News linked to this event type.
Odaily News - Meme coin trader Bonk Guy posted on X platform, reminding that with his recent portfolio gains, trading alongside someone who earns over $3 million a month is certainly tempting, but investors should fully understand the risks before choosing to copy-trade, and should not blindly follow such trades.Bonk Guy stated that he sometimes opens positions even without in-depth research, and may sell at any time, for any reason, without providing investment logic. Therefore, his purchase of a token should never be taken as an endorsement of that project.Bonk Guy said that although he remains optimistic about the early opportunities in the Robinhood chain ecosystem and will continue to hold promising projects and actively participate in the ecosystem, this does not mean he will hold all positions forever. He added, "No coin goes up forever, every position you buy will eventually be sold."
Odaily News - StonkBrokers development team Clutch Markets announced on X the launch of the STORMM (Stock Token Optimized Regenerative Market Maker) mechanism, and plans to launch Leverage Machine, a permissionless on-chain options exchange built on this mechanism, in September. On Leverage Machine, users can provide stock token or ETH liquidity and earn LP fees, option premiums, and stock token multiplier dividends. Other users can purchase call or put options based on the corresponding liquidity. Notably, every option position on the platform will be minted as a tradable NFT, recording position size, strike price, expiration time, and in-the-money status, and can be traded on NFT marketplaces such as OpenSea.In addition, Leverage Machine will introduce Easy Mode, where users only need to input their predictions on stock token price and time horizon, and the system will automatically match the corresponding strike price liquidity and complete the option trade. For option buyers, this mode has no forced liquidation like perpetual contracts—positions will simply expire worthless or be exercised if in-the-money at expiration.
Odaily News, realtrumpcoins posted a statement on the X platform stating that reports claiming Trump Coins have launched, promoted, or authorized the issuance of digital tokens are "completely false" and that the information stems from malicious third-party actions. It emphasized that Trump Coins has never authorized, and will not launch, promote, or authorize the issuance of any digital tokens. The team is currently cooperating with relevant authorities to investigate the matter and will hold those responsible accountable.Previously reported, the Meme coin GOLD was created on Solana yesterday. After @realtrumpcoins1 posted a tweet containing the GOLD contract address, the token's market cap briefly surged to $66 million. The tweet was subsequently deleted, and GOLD's market cap plummeted from $55 million to $1 million in approximately 30 seconds.
Neutrl stated the team has identified an issue with a position in its strategy, which has affected the liquidity of part of the protocol's reserves, and the relevant smart contracts have been suspended. The protocol currently holds approximately $27 million in available liquid assets, in addition to strategy positions that have not yet been realized, along with corresponding profits or losses. The timeline, amount, or recoverable value cannot be confirmed at this time. In response to user demand for liquidity, Neutrl plans to open an early redemption mechanism for NUSD and sNUSD holders, treating all holders equally. The target timeline is early September, subject to the progress of the deployment of new redemption contracts, independent audits, and legal and financial review processes. The timeline may be subject to change. The team advises holders not to trade NUSD or sNUSD during the assessment period, so as not to affect recovery arrangements.
Odaily News: Privacy-focused cryptocurrency Zcash has risen about 19 times over the past year, yet its market cap remains less than 1% of Bitcoin's. Digital asset management firm Grayscale stated that financial privacy, cybersecurity development, and cross-chain connectivity capabilities could drive Zcash to further expand its market share.As of August 29, Bitcoin's market cap stood at $1.56 trillion, while Zcash's market cap was $13.74 billion—approximately 0.88% of Bitcoin's, with Bitcoin's market cap being roughly 114 times larger. Grayscale estimates that if ZEC were to reach 2%, 5%, and 10% of Bitcoin's market cap, the corresponding prices would be $1,622, $4,054, and $8,109, respectively. These scenarios are not price predictions.On August 25, Grayscale's Zcash ETF began trading on NYSE Arca under the ticker ZCSH, moving from OTCQX to NYSE Arca, providing investors with exposure to spot ZEC without needing to directly purchase tokens or manage wallets and private keys.Zcash utilizes a proof-of-work consensus mechanism with a fixed supply of 21 million coins, and supports the concealment of transaction details through zero-knowledge proofs. Its intents technology can coordinate cross-chain transactions based on user goals, such as converting other digital assets into ZEC. (Bitcoin.com News)
Odaily News: In Solana's first binding on-chain governance vote, SGP-0002, a proposal aimed at accelerating the downward adjustment of SOL inflation, passed with 67% support. The proposal, driven by infrastructure provider Helius, plans to increase Solana's annual inflation reduction rate from 15% to 30%, accelerating the network's path to a terminal inflation rate of 1.5% and reducing the scale of new SOL issuance in the medium to long term. Ahead of the voting deadline, the proposal's support rate had not yet reached the two-thirds quorum threshold. In the final stages, Helius CEO Mert Mumtaz reached out to major validators and institutions, with Kraken's validator node Kraken2 switching its stance from opposition to support as the deadline approached. Ultimately, the proposal received 67% support, 25% opposition, and 7.84% abstentions, with a staking participation rate of 60.7%, meeting the quorum requirements. Mert Mumtaz stated that after hundreds of communications, the proposal secured key votes in the final stage and passed.
