News linked to both this project and an event.
Odaily Report: YouTuber and boxer Logan Paul, in a recent podcast, responded to longtime collaborator Mike Majlak's mention of cryptocurrency exchange Binance being hacked with approximately $6 billion in assets stolen, stating that he does not trust cryptocurrency and calling it a scam. Binance estimates the total impact of this incident at approximately $6.3 billion.Commenters subsequently brought up Cryptozoo, an NFT game promoted by Logan Paul, with buyers claiming the project was not launched as promised. In February 2026, he again filed a motion to dismiss a lawsuit in a Texas federal court accusing him of carrying out a rug pull through the project, stating that the latest complaint fails to establish that he should be held responsible for the project entity's actions.Binance stated it has frozen approximately $3 billion in stolen assets, and co-CEO Yi He said the exchange will bear all hacker losses. (Bitcoin.com News)
Odaily Report: The XRPL maintenance amendment fixCleanup3_4_0 restarted its activation clock after losing validator majority in the first countdown, regaining majority support on October 21. The earliest activation window has been moved to November 4, but support must be maintained. A snapshot at 07:09 UTC on October 24 shows that 32 of 35 trusted validators support the amendment, a support rate of 91.43%, with the new majority support timestamp at 14:46:22 UTC on October 21. The amendment was first initiated on October 9, lost majority on October 21, and the clock was reset because it failed to meet the requirement of two consecutive weeks of support. According to the rules, more than 80% of trusted validators must support it for two consecutive weeks before activation; if support falls below that threshold, the clock resets. November 4 is only a conditional earliest activation window. This technical fix package involves features including vaults, lending, AMM, permissioned trading, trust lines, and NFTs.
According to an announcement from Forma's official X account (@Formachain), the Forma mainnet will cease operations at block height 34,567,890, expected around November 5. Users will have approximately two weeks to withdraw on-chain funds. Following the shutdown, the team will take a snapshot of the on-chain state and migrate any remaining TIA to Eden. As both chains are EVM-compatible, users can use the same wallet address to withdraw funds from Eden once the migration is complete. Modularium will migrate to Ethereum, with related NFT assets transferred as well. Holders must claim them manually through the relaunched Modularium website; the NFTs will not be automatically airdropped. Officials noted that the migration may take several days after the shutdown. Further announcements will be issued upon completion of each migration phase, with additional details and instructions to be released in the coming weeks.
Odaily reports: Banking group HSBC has launched the stablecoin RedCoin, which will be available to over 3.3 million PayMe users for payments to 100,000 merchants before the weekend. Maggie Ng, CEO of HSBC Hong Kong and General Manager of Retail Banking and Wealth Management, stated that funds, assets, and information are shifting from traditional infrastructure to always-on, data-rich, and increasingly programmable digital networks.Li Guankang, Head of Retail Banking Products at HSBC and CEO of PayMe, stated that RedCoin will match the existing PayMe wallet in terms of transaction speed and other aspects, while offering additional benefits for merchant payments. To celebrate the launch of RedCoin, users can receive transaction coupons and "reward money" and other rewards.John O'Neill, Managing Director of Digital Assets and Currencies at HSBC, stated that within the year, a stablecoin wallet function will be added to the HSBC Hong Kong mobile banking app, and users will be able to subscribe to tokenized investment products using RedCoin, including the HSBC Hong Kong Dollar Money Market Fund, with a minimum subscription amount of HKD 100.Over the past months, HSBC has worked with regulators and potential users to advance the launch of RedCoin, with nearly 100 employees participating in the pilot, testing the complete process from minting to wallet activation to actual transfers. HSBC will subsequently expand use cases for corporate and institutional clients and launch more products. (HK01 NFT)
Yuga Labs has announced the launch of Mudwater trading card NFTs on the Solana network. According to the official rules, each Bored Ape holder is eligible to receive 10 card packs, and each Mutant Ape holder is eligible to receive 2 card packs. Mudwater card pack trading volume has reached 78.3 ETH.
Odaily reports: OpenSea has announced that its mobile app is now open to all users, supporting trading of meme coins, artwork, trading cards, and perpetual contracts across more than 25 chains. OpenSea co-founder and CEO Devin Finzer stated that the app simultaneously launches social trading features, aggregating profiles and trading records of traders on fomo, pump, and Farcaster. Users can follow traders, view their wallet activity, import wallets to claim profiles, and filter by trading platform. Additionally, users can top up via Apple Pay, link or import existing wallets, view and trade all assets in one place, and set NFTs as onchain avatars.
