News Heat Trend
Project Overview
Chain is a blockchain-based technology company on a mission to enable a smarter and more connected economy. Chain builds cryptographic ledgers that underpin breakthrough financial products and services, powered by Sequence—a ledger-as-a-service for managing balances. Sequence combines the power of a token-based data model with the convenience of the cloud, making it easy to build, operate, and scale forward-thinking products. It is used by a diverse set of companies, including mobile wallets, crypto asset exchanges, lending platforms, asset managers, and many more. Any application that needs to record transactions and calculate balances can benefit from using Sequence. Founded in 2014, Chain has raised over $40 million in funding from Kholsa Ventures, Pantera Capital, Capital One, and Visa. In 2018, Chain was acquired by Stellar to form Interstellar, a commercial arm to the Stellar Foundation. In 2020, Chain was re-acquired to continue its mission.
Bonk Guy: Onchain Meme Market Is Far From Bottoming Out, Historic Opportunities May Reappear
Odaily reports: Bonk Guy posted stating that the view that onchain trading and the Meme coin market have fallen into the worst period in history reflects a misperception within the crypto community (CT) regarding the current state of the market. Over the past 4 months, about 6 new tokens reached market caps of $100 million to $300 million or more, among which PONS started from zero and its fully diluted valuation (FDV) once reached $960 million, while the FDVs of tokens such as ANSEM, CASHCAT, AI, and STONK also all broke through $300 million at one point. In addition, dozens of new tokens surpassed $10 million in market cap, and despite the deterioration in market structure, tokens with sharp gains still occasionally emerge onchain.Bonk Guy compared the current market with previous downturn periods, noting that before the emergence of Robinhood Chain, the market went through a long stretch with almost no notable rallies; and after the launch of the TRUMP token last year and before the initial rise of BonkFun, there was also a period of about half a year during which almost no token could break through a market cap of $2 million to $5 million.He believes that although the current market is no longer in the broad rally phase seen a few months ago, this does not mean trading opportunities have disappeared. He expects the market may recover soon, even faster than most people anticipate, and suggests paying attention to tokens that have already demonstrated the ability to deliver outsized performance in the previous cycle, seeking opportunities during market pullbacks. The market is currently filled with pessimism and negative narratives, and investors should not be swayed by the noise. Historical experience shows that some previously strong tokens may not only return to their prior highs but even break through further once the next market cycle begins. The biggest opportunities often appear before market sentiment reverses and while mainstream investors have yet to change their views.
Four.Meme Launches Binance Agent ID Exclusive AI Agent Launch Mode, Supporting BNB Fundraising
Odaily reports: Four.Meme's OpenFour has officially launched a new token launch mode called Binance Agent ID Exclusive, designed specifically for AI Agents in the BNB Chain ecosystem, with support from Binance Wallet.During the Bonding Curve trading phase, this mode only allows Binance Agentic Wallets holding an Agent ID to participate in trading. Each wallet may hold a maximum of 1% of the total token supply, and tokens are non-transferable. After the token completes Graduation, trading will be opened to all users.With the support of Binance Wallet, users can participate in trading without enabling Developer Mode.Any wallet can create tokens through this mode, using BNB as the fundraising currency, and supports setting an optional trading tax. Developers can pre-purchase up to 1.5% of the fundraising amount in tokens before launch and may sell during the Bonding Curve phase, but cannot continue buying after launch.All tokens issued through the Binance Agent ID Exclusive mode will display an exclusive ".ai" label on the Four.Meme platform, allowing users to identify tokens issued under this mode.
