Bifrost is a staking yield layer that establishes a standardized multi-chain liquid staking rewards infrastructure, delivering composable crypto-native yields for stablecoins, RWAs, and DeFi across various blockchains. Its modular design allows developers to tap into multi-chain staking rewards with one integration, greatly lowering development costs and enhancing user simplicity.
According to on-chain analyst Ai Yi (@ai_9684xtpa), Four Meme has launched 4Stock, a new platform introducing the "crypto-equity + launchpad" concept. Its corresponding BSC meme token, $4Stock, has swiftly breached a $50M market cap. Of these, $BNC4 serves as the first stock brought on-chain via 4Stock, pegged to the US equity BNC (the BNB-version equivalent of MicroStrategy, tracking the ticker for publicly traded US firm CEA Industries supported by YZi Labs). In theory, it maintains a 1:1 peg with the underlying stock. However, driven by market speculation, BNC4's price briefly surged to $35, nearly eight times the after-hours price of the underlying equity. Arbitrageurs subsequently exploited the platform's Mint mechanism to redeem BNC4 for USDT, triggering massive profit-taking sales and causing the BNC4 price to immediately crash. User @ShawnThread redeemed 6,666 BNC4 for 231,000 USDT, becoming the first successful arbitrageur.
Odaily News According to GMGN data, the BSC meme token BNC4's market cap surged and then pulled back, briefly exceeding $20 million and currently standing at $2.8 million. Meanwhile, multiple users involved in arbitrage trading of the on-chain stock token BNC4 have disclosed profits ranging from tens of thousands to hundreds of thousands of dollars.Among them, trader 0xShawn stated that he completed arbitrage through Four.meme's BNC4 Mint mechanism, sharing a transaction record showing the exchange of 6,666 BNC4 for approximately 231,300 USDT. He noted that the related Mint request was processed normally and claimed to be among the first users to complete transfer invoicing.
According to Bifrost's monitoring, at 19:47 Beijing time on August 8, hackers exploited a vulnerability in the liquidity pool, stealing approximately $720,000 worth of assets from the vDOT single-asset pool and the vASTR/ASTR and vMANTA/MANTA pools. The stolen assets were subsequently deposited into HitBTC and eventually flowed into Binance. Bifrost has contacted Binance's security department to submit a fund freeze request and has filed a report along with a chain of custody evidence package, including transaction tracking, wallet addresses, and timestamps, with law enforcement authorities. Currently, Bifrost has halted all liquidity mining rewards and is conducting a comprehensive security review.
According to Bifrost's monitoring, at 19:47 Beijing time on August 8, hackers exploited a vulnerability in the liquidity pool, stealing approximately $720,000 worth of assets from the vDOT single-asset pool and the vASTR/ASTR and vMANTA/MANTA pools. The stolen assets were subsequently deposited into HitBTC and eventually flowed into Binance. Bifrost has contacted Binance's security department to submit a fund freeze request and has filed a report along with a chain of custody evidence package, including transaction tracking, wallet addresses, and timestamps, with law enforcement authorities. Currently, Bifrost has halted all liquidity mining rewards and is conducting a comprehensive security review.
According to the THORChain blog, ZEC is in the queue for launch on THORChain. However, due to a recent vulnerability disclosed in Zcash—whose existing patch impacts integrators’ normal operations—THORChain must first complete a minor code modification to its Bifrost module before proceeding. The development team stated that the change is minimal but must be completed prior to ZEC’s launch. Monero (XMR) is currently expected to launch by the end of this month, with ZEC scheduled to follow.
According to on-chain analyst Ai Yi (@ai_9684xtpa), Four Meme has launched 4Stock, a new platform introducing the "crypto-equity + launchpad" concept. Its corresponding BSC meme token, $4Stock, has swiftly breached a $50M market cap. Of these, $BNC4 serves as the first stock brought on-chain via 4Stock, pegged to the US equity BNC (the BNB-version equivalent of MicroStrategy, tracking the ticker for publicly traded US firm CEA Industries supported by YZi Labs). In theory, it maintains a 1:1 peg with the underlying stock. However, driven by market speculation, BNC4's price briefly surged to $35, nearly eight times the after-hours price of the underlying equity. Arbitrageurs subsequently exploited the platform's Mint mechanism to redeem BNC4 for USDT, triggering massive profit-taking sales and causing the BNC4 price to immediately crash. User @ShawnThread redeemed 6,666 BNC4 for 231,000 USDT, becoming the first successful arbitrageur.
according to official sources, MGBX will list FWDIUSDT, BNCUSDT, and INTWUSDT perpetual contract trading pairs at 18:00 (SGT) on July 21, 2026. The trading will open at 18:00 (SGT) on July 21, 2026. FWDI and BNC support up to 20x leverage, while INTW supports up to 25x leverage.
