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Project Overview
Decrypt is a Web3 media incubated inside ConsenSys Mesh from 2018 to 2022. In April 2022, it raised $10 million in funding and spun out. Its products include decentralized media PubDAO and NFT solution provider Decrypt Studios. Decrypt is laying the foundation for a new approach to media, leveraging Web3 applications to create a better future for everyone.
纽约初创公司 Birch Hill 已完成 400 万美元种子轮融资，Multicoin Capital 领投
据 Decrypt 报道，由高盛和贝莱德前员工创立的纽约初创公司 Birch Hill 已完成 400 万美元种子轮融资，由 Multicoin Capital 领投，ParaFi Capital、Castle Island Ventures 和 Nascent 参投，公司累计融资额达 650 万美元。Birch Hill 计划在美国监管框架下，将美国公寓、农场和能源贷款上链，其 Enterprise 部门已向 FINRA 申请经纪自营商会员资格。
Morgan Stanley Becomes Strategic Partner of NEXTPredict, Will Explore Institutional Capital Entering Prediction Markets
According to Decrypt, Morgan Stanley has become a strategic partner of New York Prediction Market Summit NEXTPredict and will host discussions on institutional capital entering prediction markets at the event scheduled for October 22–23. Pierre Lindh, co-founder of NEXTPredict, noted that this marks the first time a bank has publicly engaged in events within this sector. The session will be moderated by Stephen Grambling, Head of US Gaming, Hotels & Leisure Research at Morgan Stanley, focusing on the opportunities for institutional funds to enter prediction markets, along with market structure and risk considerations. Currently, around 90% of liquidity and trading volume in prediction markets remains concentrated in sports contracts, though some financial institutions are beginning to explore its potential applications in market forecasting, internal forecasting, and corporate risk hedging. Morgan Stanley previously also took part in Kalshi’s $1 billion Series F funding round completed in May this year.
DeFi Dev Corp adds 55,000 SOL, launches $300M CHAD preferred stock plan
According to Decrypt, Solana treasury company DeFi Development Corp (DFDV) announced the acquisition of an additional 55,491 SOL tokens (approximately $5.78 million), bringing its total SOL holdings to approximately 2.389 million, representing a roughly 2% increase from August 27. Meanwhile, the company announced the launch of a $300 million ATM program for CHAD variable-rate Series C perpetual preferred shares, with New York broker R.F. Lafferty & Co. acting as the sole sales agent, and the proceeds intended primarily to further increase SOL holdings. The company noted that issuance will only occur when the price is at or above a $10 par value per share, with no mandatory selling requirements. CHAD's first issuance was completed on September 8, raising approximately $11 million, with Fundstrat founder Tom Lee participating in the subscription. As CHAD comprises non-convertible preferred shares, any subsequent issuances will not dilute the equity of common shareholders.
India Launches Tokenization Pilot for $620 Billion Corporate Bond Market
Odaily reports: The Securities and Exchange Board of India (SEBI), in collaboration with the Reserve Bank of India (RBI), has launched the "Demat 2.0" pilot to issue and settle corporate bond tokens on permissioned ledgers operated by NSDL and CDSL, covering a corporate bond market of approximately $620 billion.State-owned lender REC, Larsen & Toubro, and non-bank lender IIFL Finance have collectively raised approximately $107 million through this framework. The system connects to the RBI's wholesale digital rupee to enable simultaneous settlement of bonds and funds, and automates interest payments and redemptions via smart contracts.SEBI stated that the legal terms, credit ratings, trustee arrangements, listing rules, and investor protections for tokenized bonds remain unchanged. Investors can hold tokens in their existing Demat accounts, with secondary trading and retail participation to be introduced in subsequent phases. (Decrypt)
Pencil Finance completes $1 million in fully on-chain student loan financing and repayment cycle