Scimplify Raises $25 Million to Challenge China's Critical Materials Supply Chain with AI Technology
According to TechCrunch, Indian startup Scimplify has announced the completion of a $25 million strategic financing round led by Hitachi Ventures, with new investors Henkel and Teknor Apex, and follow-on participation from existing shareholders including Accel India and Bertelsmann India Investments. Following this round, the company's valuation stands at $250 million, raising its cumulative equity financing to $80 million. Founded in 2023 and headquartered in Bangalore, Scimplify leverages its proprietary AI platform, Scinode, to coordinate chemical R&D and manufacturing processes, reducing material delivery cycles from the traditional 12 to 18 months to as little as two months. The company currently serves over 1,000 clients across more than 40 countries, generating approximately $200 million in annualized revenue—a roughly threefold year-over-year increase—and has achieved positive EBITDA for two consecutive months. Revenue from the energy, electronics, and defense sectors now accounts for 45% to 50%.
Ondo Private Markets Lists OpenAI Private Markets Note, Enabling 24/7 On-Chain Trading Without Waiting for an IPO
Odaily — RWA platform Ondo's Ondo Private Markets has announced that the OpenAI Private Markets Note is now listed on the Ondo Perps spot order book, allowing users to trade on-chain 24/7.The product is designed to provide accredited investors with economic exposure tied to OpenAI's private market valuation performance, tracking the per-share realized value of the reference company's common stock through a tokenized note. Users can gain exposure to the relevant market without waiting for OpenAI to go public.Ondo stated that the note offers three key features: first, it supports round-the-clock trading, allowing users to buy and sell on the Ondo Perps spot order book; second, it supports self-custody, enabling users to store tokens in personal wallets and transfer them among accredited investors; third, it is built on Ondo's existing tokenized asset infrastructure, with the platform currently holding approximately $3.9 billion in TVL and more than 1 million holders.Ondo emphasized that the note does not represent OpenAI shares or equity, and holders do not enjoy OpenAI shareholder rights. Ondo has no affiliation, partnership, or endorsement relationship with OpenAI.
Four.Meme Upgrades Stock Meme Feature: Adds 76 New bStock Assets and Unifies Fundraising Target
Four.Meme, a Meme issuance platform in the BNB Chain ecosystem, has announced an upgrade to its Stock Meme feature, adding 76 new bStock assets that can be used as pool assets and optimizing its token issuance mechanism.It is reported that Four.Meme will abolish the previous model of setting fixed amounts for different bStocks. All bStock pools will now adopt a unified fundraising target of $10,000 equivalent, regardless of the underlying stock asset. Meanwhile, the platform will support more stock-type assets as the basis for creating Stock Memes. Popular stocks will be displayed by default, and users can also view all supported bStocks through the search function.In addition, Four.Meme has lowered the fundraising threshold for BNB, USDT, USD1, and UUSD to $10,000, aiming to provide Stock Meme creators with more asset options and a more flexible issuance method.
Bonk Guy: PONS's annualized revenue valuation is only 40% of PUMP's; Robinhood Chain is worth watching if it continues to grow
Bonk Guy stated on the X platform that PONS's current market sentiment may be at a long-term low, and compared it with PUMP: PONS's annualized revenue is approximately $156.8 million, with a market cap of about $375 million, corresponding to an annualized revenue multiple of approximately 2.39x; PUMP's annualized revenue is approximately $463.6 million, with a market cap of about $2.7 billion, corresponding to a multiple of approximately 5.82x.Bonk Guy said that PUMP is the leading Launchpad on Solana, while PONS is the leading Launchpad on Robinhood Chain; if Robinhood Chain continues to maintain market influence in the future, he believes PONS's current valuation is worth watching.
Crypto Industry Organization Committee for Crypto Innovation Leads Submission of 238-Page Report, Calls on U.S. SEC to Clarify Regulatory Boundaries for On-Chain Treasuries
According to Crypto in America, the crypto industry organization Crypto Council for Innovation (CCI) and members such as Bitwise, Galaxy Digital, and Morpho submitted a 238-page report to the Securities and Exchange Commission (SEC), calling on regulators to clarify how existing securities laws apply to on-chain vaults (Vaults) and to establish a differentiated regulatory framework based on the degree of control human operators exert over user assets and investment decisions.