Polygon disclosed multiple hidden security vulnerabilities affecting its PoS network and implemented preventive fixes through a recent fork, with no evidence of actual exploitation.
Odaily News: Numa Lunah, co-founder of the crypto project Refi Hub, stated that he was hacked after using a download link provided in a Claude chat window to install a transcription application. The link pointed to a fake website bundled with malware, which attempted to steal all information from his device upon execution.Numa Lunah said he wiped and reinstalled the affected laptop and found no signs of sensitive data leakage. Subsequently, he discovered a contaminated Claude Code skill file named SKILL.md in his backups. The file was disguised as a style guide written by himself and contained instructions to re-download malware and steal credentials every time it was loaded.Microsoft Defender Experts previously warned that attackers have shifted from search engine optimization poisoning to large language model response poisoning. These tactics include recommending attacker-controlled download links, AI-branded fake installers, and contaminated code repositories and agent skills. Individuals working in the crypto industry may hold irrevocable credentials such as mnemonic phrases, private key files, hot wallet JSONs, exchange API keys with withdrawal permissions, and deployer keys. (Bitcoin.com News)
According to market data from GMGN, the market capitalization of the Robinhood chain Meme coin COPPERINU briefly surpassed $18 million, hitting a new record, with a 24-hour increase of over 1,000 times. The token was deployed by Pons Vault developers, who sent 40% of the tokens to the wallet of crypto KOL Him. Him stated that he accepted the allocation because it was deployed by the Pons Vault developers, and he intends to implement staking, claiming, and burning mechanisms around the token, while also using the received tokens for community airdrops.
The official Pons account posted an update on the token burn progress on the X platform. To date, 29% of the total PONS token supply has been burned, and the Pons Treasury continues to use 80% of protocol fee revenue to accumulate PONS. According to market data from GMGN, the Robinhood Chain ecosystem token PONS surpassed a $214 million market cap to hit a new all-time high, currently standing at $208 million, with a 24-hour gain of 61.32%.
Odaily News: Arthur Hayes stated that investors should prepare to buy Bitcoin and expects Bitcoin to perform well in the coming years. He believes that if the U.S. continues to expand its money supply, Bitcoin's price could ultimately rise to $250,000.Bitcoin has risen about 20% since mid-August, adding $300 billion to its total market capitalization within hours. Scott Bessent previously pledged to support the bond market, and this week it was noted that the Treasury may tap nearly $1 trillion from the Treasury General Account to fund bond purchases.Gadi Chait, investment manager at Xapo Bank, said Bitcoin rose about 23% last week, marking its largest weekly gain since March 2023. During the same period, U.S. spot Bitcoin ETFs saw net inflows of approximately $1.9 billion, with record short liquidations further fueling the rally. (Forbes Digital Assets)
Odaily News: The startup funds for the GOLD token developer can be traced back to KuCoin, and the funds from 15 operational wallets can be traced back to Binance; the group also deployed the Trump Digital Platinum token, PLATINUM.