Odaily News: Decentralized lending protocol Pencil Finance has completed the fundraising, disbursement, repayment tracking, and fund return of a $1 million student loan portfolio entirely on-chain, constituting a full financing and repayment cycle. Animoca Brands, Open Campus, and NewCampus provided funding for this portfolio in July 2025.Education financing company ErudiFi disbursed the majority of funds through student loans and tuition financing in Southeast Asia, covering markets such as Indonesia and the Philippines. The portfolio ran for 12 months, supporting more than 6,600 students across 118 schools and universities, with approximately 1,050 students receiving funding directly attributable to Pencil Finance.Investors were split into senior and subordinated tranches — the former receiving fixed returns with priority repayment rights, while the latter earned variable returns and bore the first losses from defaults. Pencil Finance claims this is the first fully on-chain student loan cycle, but did not disclose interest rates, investor yields, default rates, or blockchain transaction records. (Decrypt)
OpenReserve receives preliminary approval for full-service national bank, must raise $210 million and maintain 12% Tier 1 leverage ratio
Odaily News: Blockchain-native fintech startup OpenReserve received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) on September 2 to establish a full-service national bank in Salt Lake City, Utah. The approval process took less than five months, with OpenReserve submitting its application on April 13.OpenReserve must raise at least $210 million in initial paid-in capital within 12 months and maintain a minimum Tier 1 leverage ratio of 12% for three years after opening. It must also commence operations within 18 months, or the approval will lapse. The relevant deadlines are September 2027 and March 2028, respectively.OpenReserve plans to offer tokenized deposits, treasury management, foreign correspondent banking, and Banking-as-a-Service for institutional clients. The full-service national bank charter, upon final approval, would allow it to accept deposits and conduct lending activities.OpenReserve previously completed a $25 million seed funding round led by a16z crypto, with participation from Coinbase Ventures, Jump Capital, and Wintermute Ventures, among others. The company plans to establish a wholly-owned subsidiary to issue and redeem dollar-denominated, reserve-backed stablecoins, but that subsidiary has not yet filed an application with the OCC. (Decrypt)
Binance theft case involves $6.4 billion, Tether freezes over 1.567 billion USDT
Binance is collaborating with the FBI and the U.S. Secret Service to investigate a theft incident involving $6.4 billion. Stablecoin issuer Circle stated it has frozen over $800 million in USDC related to the incident and is cooperating with law enforcement authorities in the investigation. (Decrypt)
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
纽约初创公司 Birch Hill 已完成 400 万美元种子轮融资，Multicoin Capital 领投
据 Decrypt 报道，由高盛和贝莱德前员工创立的纽约初创公司 Birch Hill 已完成 400 万美元种子轮融资，由 Multicoin Capital 领投，ParaFi Capital、Castle Island Ventures 和 Nascent 参投，公司累计融资额达 650 万美元。Birch Hill 计划在美国监管框架下，将美国公寓、农场和能源贷款上链，其 Enterprise 部门已向 FINRA 申请经纪自营商会员资格。
NIP Group Purchases Third Batch of Bitcoin Mining Machines, Total Hash Rate Reaches 13.85 EH/s
According to Decrypt, NIP Group, the parent company of the esports organization Ninjas in Pyjamas, has acquired its third batch of Bitcoin mining machines through the issuance of over 247 million Class A ordinary shares as consideration. Following the transaction, the company’s total hash rate will reach approximately 13.85 EH/s, with expected monthly production of around 195 BTC. Valued at current market prices, this amounts to roughly $2.8 million, representing an increase of 35 coins over the previous monthly target of 160. CEO Hicham Chahine stated that the company strategically timed its entry into mining during a market cooldown, adding that the initiative has cleared a comprehensive internal review focused on boosting profit margins and achieving profitability. He further noted that should the AI and high-performance computing divisions continue to deliver superior returns compared to mining, the company may redirect a portion of its computing capacity toward AI infrastructure.