Jenner hard fork upgrade has launched on the BSC testnet
BNB Chain announced on X platform that the Jenner hard fork upgrade has launched on the BSC testnet. The upgrade includes Payment Lane, which reserves 5% of block Gas by default for eligible payments; millisecond-level block timestamps for smart contracts; and a new compliant asset standard, CAS20. Payment Lane and CAS20 will only be fully enabled after governance approval, with more details to be announced later.
Iron Fish Warns of wIRON Minting Anomalies on Base, Suspends Purchasing and Cross-Chain Operations
Iron Fish stated that the team is investigating the anomalous issuance of wIRON on the Base network and has requested cross-chain bridge provider ChainPort to conduct an emergency review. Until further notice, users should avoid purchasing wIRON on Base or using related cross-chain bridges. Iron Fish warned that wIRON currently cannot be guaranteed to be 1:1 fully backed by assets, and stated that further updates will be released after verifying additional details.
CF Benchmarks Launches On-Chain Pricing Service, Bringing BlackRock Bitcoin ETF Index Data On-Chain
Odaily reports: CF Benchmarks, the index provider under Kraken's parent company Payward, has launched CFB Oracle, bringing pricing benchmarks for BlackRock's Bitcoin ETF and CME Group cryptocurrency futures into blockchain applications. The service provides benchmark data across cryptocurrency, equities, bonds, commodities, and forex markets, enabling developers to build products such as on-chain index funds, tokenized portfolios, and derivatives.CF Benchmarks states that its indices currently serve products representing over $120 billion in assets. CFB Oracle now supports Ethereum, HyperEVM, and Robinhood Chain, with plans to expand to other compatible networks in the future. Payward also plans to use the service to provide pricing data for its upcoming U.S. perpetual contract product, which is still awaiting regulatory approval. The service will compete with oracle providers such as Chainlink and Pyth. (CoinDesk)
BNB Chain: Jenner hard fork to launch on testnet on October 28, introducing dedicated payment lane and other features
BNB Chain has announced that the Jenner hard fork upgrade will go live on the BNB Smart Chain testnet on October 28. This upgrade will introduce the Payment Lane feature, which reserves 5% of block Gas capacity by default for eligible payment transactions; support for millisecond-level block timestamps in smart contracts; and functional support for the new compliant asset standard CAS20, with specific arrangements for the rollout of related features to be announced separately.BNB Chain reminds validators, node operators, block builders, and application developers to prepare for the upgrade in advance. Testnet node operators must switch to a compatible client before the upgrade is activated, while developers should check the impact of these changes on applications and development tools.
CoinDCX Denies Connection to Recent On-Chain Transactions, ZachXBT Questions $15.8 Million in User Deposits
CoinDCX stated that recent claims on platform X regarding certain wallet addresses and transactions are misleading. The related transactions involve legacy wallet addresses created in January 2025 and compromised in July of the same year, which the platform ceased using thereafter. It asserted that recent on-chain activity is unrelated to its operations and that user funds remain secure. In response, on-chain investigator ZachXBT countered that CoinDCX's deposit address TQKJQ remained in use by liquidity providers for approximately 10 months following the July 2025 incident. These addresses continued to receive user deposits and gas fees in April and May 2026, subsequently transferring the funds to CoinDCX's currently disclosed hot wallet. He raised questions over how the CoinDCX team failed to account for the whereabouts of approximately $15.8 million in user deposits.
Bonk Guy: Robinhood Earnings Boost On-Chain Ecosystem, PONS Captures 88% Market Share on Robinhood Chain Launchpad
Odaily reports: Trader Bonk Guy (@theunipcs) posted that Robinhood's latest earnings results represent a major positive for the on-chain ecosystem, with Robinhood Chain playing a key role in the growth of its crypto business revenue. Robinhood CEO Vlad Tenev also explicitly expressed positive expectations for the future development of its on-chain business.Bonk Guy further noted that PONS currently holds approximately 88% market share of the Robinhood Chain token launchpad. If the Robinhood Chain ecosystem has already bottomed out, PONS is well-positioned to capture a significant share of future capital flowing into the ecosystem, and he expressed strong bullishness on PONS's subsequent performance.
