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MEXC is a one-stop cryptocurrency trading platform. It offers support for over 160 cryptocurrency contract transactions, 1,600 cryptocurrency spot transactions, and 400 cryptocurrency ETF transactions.
Taiko bridge attack may result in losses up to $1.7 million
Ethereum Layer 2 blockchain Taiko has stated its chain state verification mechanism has been compromised, and the security assumptions of all bridges deployed on Taiko can no longer be relied upon. It urges users to immediately withdraw funds from the relevant bridges. Taiko says it is coordinating with partners to control the incident and has suspended the affected systems.Crypto security firm Blockaid stated that the root cause appears to be a flaw in the way Taiko's bridge validates source signals. Attackers can submit message proofs on Ethereum that lack legitimate proof from the Taiko chain, thereby registering and withdrawing fraudulent bridge messages. This leads to the unauthorized release of assets from the ERC20 treasury. Blockaid estimates at least $1 million was stolen, while Lookonchain and PeckShield believe the value of stolen assets could be as high as $1.7 million.PeckShield reported that the attacker has transferred approximately 1.99 million TAIKO tokens to MEXC, valued at around $189,000. Data from blockchain intelligence firm Arkham shows that the Taiko attacker's wallet holds approximately $1.5 million in assets, primarily in Ether. (Cointelegraph)
The Taiko attacker has transferred 1.99 million TAIKO tokens to MEXC, worth approximately $189,100.
According to PeckShieldAlert monitoring, the Taiko attacker has transferred 1.99 million TAIKO tokens to MEXC, worth approximately $189,100.
ESPORTS Spot and Binance Futures Contracts Showed a 45% Price Spread; Funding Rate Turned Negative
According to on-chain analyst Ai Aunt (@ai9684xtpa), the on-chain price of ESPORTS temporarily diverged from Binance’s perpetual contract price by as much as 45%, with a negative funding rate. The current on-chain spot price stands at approximately $0.04072, while Binance’s perpetual contract price is around $0.0492—still reflecting a 20.8% price gap. Reports indicate that Gate, MEXC, and Bitget have suspended token deposits, preventing effective arbitrage from narrowing the price gap between on-chain markets and centralized exchanges, thereby further impacting the performance of Binance’s perpetual contract price index.
A whale withdrew 10.86 million CHIP tokens from a CEX, worth $1.26 million.
According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address Whale0x9eC9 withdrew a total of 10.86 million CHIP tokens—worth approximately $1.26 million—from MEXC and Binance within the past 12 hours.
Trader who previously made 3500x profit spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago
Odaily News According to Lookonchain monitoring, trader "J3jfq8" spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago. Previously, he made a profit of at least $3.8 million on MOODENG, achieving a return of over 3500x. He spent 8.1 SOL ($1,072) to buy 33.4 million MOODENG when its market cap was only $320,000, and later sold for profit via DEX and MEXC.
Midnight Foundation: Wanchain Cardano<>BNB Bridge Attacked, Multiple Exchanges Jointly Freeze Related Assets
According to an official post from Midnight Foundation (@midnightfdn), the Wanchain Cardano<>BNB cross-chain bridge suffered a security attack. Currently, multiple major exchanges including KuCoin, Kraken, Binance, Bybit, OKX, and MEXC have responded rapidly, taking preventive measures to restrict the flow of stolen assets, including freezing relevant accounts and addresses, blacklisting the attacker's wallets, and suspending NIGHT token deposit and withdrawal services. The exchanges confirmed that this incident is an isolated third-party bridge vulnerability and is unrelated to the Midnight Network mainnet and the NIGHT asset itself.
Midnight：Multiple Exchanges Including Binance Freeze Funds Involved in Cross-Chain Bridge Attack
the Midnight Foundation has provided an update on the handling of the cross-chain bridge attack event involving Wanchain Cardano and BNB. Multiple exchanges including KuCoin, Kraken, Binance, Bybit, OKX, Gate, and MEXC have coordinated risk control actions, temporarily freezing the involved accounts and associated addresses, adding the hacker wallet to a blacklist, and pausing NIGHT token deposits and withdrawals as needed to curb the transfer and cashing out of stolen assets.The Foundation specifically noted that this security incident is an isolated incident related to a third-party cross-chain bridge, and the Midnight mainnet and native NIGHT assets have not been affected. The project team continues to collaborate with major exchanges and ecosystem partners to advance traceability investigations, reminding the community to rely on official disclosures for information and to be cautious of misinformation.