The number of companies opposing trading on the OKX and ICE tokenized stock platform has risen to 22
a notice updated by OKXICE TSV on October 23 listed 6 newly objecting companies, including Wells Fargo, Cisco Systems, Marvell Technology, Arm Holdings, Moderna, and Intuit. The total number of companies that have raised objections has increased to 22, up from 16 on October 19 and 9 on October 15. The notice did not state the reasons why the companies objected, nor did it explain the impact of the objections on whether the stocks can be traded on the platform.OKXICE TSV is a joint venture owned 50-50 by Intercontinental Exchange and OKX's U.S. holding company, and plans to allow approved users to trade tokenized U.S. stocks around the clock. Trading will be conducted through Uniswap v4 liquidity pools on OKX's XLayer blockchain and settled using stablecoins such as USDC.The notice disclosed that the platform suspends trading only when the underlying stocks are halted, has not set up other circuit breaker mechanisms, and has not established policies for handling issues related to blockchain transaction ordering. Smart contracts can be upgraded without prior notice to users, and the contract controlling trading eligibility has only undergone an internal audit. (Decrypt)
BIS Working Paper: Rising Bank Deposit Rates Slow Stablecoin Growth
A working paper from the Bank for International Settlements (BIS), based on weekly U.S. data from January 2019 to June 2025, found that when bank deposit rates rise, the growth rate of the stablecoin market slows. The paper's authors include BIS economist Iñaki Aldasoro and Rashad Ahmed of the Andersen Institute for Finance and Economics.In the sample, stablecoin market capitalization grew by about 15% over a typical 10-week period. Baseline estimates show that after a one-basis-point increase in deposit rates, that growth rate falls to about 12%; an alternative method used to identify causality shows the growth rate falling to about 6%, though the stablecoin market still continued to grow.The correlation is stronger for Circle-issued USDC than for Tether-issued USDT, which the authors attribute to USDC's closer ties to U.S. users. The paper notes that banks can influence the pace of stablecoin adoption through deposit pricing, and recommends that regulators assess whether stablecoin issuers should be allowed to pay yield to holders and whether issuers should be required to hold a portion of their reserves in bank deposits.The working paper represents only the views of the authors and does not necessarily reflect the position of the BIS; the sample covers a single high-interest-rate cycle, during which stablecoins paid no interest to holders. The U.S. Treasury, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) are drafting implementation rules for the GENIUS Act, which takes effect next January and sets out rules for the issuance, use, and custody of stablecoins. (Decrypt)
Wallet Linked to Binance Hackers Holds About 253,000 ETH, Worth Approximately $570 Million
Odaily report: A wallet suspected to be associated with the Binance hack incident received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using approximately $60 million in USDT as collateral. On-chain records do not show any vulnerabilities in Uniswap or Aave.As of 22:07 UTC, the two wallets held approximately 253,000 ETH, worth about $570 million, with no outgoing transfers recorded. Aave has paused the Ethereum mainnet V3 market, and Kamino has also paused borrowing in the SOL/BTC market; Ripple has frozen approximately $200 million in RLUSD, and more than $2 billion in USDT and USDC has been frozen by stablecoin issuers. (Decrypt)
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Polymarket suspected of frontend attack, trading switched to cancel-only mode
According to Decrypt, Polymarket has switched trading to cancel-only mode and paused relay operations due to a security incident, with multiple users reporting unauthorized asset transfers. The suspected attacker's address holds approximately $2.65 million in POL.
Glassnode: About 4 Million BTC Were Purchased Above $85,000, Most Bought in 2025
Odaily reports: On-chain analytics firm Glassnode says long-term holders hold roughly 4 million BTC with a cost basis between $85,000 and $118,000, most of which was purchased in 2025. At Bitcoin's current price, these holdings are worth approximately $326 billion, and holders are currently facing losses.Glassnode defines long-term holders as addresses holding coins for more than 155 days, and notes that the $84,000–$85,000 range has pushed Bitcoin back four times this year; since January, Bitcoin has closed above that range on only 5 days. Glassnode says that if prices recover to the relevant cost basis range, some holders may choose to sell to break even.U.S. spot Bitcoin ETF holdings have an average cost basis of about $81,500–$82,000. Glassnode says ETF holders' average unrealized loss as of Monday was about $2.63 billion; the estimate only tracks fund flows and does not include the purchase costs of secondary-market buyers. (Decrypt)
Ledger Launches Self-Custodial Crypto Lending Feature, Enabling Borrowing of Stablecoins Against Wrapped Bitcoin Collateral
According to Decrypt, Ledger announced at the TOKEN2049 conference in Singapore the launch of its self-custody lending feature, "Crypto Loan". Eligible users can borrow stablecoins USDC or USDT through their wallet application by using wrapped Bitcoin (cbBTC or wBTC) as collateral, without transferring funds to centralized lending platforms or selling the underlying assets.