Analyst: Over 230,000 BTC Moved On-Chain, Largest Scale Since 2026
Analyst Darkfost posted that the largest Bitcoin UTXO spending activity since 2026 has occurred on-chain, with cumulative spending of UTXOs each valued at over $1 million exceeding $21 billion, involving more than 230,000 BTC, and the related operations likely came from the same entity. Among them, most UTXOs had previously been dormant for 1 to 6 months, while another approximately $4.6 billion came from long-term holders (LTHs) who had held for 1 to 3 years.Darkfost noted that these bitcoins were likely mainly transferred between different addresses, and there are currently no obvious signs of flows to exchanges, so this cannot be used to judge large-scale selling. If the subsequent spending of the relevant UTXOs corresponds to realized profits or losses, on-chain realized profit and loss metrics may show significant changes.
Futu Hong Kong Opens BNB Deposit and Withdrawal Services to Qualified Professional Investors
According to an official announcement, Futu Securities International (Hong Kong) Limited has announced that it is officially opening BNB deposit and withdrawal services to qualified professional investors (PI) in Hong Kong. Users can deposit BNB from self-custody wallets to their Futu crypto accounts or withdraw to verified whitelisted addresses via the BNB Smart Chain (BEP20) network.
Futu Securities launches BNB deposit and withdrawal service for Hong Kong Qualifying Professional Investors
Futu Securities International (Hong Kong) Limited, a subsidiary of Futu Holdings, has announced the launch of BNB deposit and withdrawal services for eligible professional investors (PIs) in Hong Kong. Eligible professional investors can now deposit assets from self-custody wallets into their Futu Crypto accounts via the BNB Smart Chain (BEP20) network, or withdraw to verified whitelisted addresses.
PeckShield: Cysic attacker deposited 300 ETH and 30.4 BNB into Tornado Cash.
On-chain analyst PeckShield (@PeckShieldAlert) has tracked an address flagged as the Cysic attacker depositing 300 ETH (approximately $721,140) and 30.4 BNB (approximately $22,590) into Tornado Cash. According to the Cysic Foundation, a security incident involving the Cysic cross-chain bridge occurred on October 17, during which the attacker minted 10 million CYS tokens without authorization on the BNB Chain.
Analyst: Robinhood Chain Meme Coin Trading Heat Declines, On-Chain Funds Flow More Toward Stablecoin Lending
Odaily Report: Crypto analyst The Smart Ape posted on X platform that data shows Robinhood Chain's daily Gas fees dropped from $8.4 million on September 4 to $34,000 on October 18, a decline of 99.6%. Comparing the most active 14 consecutive days with the most recent 14 days, Pons V2 fee revenue fell from $87 million to $7 million (-92%), GMGN from $22 million to $900,000 (-96%), and Axiom from $4.6 million to $300,000 (-94%). Additionally, the median price decline of Meme coins on the chain from their all-time highs reached 97%, with 72% of Meme coins falling by 90% or more.However, Robinhood Chain still had 873,000 active wallets last week, Gas fee revenue of approximately $345,000, and TVL hit an all-time high of $1.05 billion, of which about $480 million is concentrated in two stablecoin lending markets on Morpho, primarily involving leveraged arbitrage trading. Therefore, it is judged that the high-risk speculative capital on Robinhood Chain has clearly receded, with retained funds more concentrated in scenarios such as stablecoin lending, and there is a clear divergence between on-chain capital activity and TVL growth.
PancakeSwap: Unaffected by the Binance security incident, contracts and services are operating normally.
According to an official post by PancakeSwap, the platform voiced support for the Binance team and all parties involved in addressing the security incident, emphasizing that it remains unaffected, its contracts and services are operating normally, and the team is closely monitoring the situation. As a major decentralized exchange in the BNB Chain ecosystem, PancakeSwap's statement aims to stabilize user expectations.