OpenSea Co-Founder and CEO Devin Finzer posted that the OpenSea mobile app is now open to all users, supporting over 25 blockchains and covering asset trading for meme coins, art, trading cards, and perpetual contracts. The core features of this release include: • Social Trading Aggregation: Trader profiles and transaction histories from FOMO, Pump, and Farcaster will sync directly to the OpenSea feed, enabling users to follow and monitor their wallet activity. Users can claim their profiles after importing the associated wallets. • Wallet Management: Users can quickly create and fund new wallets using Apple Pay, or import and link existing wallets to track all assets in a single view. • Profile Customization: Users can select which wallets to showcase on their profile, set an NFT as their on-chain avatar, and generate native trading signals. Finzer noted that the app is built on cross-chain liquidity, real-time pricing, and reliable order execution. Future updates will focus on optimizing content recommendations within the feed, offering more customization options, and making collaborative trading easier for users. In response to user requests to block traders from specific platforms, Finzer confirmed that filtering by trading platform is currently available, with additional filtering capabilities rolling out soon.
According to data from Surf, following the October 15 launch of its SurfBoard NFT series on Robinhood Chain, the project recorded a 24-hour trading volume of approximately 256 ETH (~$620,000) on its first day. This places it fourth among Robinhood Chain's major NFT projects, surpassing the first-day trading volume of QUOTRONS, which operates on the same ERC-404 architecture (~246 ETH). On day one, 837 wallets participated in the official pool, executing 1,522 trades.
Odaily News: Quit, Yuga Labs' Vice President of Blockchain, posted on X platform that as Blur announces it will discontinue its frontend on November 12, users are advised to immediately revoke NFT approvals to Blur smart contracts.Quit stated that their investigation has not yet found any exploitable vulnerabilities in Blur's existing contracts, but the contracts are upgradeable and carry the risk of malicious modification in the future. Currently, NFTs worth at least $10 million remain approved to Blur contracts, and their security depends on the Blur team's operational security capabilities. Quit recommends users revoke relevant approvals through tools such as revoke.cash to guard against potential contract attacks or malicious upgrade risks.
According to Odaily, billionaire Adam Weitsman posted on X platform that he purchased 117 Pudgy Penguins NFTs on-chain this weekend. Adam Weitsman stated that Pudgy Penguins is one of his favorite NFT collections, and he hopes this purchase will support the project, adding that "the penguin community will continue to stay strong."
Odaily reports: Porsche announced on October 1 that it is ending its Web3 project and PIONEERS CIRCLE. The PORSCHE 911 NFT will remain in holders' wallets and on-chain, the PIONEERS Discord server will be converted to a read-only archive, and the @eth_porsche account will stop posting updates.The collection was originally planned to issue 7,500 pieces, with minting opening in January 2023 at 0.911 ETH each, and ultimately 2,363 pieces were minted. Porsche has not announced any token burn, buyback, migration, or redemption plans, and holders can still hold, transfer, or list their NFTs for sale.The PORSCHE 911 NFT has accumulated nearly $20 million in total trading volume, with approximately $38,000 in trading volume over the past year and about $2,900 over the past month. (Bitcoin.com News)
NEAR co-founder Illia Polosukhin posted that the recent increase in developer activity and further reduction in development barriers within the ecosystem center on what applications to build and how to establish distribution channels. In response, he proposed a series of potential building directions, including AI virtual pets combining NEAR AI’s on-chain verifiable inference with non-fungible tokens (NFTs); a universal checkout component supporting cross-chain intent payments; a decentralized encyclopedia integrating prediction markets with AI-generated content; a privacy-oriented OTC market based on NEAR Intents, alongside liquidation-resistant lending and perpetual contract management; a cross-chain event registration escrow tool backed by staking deposits; a privacy-preserving code review agent; a corporate cap table management tool; Delta-neutral strategy management; private copy trading utilizing view keys; an end-to-end encrypted medical auxiliary diagnostic system; a privacy-focused voice transcription desktop application; and AI benchmarking based on private test sets, among others.