Taiko bridge attack may result in losses up to $1.7 million
Ethereum Layer 2 blockchain Taiko has stated its chain state verification mechanism has been compromised, and the security assumptions of all bridges deployed on Taiko can no longer be relied upon. It urges users to immediately withdraw funds from the relevant bridges. Taiko says it is coordinating with partners to control the incident and has suspended the affected systems.Crypto security firm Blockaid stated that the root cause appears to be a flaw in the way Taiko's bridge validates source signals. Attackers can submit message proofs on Ethereum that lack legitimate proof from the Taiko chain, thereby registering and withdrawing fraudulent bridge messages. This leads to the unauthorized release of assets from the ERC20 treasury. Blockaid estimates at least $1 million was stolen, while Lookonchain and PeckShield believe the value of stolen assets could be as high as $1.7 million.PeckShield reported that the attacker has transferred approximately 1.99 million TAIKO tokens to MEXC, valued at around $189,000. Data from blockchain intelligence firm Arkham shows that the Taiko attacker's wallet holds approximately $1.5 million in assets, primarily in Ether. (Cointelegraph)
The Taiko attacker has transferred 1.99 million TAIKO tokens to MEXC, worth approximately $189,100.
According to PeckShieldAlert monitoring, the Taiko attacker has transferred 1.99 million TAIKO tokens to MEXC, worth approximately $189,100.
MEXC and CoinGecko Release Report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," MEXC TradFi Monthly Trading Volume Surges Approximately 59x
MEXC, in collaboration with CoinGecko, has released the latest report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," which provides an in-depth analysis of the rapid expansion of traditional financial assets on centralized crypto exchanges and the shift in global investor behavior.Key findings of the report:1. The TradFi (Traditional Finance) trading volume of six major centralized exchanges surged from $3.46 billion in January 2025 to $393.15 billion in June 2026, representing a growth of over 100 times. Among this, perpetual contracts accounted for 98.5% of the total trading volume in June 2026.2. In June 2026, US equities surpassed precious metals to become the largest TradFi asset class, with monthly trading volume increasing by 337.4% to $189.84 billion, capturing a 48.3% market share. Meanwhile, precious metals trading volume decreased by 48.2% from its March peak, falling to $122.59 billion.3. MEXC's TradFi monthly trading volume grew approximately 59 times, rising from $1.54 billion in November 2025 to $91.12 billion in May 2026. Between January and May 2026, MEXC maintained the second-largest market share among the six exchanges for five consecutive months.4. In precious metals trading, MEXC ranked first among the six exchanges for two consecutive months, with trading volumes reaching $72.12 billion and $85.15 billion in April and May 2026, respectively.5. Among native crypto users, 61.9% have begun trading traditional assets through crypto exchanges.6. Among users with traditional finance experience, 74.2% have transferred some or all of their traditional asset trading to crypto exchanges.7. Across all respondents, 83.3% indicated plans to further increase their scale of trading traditional assets on crypto exchanges.
Midnight Foundation: Wanchain Cardano<>BNB Bridge Attacked, Multiple Exchanges Jointly Freeze Related Assets
According to an official post from Midnight Foundation (@midnightfdn), the Wanchain Cardano<>BNB cross-chain bridge suffered a security attack. Currently, multiple major exchanges including KuCoin, Kraken, Binance, Bybit, OKX, and MEXC have responded rapidly, taking preventive measures to restrict the flow of stolen assets, including freezing relevant accounts and addresses, blacklisting the attacker's wallets, and suspending NIGHT token deposit and withdrawal services. The exchanges confirmed that this incident is an isolated third-party bridge vulnerability and is unrelated to the Midnight Network mainnet and the NIGHT asset itself.
Midnight：Multiple Exchanges Including Binance Freeze Funds Involved in Cross-Chain Bridge Attack
the Midnight Foundation has provided an update on the handling of the cross-chain bridge attack event involving Wanchain Cardano and BNB. Multiple exchanges including KuCoin, Kraken, Binance, Bybit, OKX, Gate, and MEXC have coordinated risk control actions, temporarily freezing the involved accounts and associated addresses, adding the hacker wallet to a blacklist, and pausing NIGHT token deposits and withdrawals as needed to curb the transfer and cashing out of stolen assets.The Foundation specifically noted that this security incident is an isolated incident related to a third-party cross-chain bridge, and the Midnight mainnet and native NIGHT assets have not been affected. The project team continues to collaborate with major exchanges and ecosystem partners to advance traceability investigations, reminding the community to rely on official disclosures for information and to be cautious of misinformation.