BNB Chain: Networks and cross-chain bridges unaffected by Binance security incident, on-chain funds safe
BNB Chain has issued a statement expressing support for Binance and the teams that have been handling the security incident since last night, and confirming that BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain cross-chain bridge were all unaffected by this incident. All networks are currently operating normally, and funds on BNB Chain are safe. BNB Chain also stated that it fully trusts the Binance team to handle this incident and will continue to collaborate with ecosystem partners to strengthen security protections and maintain industry trust.
Analysis: Arbitrage Window Emerges On-Chain During Binance Hack, Single Address Profits Approximately $3.47 Million in Two Hours
Odaily Report: During the Binance attack, an obvious arbitrage opportunity emerged on-chain. According to a community user's review, the attacker, in order to avoid Tether freezing, swapped a large amount of USDT for ETH through DEXs, causing the ETH price on Uniswap to briefly rise to $2,560–$2,750, with some individual trades exceeding $3,000, while Aave's ETH price obtained through the Chainlink oracle remained at $2,250–$2,290. A price gap of 15% to 30% appeared between on-chain and oracle prices, lasting nearly an hour.Arbitrageurs exploited this price gap by depositing USDC/USDT as collateral into Aave, borrowing ETH at the oracle price, then selling it at high prices on DEXs, and buying back ETH to repay the loans once the spread narrowed. According to the user's statistics, within 6 hours after the incident, a total of 61 addresses borrowed ETH on Aave mainnet (excluding the hacker's address). Among them, the most profitable address sold 12,289 ETH at an average price of approximately $2,580, then bought back 12,314 ETH at an average price of approximately $2,297, earning about $3.47 million. The top ten arbitrage addresses collectively profited approximately $6.36 million.The user stated that the arbitrageurs exploited the price disconnection between centralized exchanges and DEXs, and that the Aave contract itself had no vulnerability. As DEX prices fell back and Aave froze the mainnet V3 market, the arbitrage window gradually closed. The above profits are based on transaction-by-transaction on-chain statistics and have not yet deducted Gas fees.
Cysic Restores Cross-Chain Bridge Services and Burns Over 7.2 Million CYS
According to an official announcement from Cysic, following the cross-chain bridge security incident that occurred earlier, Cysic has fully resumed its cross-chain bridge services, and users can now once again transfer CYS across chains between the Cysic mainnet and other supported blockchains. Additionally, Cysic has permanently burned 7,200,002 CYS on the BNB Smart Chain and confirmed that this operation has been recorded on-chain.
BNB Chain Announces Tokenized Stocks Hackathon Winners List
According to an official announcement from BNB Chain, the winner list for the BNB Hack: Tokenized Edition hackathon has been announced. Co-hosted by BNB Chain and Binance Wallet, the event awarded five projects from a total prize pool of $20,000. Moi took first place, while 4lpha, Redeye, TARE, and Firstshare ranked second through fifth. Additionally, 4lpha won the Best Agentic Wallet / Wallet Skills Application award, and Firstshare won the Best BNB Agent Studio Application award.
Blockaid: zkLink Cross-Chain Bridge Attacked, Approximately $786,000 Stolen
Blockaid has published two attacker addresses, example attack transactions, victim contracts, and cross-chain bridge addresses. One of the attacker addresses (0xaCA0...5718) currently holds a balance of approximately $11,000 USD.
BNB Chain: Networks and cross-chain bridges unaffected by Binance security incident, on-chain funds safe
BNB Chain has issued a statement expressing support for Binance and the teams that have been handling the security incident since last night, and confirming that BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain cross-chain bridge were all unaffected by this incident. All networks are currently operating normally, and funds on BNB Chain are safe. BNB Chain also stated that it fully trusts the Binance team to handle this incident and will continue to collaborate with ecosystem partners to strengthen security protections and maintain industry trust.