Near Intents Recovers $3.8 Million in Stolen Funds, Ends Investigation
Odaily reports: Cross-chain swap service Near Intents announced that the $3.8 million in funds stolen in a previous exploit has been fully returned, and the team has closed its investigation. Near Intents General Manager Alex Shevchenko had previously issued a 48-hour return deadline to the attacker, providing Bitcoin, BNB, Ethereum, and Solana addresses.The attacker acknowledged wrongdoing in an on-chain message, stating that all funds had been returned and urging others to report issues through the bug bounty program. The incident stemmed from a vulnerability in the interaction between its Omni deposit and withdrawal layer and the main smart contract. Near Intents had suspended services and promised full compensation to users. (Decrypt)
Israel Extradites Suspect in Nomad Bridge Attack to the U.S., Related Exploit Later Led to Over $186 Million Stolen
Odaily reports: Israel's State Attorney's Office announced on Thursday that Israel has extradited Alexander Block, a dual Israeli-Russian national, to the United States. Block, whose original name is Alexander Gurevich, faces charges for allegedly stealing approximately $2.8 million from the crypto cross-chain bridge Nomad in 2022.U.S. prosecutors allege that Block, operating under the username "Bitlik," carried out six test transfers and four main transfers, moving tokens through multiple wallets and converting them into other cryptocurrencies to conceal their origin. His actions exposed a vulnerability in Nomad's smart contract, after which other users drained over $186 million from wallets controlled by the project.Israel's Supreme Court rejected Block's extradition appeal, ruling that even if the software permits the actions in question, exploiting a programming vulnerability can still constitute unauthorized computer intrusion; the court also noted that publicly visible on-chain transactions do not necessarily reveal the identity of wallet controllers, nor do they rule out attempts to conceal the source of funds. Supreme Court President Isaac Amit subsequently denied his request for a retrial. (Decrypt)
Wallet Linked to Binance Hackers Holds About 253,000 ETH, Worth Approximately $570 Million
Odaily report: A wallet suspected to be associated with the Binance hack incident received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using approximately $60 million in USDT as collateral. On-chain records do not show any vulnerabilities in Uniswap or Aave.As of 22:07 UTC, the two wallets held approximately 253,000 ETH, worth about $570 million, with no outgoing transfers recorded. Aave has paused the Ethereum mainnet V3 market, and Kamino has also paused borrowing in the SOL/BTC market; Ripple has frozen approximately $200 million in RLUSD, and more than $2 billion in USDT and USDC has been frozen by stablecoin issuers. (Decrypt)
Ripple freezes around $200 million in RLUSD, hackers switch to DEXs
According to Decrypt, Binance co-CEO He Yi stated that Ripple has frozen approximately $200 million in RLUSD; suspected hackers are converting freezeable stablecoins into ETH via Uniswap and Aave, while Kamino has suspended SOL/BTC market lending.
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Polymarket suspected of frontend attack, trading switched to cancel-only mode
According to Decrypt, Polymarket has switched trading to cancel-only mode and paused relay operations due to a security incident, with multiple users reporting unauthorized asset transfers. The suspected attacker's address holds approximately $2.65 million in POL.
