correspond to shares of Franklin Templeton's Singapore-registered OnChain U.S. Dollar Short-Term Money Market Fund. The fund primarily invests in short-term U.S. dollar debt and money market instruments, with returns reflected in the share price. The fund's tokenized assets on the XRP Ledger rank second in size only to Ripple's RLUSD stablecoin. Holding the related tokens requires approval from the issuer, and the issuer also retains the authority to freeze balances and claw back tokens.
according to on-chain analyst Ai Yi's monitoring, a GPS project-affiliated address (0x0b3...fee43) received 1.5 million TREAD, worth $1.16 million, 9 hours ago. GoPlus is Web3 security infrastructure, and Treadfi is trading execution infrastructure; on-chain analyst Ai Yi stated that no public cooperation or connection between the two projects has been found previously, and the intent of this transaction remains unclear.
According to Upbit's official announcement, Upbit will list the Bubblemaps (BMT)/KRW trading pair today at 11:00 Beijing Time, supporting deposits and withdrawals on the Solana network. According to the announcement, buy orders will be restricted for the first 5 minutes after trading opens, and sell orders more than 10% below the previous day's closing price will also be restricted; only limit orders will be supported for approximately the first 2 hours. If liquidity is insufficient, the trading opening time may be delayed.
Odaily Report: According to on-chain analyst Ember Monitoring, trader @Salem1299534 (0xb8f...04eA) liquidated and sold 20.06 million AI tokens 2 hours ago, exchanging them for 461 ETH, worth $1.09 million, causing AI to briefly drop 15%. The trader ultimately profited $2.14 million on AI, with an investment cost of $980,000 and sold back for $3.12 million.
According to court documents, the fraud syndicate contacted victims through social media, phone calls, and online dating platforms, using fake cryptocurrency trading websites to lure them into investing. Funds were subsequently transferred through U.S. shell companies, international bank accounts, and digital asset wallets. Over $36.9 million in victim funds were routed to an account at Deltec Bank in the Bahamas, converted into USDT, and transferred to cryptocurrency wallets in Cambodia, before ultimately reaching the operators of local scam compounds.
Odaily reports: According to monitoring by on-chain analyst Yu Jin, an institution that invested in both Aave and Worldcoin (0x8A01...94d, 0x792E...2aD, 0xb38B...F99) transferred tokens worth $33.18 million to multiple CEXs one hour ago, including 6,000 ETH, worth $14.4 million; 19 million WLD, worth $9.67 million; and 62,000 AAVE, worth $9.11 million.
According to Onchain Lens monitoring, Cumberland (0x83B...Fc2e4) transferred 10.31 million USD1 to BitGo, worth approximately $10.3 million, possibly for over-the-counter (OTC) trading.
According to Onchain Lens monitoring, a whale withdrew 3,501 BTC, valued at approximately $285.8 million, from Bitstamp and subsequently continued transferring the funds to new wallets.
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.