Analysis: Arbitrage Window Emerges On-Chain During Binance Hack, Single Address Profits Approximately $3.47 Million in Two Hours
Odaily Report: During the Binance attack, an obvious arbitrage opportunity emerged on-chain. According to a community user's review, the attacker, in order to avoid Tether freezing, swapped a large amount of USDT for ETH through DEXs, causing the ETH price on Uniswap to briefly rise to $2,560–$2,750, with some individual trades exceeding $3,000, while Aave's ETH price obtained through the Chainlink oracle remained at $2,250–$2,290. A price gap of 15% to 30% appeared between on-chain and oracle prices, lasting nearly an hour.Arbitrageurs exploited this price gap by depositing USDC/USDT as collateral into Aave, borrowing ETH at the oracle price, then selling it at high prices on DEXs, and buying back ETH to repay the loans once the spread narrowed. According to the user's statistics, within 6 hours after the incident, a total of 61 addresses borrowed ETH on Aave mainnet (excluding the hacker's address). Among them, the most profitable address sold 12,289 ETH at an average price of approximately $2,580, then bought back 12,314 ETH at an average price of approximately $2,297, earning about $3.47 million. The top ten arbitrage addresses collectively profited approximately $6.36 million.The user stated that the arbitrageurs exploited the price disconnection between centralized exchanges and DEXs, and that the Aave contract itself had no vulnerability. As DEX prices fell back and Aave froze the mainnet V3 market, the arbitrage window gradually closed. The above profits are based on transaction-by-transaction on-chain statistics and have not yet deducted Gas fees.
Cysic Restores Cross-Chain Bridge Services and Burns Over 7.2 Million CYS
According to an official announcement from Cysic, following the cross-chain bridge security incident that occurred earlier, Cysic has fully resumed its cross-chain bridge services, and users can now once again transfer CYS across chains between the Cysic mainnet and other supported blockchains. Additionally, Cysic has permanently burned 7,200,002 CYS on the BNB Smart Chain and confirmed that this operation has been recorded on-chain.
Kraken Launches Kraken Wallet Browser Extension, Supporting Multi-Chain Wallets, Cross-Chain Swaps, and Bridging
Washington Sanchez, Head of Product at Kraken Wallet, stated that the self-custodial Kraken Wallet browser extension is now live, supporting multiple networks including Bitcoin, Ethereum, Solana, Ink, Base, and Robinhood Chain. Users can create or import wallets using a mnemonic phrase or private key, use view-only wallets, or log in via email, Google, Apple, or passkeys. The extension also supports single-chain and cross-chain swaps, as well as cross-chain bridging, with related fees set at 10 basis points.
Japanese Duty-Free Partners with UPBOND to Support JPYC Tax Refunds for Visiting Tourists Starting November 1
According to CoinPost, Japan Tax-free announced on October 29 that its refund service “JapanRefund” will begin supporting foreign visitors to receive tax refunds in the Japanese yen stablecoin JPYC starting November 1. Wallet infrastructure is provided by UPBOND, with funds dispatched via Avalanche C-Chain. November 1 also marks the transition to Japan Tax-free’s “refund method” system. Tourists must first purchase goods at tax-inclusive prices. Upon departure, customs verifies that the items are being taken out of the country, after which Japan Tax-free completes the reconciliation process before disbursing funds to the tourists’ wallets. JPYC maintains a 1:1 peg to the Japanese yen and is categorized as an electronic payment instrument under Japan’s Funds Settlement Act, rather than a crypto asset. According to the company, direct deposit to wallets reduces intermediary fees compared to credit card payments or international remittances. All disbursement records are stored on-chain, aiding in the prevention of money laundering and unauthorized claims. Merchants are also relieved of handling tourists’ card numbers or account details. Tourists may retain the received JPYC for expenses on their next trip to Japan, or swap it on-chain for other fiat-pegged stablecoins such as USDC. Delivery times, processing fees, and net credited amounts are subject to the terms of service.