: According to official announcements, Bitget has listed perpetual contracts for 13 stocks and ETFs, including TTWO (Take-Two Interactive Software), BSP (Bending Spoons), SUMIELEC (Sumitomo Electric Industries), DISK (Tema Storage ETF), and BNC (CEA Industries). These contracts are settled in USDT, support up to 20x leverage, and are available for 7×24 trading.
According to the THORChain blog, ZEC is in the queue for launch on THORChain. However, due to a recent vulnerability disclosed in Zcash—whose existing patch impacts integrators’ normal operations—THORChain must first complete a minor code modification to its Bifrost module before proceeding. The development team stated that the change is minimal but must be completed prior to ZEC’s launch. Monero (XMR) is currently expected to launch by the end of this month, with ZEC scheduled to follow.
Odaily reports: Lai Bit Mining Pool founder Jiang Zhuoer posted on X platform, stating that his trading is better suited for "catching tops and bottom-fishing." Previously, his short positions near ETH $2,525 and BTC $82,050 were relatively accurate, but since his base position is fully allocated in ETH spot, he could not continue to add leverage for long positions when the market dropped to lows.Jiang Zhuoer stated that in future bottom-fishing trades, he will consider choosing small-cap coins and participating with small positions of 5%-10% each time. Taking BNC as an example, he said he bought the dip near $4.5 on September 10, with the entry point close to the low of that downward cycle, and the price subsequently continued to rise.
Jiang Zhuoer, founder of Luxhash Pool, showcased his position portfolio that "makes money despite being on the wrong side of the trade." He previously stated he had sold his entire BTC position at $77,226. Using the price at 8:29:47 as a reference, his Cross BTC short position lost 1.95%, moving from $77,226 to $78,730.74; his Cross ETH spot position gained 5.74%, rising from $2,467.61 to $2,609.31; and his 5%-weighted BNC spot position gained 0.51%, increasing from $4.81 to $5.305. The combined performance resulted in an approximate profit of 4.3%.
Odaily News: According to Coinglass data, BNC experienced $4.06 million in liquidations over the past 12 hours, with $3.49 million in short position liquidations and $570,000 in long position liquidations. The largest single liquidation amounted to $623,440.
According to GMGN data, the market cap of the BSC meme coin BNC4 has fallen below $5 million, currently reporting at $4.72 million, down over 30% in 5 minutes. Meanwhile, according to Bitget market data, the underlying stock BNC briefly surged more than 80% before pulling back, with its pre-market price now at $5.69, narrowing gains to 61.89%. Today, CZ posted on X stating, "IPOs will move on chain," after which Four.meme launched its first stock token, BNC4, pegged 1:1 to the U.S.-listed CEA Industries (BNC).
Odaily News: Crypto KOL 0xShawn stated on the X platform that fami on the Robinhood chain previously attempted to drive stock trading through cryptographic methods, but failed to gain market recognition due to a lack of equity audits and efficient, rapid minting and redemption channels. Four.meme's current attempt with BNC includes endorsement from the issuer, as well as the provision of liquidity and minting/redemption channels. 0xShawn previously profited $200,000 by minting BNC4, which has a market cap of $140 million. He has invested 400,000 yuan in contract long positions and on-chain spot positions, and also purchased 50,000 yuan worth of 4Stock.
According to on-chain analyst Ai Yi (@ai_9684xtpa), Four Meme has launched 4Stock, a new platform introducing the "crypto-equity + launchpad" concept. Its corresponding BSC meme token, $4Stock, has swiftly breached a $50M market cap. Of these, $BNC4 serves as the first stock brought on-chain via 4Stock, pegged to the US equity BNC (the BNB-version equivalent of MicroStrategy, tracking the ticker for publicly traded US firm CEA Industries supported by YZi Labs). In theory, it maintains a 1:1 peg with the underlying stock. However, driven by market speculation, BNC4's price briefly surged to $35, nearly eight times the after-hours price of the underlying equity. Arbitrageurs subsequently exploited the platform's Mint mechanism to redeem BNC4 for USDT, triggering massive profit-taking sales and causing the BNC4 price to immediately crash. User @ShawnThread redeemed 6,666 BNC4 for 231,000 USDT, becoming the first successful arbitrageur.