News linked to both this project and an event.
Odaily reports: According to on-chain analyst Ember's monitoring, 25 minutes ago, Arthur Hayes transferred another 14 million ENA (approximately $2.73 million) to Cumberland, suspected to be for sale.Since yesterday, Arthur Hayes has cumulatively transferred tokens worth approximately $28.81 million to multiple trading platforms, involving ETH, ENA, UNI, ETHFI, AERO, PENDLE, and ZAMA. Currently, he has received a total of approximately 14.15 million USDC from the relevant trading platforms.
Initia stated that on October 23 at 22:59 (UTC+8), an attacker exploited a vulnerability in the Initia MoveVM script cache to bypass security checks and forge MoveVM state, crediting themselves with WETH, iUSD, and USDC that had no actual backing. The total supply of the relevant tokens has not changed, INIT was not minted additionally, and the total supply is unaffected.
According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.
Odaily reports: According to monitoring by on-chain analyst Ai Yi, the Kanye address (0xdeA…a1d5c) has pledged 18,500 WETH to Aave and borrowed $25.01 million in stablecoins, with a health rate of 1.51. Since September 29, this address has withdrawn 12,500 ETH worth $32.04 million from Binance through the above method, and has continued to add to its position from $2,736.47 all the way down to $2,460, bringing the average long position price of ETH down to $2,553.31. Seven hours ago, the address transferred 5 million USDC to 0x4BA…82cE2, which has frequent fund connections with the Kanye address.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, the whale/institution that sold BTC to buy ETH sold another 246.2 BTC in the past day, worth $20.36 million, and bought 10,636 ETH. Since the 11th, this whale/institution has sold a cumulative 1,847.3 BTC over 11 days, converting to 153 million USDC, and then buying 63,731 ETH at an average purchase price of approximately $2,400.
According to on-chain analyst @EmberCN, a whale that used leverage to buy the dip at $1,647 for $30 million worth of ETH in early June sold 12,468 ETH yesterday at $2,368, converting them into $29.52 million USDC and realizing a profit of approximately $8.99 million. The address subsequently transferred $20 million USDC to Hyperliquid to go long on crude oil, and currently holds open long positions in crude oil contracts worth approximately $22.4 million (including CL and BRENTOIL) while continuing to add to the position.
Initia posted on X that, as Circle will sunset USDC on Noble, USDC on Initia will migrate from Noble to Injective. Initia Labs has developed a redemption vault, so users need take no action; existing USDC.n will continue to function normally, newly transferred USDC will arrive as USDC.inj, and USDC.n transferred out will be automatically redeemed for USDC.inj via the vault and continue to be sent to the target address. Applications may gradually transition from USDC.n to USDC.inj, and users can also swap at a 1:1 ratio via Initia Wallet. After January 12, 2027, only Noble USDC held in wallets can be redeemed with Circle; by then, USDC.n on Initia will no longer be redeemable.
Ethereum co-founder Vitalik Buterin launched a "paranoid mode" for his AI agent on October 16, designed to conceal user identity, request origins, and payment traces. The solution packages zkAPI, Tor, additional obfuscation traffic, and local large language model prompt rewriting into an OpenAI-compatible daemon, with an outer wrapper designed for the agent framework pi. The system is already running on the Ethereum mainnet and supports ETH and USDC deposits. Vitalik stated that the system is "already quite usable," but starting new conversations is relatively slow, and the agent is confined to a software sandbox.
Odaily reports, according to Onchain Lens monitoring, a Hyperliquid trader had two short positions liquidated, losing $47,900. Among them, the BTC short position was worth $4.29 million, with a loss of $46,070; the ZEC short position was worth $61,880, with a loss of $1,800. Hours earlier, the trader had deposited $200,000 USDC in an attempt to save the positions. Currently, the trader still holds $17.36 million in open short positions, with an unrealized loss of $149,900.