: Blockchain technology company Starkware stated that on August 26, a transaction using researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) scheme was mined on the Bitcoin mainnet, without requiring a soft fork, hard fork, or modification of consensus rules.The transaction consumed 10,000 sats and was processed through MARA Foundation's Slipstream service, as the non-standard format typically cannot propagate through Bitcoin's public mempool. The test consumed several hours of GPU computation, costing approximately $150 to $200.QSB employs hash-based quantum-resistant spending conditions and reduces quantum attack risks through signature trial mining, but still requires users to proactively migrate funds and cannot protect assets whose public keys have already been exposed. Starkware CEO Eli Ben-Sasson still supports introducing a protocol-level solution via a soft fork. (Bitcoin.com News)
Polygon Labs issued an emergency client upgrade advisory stating that after the activation of the Austin and Kyoto hard forks, Polygon PoS nodes still running older versions of the Bor or Heimdall clients have diverged from canonical consensus and must upgrade and catch up to the on-chain state before they can rejoin the network.
Circle announced that USDC, EURC, the Cross-Chain Transfer Protocol (CCTP), and Bridge Kit are now live on Plasma. Payment service providers, fintech companies, digital banks, and developers on Plasma can use regulated US dollar and Euro stablecoins to support scenarios including payments, cross-border remittances, multi-currency foreign exchange, on-chain transactions, lending, liquidity provision, treasury management, corporate payments, and global settlement.
According to on-chain analyst Ember Monitor, the executor of the Trump Digital Gold (GOLD) scam sold all 82.454% of their GOLD tokens 2 hours ago, netting a total of 9,784.6 SOL, worth approximately $1.01 million.The token was created on Solana at 7:38 today. The scam executor controlled 82.454% of the tokens—824.54 million—through token allocation and post-listing purchases.At 9:00, the Trump-affiliated account @realtrumpcoins1 posted a tweet containing the token address. GOLD's price surged rapidly, reaching a market cap of $66 million at its peak.At 11:48, the related tweet was deleted, and the scam executor's address began dumping simultaneously. Within 30 seconds, GOLD's market cap plummeted from $55 million to $1 million, leaving all associated investors at a loss.The scam executor continued selling thereafter, disposing of the full 82.454% of tokens by 14:00 in exchange for 9,784.6 SOL, worth approximately $1.01 million. GOLD's market cap dropped to $700,000, a decline of 99%.
Odaily News, Avici announced that its card partner Rain discovered today a vulnerability in an old Solana card contract used by Avici and a few other projects. The relevant contract has now been upgraded across all projects, and no further unauthorized activity has been detected. This incident only affected the standalone Solana contract used to hold post-deposit card balances; users' Avici wallets and card balances are isolated from each other, and funds in Solana and EVM self-custody wallets are safe and unaffected. Upon review, a total of 1,685 users were affected, with combined card balances of approximately $500,900. Avici has committed to fully refunding card balances to all affected users and has filed a report with the FBI's Internet Crime Complaint Center (IC3). Previously reported, Avici, a crypto banking project, saw its native token AVICI allegedly suffer a hacker attack, with losses of approximately $1.02 million. The attacker transferred 10,000 SOL stolen from the project to another wallet, converted it into approximately $1.02 million USDC, and then swapped the funds into approximately 418 ETH via cross-chain operations.
Michael Truell, co-founder of Cursor, stated that OpenAI issued a notice saying it plans to block Cursor users from accessing OpenAI models in three months. Truell noted that OpenAI models account for approximately 5% of Cursor's user traffic, and Cursor is communicating with the OpenAI team to seek a solution. He also added that Cursor was one of OpenAI's earliest users, both parties have maintained close cooperation over the years, and they have consistently regarded the OpenAI platform as neutral infrastructure.
Ripple stated that it is developing a long-term upgrade plan for the XRP Ledger to address the threat of quantum computing, aiming to prevent future quantum computers from potentially breaking existing cryptographic mechanisms and exposing private keys. The plan consists of four phases, including assessing network risks, testing post-quantum cryptography solutions, running existing security mechanisms alongside post-quantum alternatives in parallel, and initiating a complete network migration when necessary.
OpenAI stated that it plans to end its partnership with Cursor following its acquisition by SpaceX. Under OpenAI's plan, Cursor's direct access to OpenAI models will be terminated on November 12. OpenAI noted that developers relying on OpenAI models within Cursor will be the most affected, and stated that it will provide support during the transition period.