Keystone to destroy 18,835 hardware wallets and suspend shipments after attackers obtain device verification keys
Odaily reports: Bitcoin hardware wallet manufacturer Keystone has stated that attackers obtained the permanent factory keys used to verify device authenticity. The company will destroy 18,835 unsold devices in its inventory and suspend all unshipped orders on its official website. The incident was discovered on October 20. Devices delivered before October 20 are not affected, and mnemonic phrases and private keys were not involved.The incident also affected 25,964 buyer records from Keystone's Shopify online store, involving names, contact information, shipping addresses, and order information between 2024 and 2026. A total of 51,083 records were previously involved, and 25,119 pieces of personal information have been deleted; customers who purchased through channels such as Amazon are not affected.Keystone stated that some records were not deleted within the originally planned 180-day period. The company has shortened the data retention period to 90 days and on October 24 requested that Shopify delete overdue data, which is expected to be completed on November 3. Official website sales will switch to pre-orders until devices using the new keys are produced; the company has submitted reports to relevant authorities in the EU, the UK, and other regions. (Decrypt)
Wallet Linked to Binance Hackers Holds About 253,000 ETH, Worth Approximately $570 Million
Odaily report: A wallet suspected to be associated with the Binance hack incident received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using approximately $60 million in USDT as collateral. On-chain records do not show any vulnerabilities in Uniswap or Aave.As of 22:07 UTC, the two wallets held approximately 253,000 ETH, worth about $570 million, with no outgoing transfers recorded. Aave has paused the Ethereum mainnet V3 market, and Kamino has also paused borrowing in the SOL/BTC market; Ripple has frozen approximately $200 million in RLUSD, and more than $2 billion in USDT and USDC has been frozen by stablecoin issuers. (Decrypt)
Electrum Releases Version 4.8.3 to Fix Critical Vulnerability, Preventing Malicious Servers from Tampering with Unconfirmed Transactions
Bitcoin software wallet Electrum released version 4.8.3 on October 24, fixing a critical vulnerability. Malicious servers could exploit this vulnerability to tamper with unconfirmed transactions and redirect user funds to attacker addresses; the vulnerability affects all versions prior to 4.8.3.Attackers could intercept payments broadcast by users through compromised servers and inject fake conflicting transactions displaying zero fees. If users increase the fee on a transaction that appears stuck, the newly signed and broadcast transaction could send funds to the attacker's address. At least one user reported losing funds as a result on October 18.This patch verifies the signatures of the wallet's own inputs before adding unconfirmed transactions to the local record; transactions from external senders whose inputs do not belong to the user's wallet are still not subject to signature verification. Electrum developer SomberNight stated that closing this gap will require additional work. (Decrypt)
The number of companies opposing trading on the OKX and ICE tokenized stock platform has risen to 22
a notice updated by OKXICE TSV on October 23 listed 6 newly objecting companies, including Wells Fargo, Cisco Systems, Marvell Technology, Arm Holdings, Moderna, and Intuit. The total number of companies that have raised objections has increased to 22, up from 16 on October 19 and 9 on October 15. The notice did not state the reasons why the companies objected, nor did it explain the impact of the objections on whether the stocks can be traded on the platform.OKXICE TSV is a joint venture owned 50-50 by Intercontinental Exchange and OKX's U.S. holding company, and plans to allow approved users to trade tokenized U.S. stocks around the clock. Trading will be conducted through Uniswap v4 liquidity pools on OKX's XLayer blockchain and settled using stablecoins such as USDC.The notice disclosed that the platform suspends trading only when the underlying stocks are halted, has not set up other circuit breaker mechanisms, and has not established policies for handling issues related to blockchain transaction ordering. Smart contracts can be upgraded without prior notice to users, and the contract controlling trading eligibility has only undergone an internal audit. (Decrypt)
HSBC launches HKD stablecoin RedCoin on PayMe, enabling over 3.3 million users to open wallets for use.
According to Decrypt, HSBC officially launched the Hong Kong dollar stablecoin RedCoin (RCHKD) on its payment app PayMe on Friday. Over the coming days, more than 3.3 million PayMe users will be able to gradually set up compatible wallets to transfer funds to friends using RedCoin or make payments at over 100,000 merchants accepting PayMe.
