News linked to both this project and an event.
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)
According to the “2026 Anti-Fraud Report” jointly released by Bitget and SlowMist, as digital finance continues expanding into equities, tokenized assets, and AI tools, cross-asset trading is gradually emerging as a key trend for user participation in markets. The proportion of users engaging in cross-asset portfolio allocation has risen from less than 1% in mid-2025 to over 10% by May 2026. The report notes that fraud techniques are evolving from single-point attacks toward sophisticated attack chains—integrating AI-generated content, deepfakes, voice cloning, and multi-channel social engineering. Between July 2025 and June 2026, Bitget’s security system intercepted over 150 million malicious requests, identified more than 13,000 high-risk malicious IPs, and assisted users in recovering approximately $32.3 million in funds linked to security incidents and fraudulent activities. Gracy Chen, CEO of Bitget, stated: “This year marks the third annual Anti-Fraud Month initiative. Bitget will continue rolling out security education content, risk identification guides, and industry collaboration programs to help users enhance their ability to detect and defend against AI-powered fraud, phishing attacks, and scams occurring across multi-asset scenarios.”
Bitget Chief Legal Officer Hon Ng issued an open letter today, announcing the official launch of Bitget’s 2026 Global Anti-Fraud Month campaign under the theme “More Assets, Stronger Protection.” In the letter, Hon Ng noted that as the platform expands from crypto assets to a multi-asset ecosystem, users are facing increasingly complex cybersecurity threats while enjoying broader market access. He emphasized: The multi-asset era means greater responsibility. User protection is not a one-time project but the collective result of continuous risk monitoring, rapid response, security education, and industry collaboration.The open letter also disclosed Bitget’s security and anti-fraud achievements for 2025. Data shows that Bitget intercepted over 150 million malicious attack requests throughout the year, identified more than 13,000 high-risk malicious IP addresses, handled 18,135 user protection cases, and assisted users in recovering approximately $32.3 million in funds related to security incidents and fraudulent activities. Additionally, Bitget’s security system achieved over 2.8 billion risk interceptions through custom protection rules, repelled more than 1.5 billion DDoS attack attempts, and introduced machine learning-based behavioral analysis capabilities to further identify suspicious activities and potential risks.