Jenner hard fork upgrade has launched on the BSC testnet
BNB Chain announced on X platform that the Jenner hard fork upgrade has launched on the BSC testnet. The upgrade includes Payment Lane, which reserves 5% of block Gas by default for eligible payments; millisecond-level block timestamps for smart contracts; and a new compliant asset standard, CAS20. Payment Lane and CAS20 will only be fully enabled after governance approval, with more details to be announced later.
Related news
BNB Chain: BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain cross-chain bridge remain unaffected.
BNB Chain stated that BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain cross-chain bridge were unaffected, all systems are operating normally, and all on-chain assets remain secure.
PancakeSwap: Unaffected by the Binance security incident, contracts and services are operating normally.
According to an official post by PancakeSwap, the platform voiced support for the Binance team and all parties involved in addressing the security incident, emphasizing that it remains unaffected, its contracts and services are operating normally, and the team is closely monitoring the situation. As a major decentralized exchange in the BNB Chain ecosystem, PancakeSwap's statement aims to stabilize user expectations.
BNB Chain: Networks and cross-chain bridges unaffected by Binance security incident, on-chain funds safe
BNB Chain has issued a statement expressing support for Binance and the teams that have been handling the security incident since last night, and confirming that BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain cross-chain bridge were all unaffected by this incident. All networks are currently operating normally, and funds on BNB Chain are safe. BNB Chain also stated that it fully trusts the Binance team to handle this incident and will continue to collaborate with ecosystem partners to strengthen security protections and maintain industry trust.
Analysis: Arbitrage Window Emerges On-Chain During Binance Hack, Single Address Profits Approximately $3.47 Million in Two Hours
Odaily Report: During the Binance attack, an obvious arbitrage opportunity emerged on-chain. According to a community user's review, the attacker, in order to avoid Tether freezing, swapped a large amount of USDT for ETH through DEXs, causing the ETH price on Uniswap to briefly rise to $2,560–$2,750, with some individual trades exceeding $3,000, while Aave's ETH price obtained through the Chainlink oracle remained at $2,250–$2,290. A price gap of 15% to 30% appeared between on-chain and oracle prices, lasting nearly an hour.Arbitrageurs exploited this price gap by depositing USDC/USDT as collateral into Aave, borrowing ETH at the oracle price, then selling it at high prices on DEXs, and buying back ETH to repay the loans once the spread narrowed. According to the user's statistics, within 6 hours after the incident, a total of 61 addresses borrowed ETH on Aave mainnet (excluding the hacker's address). Among them, the most profitable address sold 12,289 ETH at an average price of approximately $2,580, then bought back 12,314 ETH at an average price of approximately $2,297, earning about $3.47 million. The top ten arbitrage addresses collectively profited approximately $6.36 million.The user stated that the arbitrageurs exploited the price disconnection between centralized exchanges and DEXs, and that the Aave contract itself had no vulnerability. As DEX prices fell back and Aave froze the mainnet V3 market, the arbitrage window gradually closed. The above profits are based on transaction-by-transaction on-chain statistics and have not yet deducted Gas fees.
Cysic Restores Cross-Chain Bridge Services and Burns Over 7.2 Million CYS
According to an official announcement from Cysic, following the cross-chain bridge security incident that occurred earlier, Cysic has fully resumed its cross-chain bridge services, and users can now once again transfer CYS across chains between the Cysic mainnet and other supported blockchains. Additionally, Cysic has permanently burned 7,200,002 CYS on the BNB Smart Chain and confirmed that this operation has been recorded on-chain.
BNB Chain Announces Tokenized Stocks Hackathon Winners List
According to an official announcement from BNB Chain, the winner list for the BNB Hack: Tokenized Edition hackathon has been announced. Co-hosted by BNB Chain and Binance Wallet, the event awarded five projects from a total prize pool of $20,000. Moi took first place, while 4lpha, Redeye, TARE, and Firstshare ranked second through fifth. Additionally, 4lpha won the Best Agentic Wallet / Wallet Skills Application award, and Firstshare won the Best BNB Agent Studio Application award.