Odaily Report: According to Lookonchain monitoring, trader "Brother Machi" (@machibigbrother) suffered a full liquidation again approximately 4 hours ago, with nearly all of the 250,000 USDC deposited two days prior now lost.Lookonchain noted that Machi's unrealized gains on the Hyperliquid platform once reached as high as $44.84 million a year ago. Now, not only has he given back all of those profits, but he has also incurred an additional loss of approximately $36.85 million, with cumulative P&L having drawn down about $81.69 million from its previous peak.
Sui announced on X that Slush has integrated Halliday, allowing users to transfer tokens from 25 chains or deposit funds via bank cards, bank transfers, Apple Pay, and other methods. Users can receive SUI or USDC in Slush and click Buy to get started.
According to data monitored by on-chain analytics platform Lookonchain (@lookonchain), on the launch day of papertrade (@papertrade_xyz), an on-chain perpetual futures exchange built on Hyperliquid, one trader executed $10.1 billion in trading volume. Although his trades incurred a loss of $979,000, he was awarded 252 million PAPER tokens. He subsequently ceased trading and staked all 252 million PAPER tokens, having already claimed $1.73 million in USDC staking rewards to date. Over the past three days, he has averaged earnings of approximately $220,000 per day. After factoring in his trading losses, his current cumulative profit is approximately $762,000.
Singapore Gulf Bank (SGB) has announced support for direct conversion services between USD and USDT and USDC. Users can complete two-way conversions between the US dollar and these stablecoins within their bank accounts, with support for deposits and withdrawals to self-custody or custodial wallets. The service provides 24-hour trading support from Monday to Friday.
Odaily News: According to on-chain analyst Ember Monitoring, over the past day, a certain whale/institution continued to sell 288.9 BTC, exchanged for 23.48 million USDC, and then bought 9,820 ETH. Over the past 5 days, this whale/institution has cumulatively sold 1,601.1 BTC, exchanged for 132 million USDC, and bought 53,095 ETH at an average purchase price of $2,497.
Odaily reports: According to on-chain analyst Ember Monitoring, PUMP has dropped 16% over the past 24 hours, and one address may have contributed to today's PUMP decline. Seven hours ago, this address sold 1.264 billion PUMP in a single on-chain transaction in exchange for 5.483 million USDC, at a sale price of $0.0043. Due to selling all at once, the address incurred 5% slippage; had the sale been split into multiple transactions, it was estimated that $5.78 million could have been obtained, whereas the single transaction yielded only $5.483 million — roughly $300K less.
a certain whale/institution sold 237.8 BTC over the past day, exchanged it for 19.7 million USDC, and then bought 7,929 ETH. Over the past 4 days, this entity has cumulatively sold 1,312.1 BTC, exchanged it for 109.1 million USDC, and then bought 43,275 ETH.
According to Remnant monitoring, a certain whale or institution that has been consistently executing "sell BTC, buy ETH" trades once again converted 236.6 BTC into 19.71 million USDC over the past day, subsequently purchasing 7,845 ETH. Over the past three days, this address has cumulatively sold 1,074.3 BTC, converted them into 89.39 million USDC, and fully exchanged them for 35,346 ETH, resulting in an average ETH acquisition cost of $2,529.
Odaily reports, according to Lookonchain monitoring, trader 0x26b6 accumulated losses of approximately $637,000 in PaperTrade trading. The trader incurred trading losses of about $1.71 million while receiving 136 million $PAPER token rewards. Additionally, the trader earned approximately $1.07 million in USDC rewards through staking, of which $943,000 has been claimed, with about $130,000 still pending. After combining trading losses and reward earnings, 0x26b6's net loss amounts to approximately $637,000.
According to Onchain Lens monitoring, a Bitcoin OG transferred $138.32 million USDC to Binance. This whale currently holds $200 million USDC and $61.68 million USDT, totaling $261.68 million.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, a whale/institution has cumulatively sold 837.8 BTC and bought 27,500 ETH, with a total purchase amount of $69.68 million and an average price of $2,534. The entire process is as follows: BTC that was withdrawn from HTX about a year and a half ago was transferred to Hyperliquid, sold and converted into USDC, then the USDC was transferred back to Arbitrum and bridged to Ethereum, and finally ETH was purchased on the Ethereum chain.