HSBC has named its Hong Kong stablecoin HSBC RedCoin. In the first phase, it will focus on person-to-person (P2P) and person-to-merchant (P2M) payments, with plans to later expand to commercial banking and corporate levels. Maggie Ng, Chief Executive Officer of HSBC Hong Kong and General Manager of Retail Banking and Wealth Management, stated that launching a stablecoin is a starting point for supporting Hong Kong's financial innovation. (HK01 NFT)
Odaily News: Porsche's Web3 project PORSCHΞ announced on X that the project and the PIONΞERS CIRCLE community have ceased operations. Follow-up arrangements include: the previously issued PORSCHΞ 911 NFT will continue to be held by holders and remain on the blockchain, the PIONΞERS Discord server will be converted to a read-only archive state, and the official PORSCHΞ project X account will no longer be actively updated.Additionally, according to NFTScan data, the current floor price of PORSCHΞ 911 NFT is 0.0794 ETH, with only sporadic transactions recently.
Yuga Labs blockchain vice president Quit posted on X that the asset claim website for NFTs stolen in the previous Payment Processor vulnerability incident has gone live. However, if an NFT collection uses the ERC721C or ERC1155C standard, its holders may temporarily be unable to claim assets through the NFT claim website. A number of NFT collections are currently affected by this issue. The relevant collections controlled by Yuga Labs are expected to be fixed by tomorrow. In the meantime, users can enable "7702 delegate OTC" in the transfer verifier settings, or add the specified Ethereum address and ApeChain address to the 7702 delegated address whitelist to remove the relevant restrictions.
Odaily report: According to RevokeCash monitoring, if users have previously traded NFTs on the Magic Eden Ethereum marketplace, their wallets may have granted approval to Limit Break's Payment Processor contract; this contract currently has a known vulnerability, and it is recommended to revoke the approval. Magic Eden previously stated that NFTs currently still listed on its platform are not affected by this vulnerability; NFTs listed through its EVM marketplace between approximately February 2024 and October 2024 may be affected, while listings after October 2024 are in principle not affected. Magic Eden is contacting protocol owner and maintainer Limit Break to study other risk mitigation measures, including pausing protocol transfers, and continues to investigate the actual scope of impact.Users who have previously listed or traded NFTs on the Magic Eden EVM marketplace should revoke the relevant contract approvals on Ethereum, Polygon, and Base networks, and revoke all NFT approvals marked as "approved for all." Yuga Labs Blockchain Vice President Quit stated that the asset claim website for the Payment Processor vulnerability NFT theft incident has officially launched; affected users whose NFTs were successfully safeguarded can now claim, but must first revoke their approval to the Payment Processor.
Yuga Labs blockchain vice president Quit posted on X that the NFT theft incident asset claim website nftsaresafu.xyz has officially launched. Affected users whose NFTs were successfully preserved can now proceed with claims, but must first revoke authorization to PaymentProcessor.Quit stated that approximately $6 million worth of NFTs were successfully rescued this time, but some assets could not be preserved. Additionally, some NFT collections cannot be claimed at present due to Transfer Validator restrictions, and coordination with the relevant project teams will be handled in the coming days. The claim process involves EIP-7702 delegated wallets, which may cause transaction simulation anomalies or risk warnings on wallets such as Rabby.
Yuga Labs Blockchain VP Quit posted on X that the NFT theft claims portal currently being built is expected to go live within the next few hours, and a dedicated address nftsaresafu.eth has been created to accept donations in ETH and other tokens.Quit stated that in addition to investing significant time, they paid approximately $7,500 in gas fees last night to handle related matters, and thanked the community for its support through channels such as X Money.Earlier reports indicated that NFT marketplace Magic Eden appears to have suffered an NFT security vulnerability, with white-hat hackers moving 3,832 NFTs from hundreds of wallets, worth approximately $1.5 million.
Odaily reports: The Hong Kong Securities and Futures Commission has published a strategic action agenda for implementing its first five-year plan. In the short term, it will introduce a new digital asset licensing regime and implement digital asset custody supervision, CrypTech market surveillance, and anti-money laundering capacity building.In the medium to long term, it will develop a regulatory framework for tokenized investment products as appropriate, covering tokenized gold and other real-world assets. The institution will also support the Hong Kong SAR government in establishing a central gold clearing and settlement system and developing RMB-denominated gold and commodity products. (HK01 NFT)
Hey Wallet, a Solana-based social wallet, has announced the cessation of its product operations and reminded users to back up their wallets on the official website. Operating since 2021, the project previously supported users in making SOL transfers, tipping creators, minting NFTs, and trading tokens via social platforms such as X, Telegram, and Discord.