SoFi Launches Tokenized Deposit SOFIE with 4.4% Annual Yield and 1:1 Convertibility to SoFiUSD
Odaily reports: Fintech company SoFi has launched SoFi Earn (SOFIE), calling it the first tokenized deposit from a nationwide U.S. bank offered to consumers. Each SOFIE corresponds to $1 in SoFi Bank deposits, with holders earning a 4.40% annual percentage yield, and funds covered by Federal Deposit Insurance Corporation (FDIC) insurance up to applicable limits.Users can convert SOFIE 1:1 into SoFiUSD, then use it to purchase cryptocurrencies within the SoFi app, or transfer U.S. dollars around the clock via blockchain networks. SoFi stated that the product is designed to allow digital dollars to continue generating yield before they are used.SoFi Earn is the fifth crypto product SoFi has launched in under a year. SoFi resumed cryptocurrency trading in late 2025 and currently supports trading of more than 40 tokens; its SoFiUSD is already deployed on Ethereum and Solana and is used to settle all of SoFi's card programs. (Decrypt)
Kalshi and Polymarket Combined July Trading Volume Hits $53 Billion as US Midterms Approach
Odaily reports: Prediction market platforms Kalshi and Polymarket expanded ahead of the US midterm elections in November, with combined monthly trading volume reaching $53 billion in July, more than double the $26 billion recorded in May, with trading concentrated primarily in sports.Political trading accounted for a relatively small share, with Polymarket averaging about $2 billion per month this year and Kalshi under $300 million; as of July, trading volume around which party controls the House and Senate had exceeded $30 million.The US Commodity Futures Trading Commission (CFTC) had previously prohibited Kalshi from listing congressional control contracts and at one point proposed classifying election contracts as gambling. The agency withdrew the relevant proposal in February and on June 10 published a structured event contract framework proposal that would not classify elections as gambling. Kalshi launched its Midterms Hub the same month, displaying traders' implied probabilities for individual districts alongside polling averages.Chuck Todd, former NBC News political director and former host of Meet the Press, will host the NEXTPredict summit in New York on October 22–23. He said he hopes to understand the extent to which pollsters and prediction markets need and influence each other, and whether trading is used for hedging or entertainment. Research by the Anti-Corruption Data Collective found that a $3,500 bet could move 97% of midterm election-related market prices by at least 5 cents; Morgan Stanley, after studying more than 72 million Kalshi trades, found that prices closely tracked outcomes. (Decrypt)
Related news
Binance theft case involves $6.4 billion, Tether freezes over 1.567 billion USDT
Binance is collaborating with the FBI and the U.S. Secret Service to investigate a theft incident involving $6.4 billion. Stablecoin issuer Circle stated it has frozen over $800 million in USDC related to the incident and is cooperating with law enforcement authorities in the investigation. (Decrypt)
Israel Extradites Suspect in Nomad Bridge Attack to the U.S., Related Exploit Later Led to Over $186 Million Stolen
Odaily reports: Israel's State Attorney's Office announced on Thursday that Israel has extradited Alexander Block, a dual Israeli-Russian national, to the United States. Block, whose original name is Alexander Gurevich, faces charges for allegedly stealing approximately $2.8 million from the crypto cross-chain bridge Nomad in 2022.U.S. prosecutors allege that Block, operating under the username "Bitlik," carried out six test transfers and four main transfers, moving tokens through multiple wallets and converting them into other cryptocurrencies to conceal their origin. His actions exposed a vulnerability in Nomad's smart contract, after which other users drained over $186 million from wallets controlled by the project.Israel's Supreme Court rejected Block's extradition appeal, ruling that even if the software permits the actions in question, exploiting a programming vulnerability can still constitute unauthorized computer intrusion; the court also noted that publicly visible on-chain transactions do not necessarily reveal the identity of wallet controllers, nor do they rule out attempts to conceal the source of funds. Supreme Court President Isaac Amit subsequently denied his request for a retrial. (Decrypt)
Wallet Linked to Binance Hackers Holds About 253,000 ETH, Worth Approximately $570 Million
Odaily report: A wallet suspected to be associated with the Binance hack incident received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using approximately $60 million in USDT as collateral. On-chain records do not show any vulnerabilities in Uniswap or Aave.As of 22:07 UTC, the two wallets held approximately 253,000 ETH, worth about $570 million, with no outgoing transfers recorded. Aave has paused the Ethereum mainnet V3 market, and Kamino has also paused borrowing in the SOL/BTC market; Ripple has frozen approximately $200 million in RLUSD, and more than $2 billion in USDT and USDC has been frozen by stablecoin issuers. (Decrypt)
Ripple freezes around $200 million in RLUSD, hackers switch to DEXs
According to Decrypt, Binance co-CEO He Yi stated that Ripple has frozen approximately $200 million in RLUSD; suspected hackers are converting freezeable stablecoins into ETH via Uniswap and Aave, while Kamino has suspended SOL/BTC market lending.
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Polymarket suspected of frontend attack, trading switched to cancel-only mode
According to Decrypt, Polymarket has switched trading to cancel-only mode and paused relay operations due to a security incident, with multiple users reporting unauthorized asset transfers. The suspected attacker's address holds approximately $2.65 million in POL.