Taiko bridge attack may result in losses up to $1.7 million
Ethereum Layer 2 blockchain Taiko has stated its chain state verification mechanism has been compromised, and the security assumptions of all bridges deployed on Taiko can no longer be relied upon. It urges users to immediately withdraw funds from the relevant bridges. Taiko says it is coordinating with partners to control the incident and has suspended the affected systems.Crypto security firm Blockaid stated that the root cause appears to be a flaw in the way Taiko's bridge validates source signals. Attackers can submit message proofs on Ethereum that lack legitimate proof from the Taiko chain, thereby registering and withdrawing fraudulent bridge messages. This leads to the unauthorized release of assets from the ERC20 treasury. Blockaid estimates at least $1 million was stolen, while Lookonchain and PeckShield believe the value of stolen assets could be as high as $1.7 million.PeckShield reported that the attacker has transferred approximately 1.99 million TAIKO tokens to MEXC, valued at around $189,000. Data from blockchain intelligence firm Arkham shows that the Taiko attacker's wallet holds approximately $1.5 million in assets, primarily in Ether. (Cointelegraph)
tea Protocol Mainnet Officially Launches, Native Token TEA Lists on Multiple Trading Platforms Simultaneously
According to Odaily, open-source software Layer 2 network tea Protocol announced that its mainnet and native token TEA officially launched at 08:00 Beijing time on June 4. TEA simultaneously listed on Aerodrome, MEXC, Gate, and KuCoin for trading.It is reported that Aerodrome has opened TEA liquidity pool voting, allowing veAERO holders to participate in reward distribution and guide liquidity. In the future, users will also be able to access TEA-related liquidity services through mainstream wallets such as Coinbase Wallet, Binance Wallet, OKX Wallet, and Trust Wallet.Tim Lewis, co-founder of tea Protocol, stated that as AI accelerates software development, the open-source software ecosystem's demand for transparent, trusted, and sustainable infrastructure continues to grow. Tea aims to build a new value network serving open-source developers.
MEXC Officially Launches AI Strategy, Completing the Full Trading Loop
MEXC AI has completed a comprehensive upgrade, officially launching a completely free and open AI Strategy feature. Users can generate trading strategies, monitor social media signals in real-time, and execute trades automatically around the clock simply through natural language conversation, without needing to write code or constantly watch the markets. This upgrade marks the evolution of MEXC AI from a decision-support tool into an independently executable trading agent, working together with Smart K-line and AI Advisor to form the complete trading loop of "Discover-Judge-Execute."It is reported that in Q1 2026, the cumulative number of monthly active users for MEXC AI-related features surpassed 1.04 million.
Related news
MEXC and CoinGecko Release Report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," MEXC TradFi Monthly Trading Volume Surges Approximately 59x
MEXC, in collaboration with CoinGecko, has released the latest report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," which provides an in-depth analysis of the rapid expansion of traditional financial assets on centralized crypto exchanges and the shift in global investor behavior.Key findings of the report:1. The TradFi (Traditional Finance) trading volume of six major centralized exchanges surged from $3.46 billion in January 2025 to $393.15 billion in June 2026, representing a growth of over 100 times. Among this, perpetual contracts accounted for 98.5% of the total trading volume in June 2026.2. In June 2026, US equities surpassed precious metals to become the largest TradFi asset class, with monthly trading volume increasing by 337.4% to $189.84 billion, capturing a 48.3% market share. Meanwhile, precious metals trading volume decreased by 48.2% from its March peak, falling to $122.59 billion.3. MEXC's TradFi monthly trading volume grew approximately 59 times, rising from $1.54 billion in November 2025 to $91.12 billion in May 2026. Between January and May 2026, MEXC maintained the second-largest market share among the six exchanges for five consecutive months.4. In precious metals trading, MEXC ranked first among the six exchanges for two consecutive months, with trading volumes reaching $72.12 billion and $85.15 billion in April and May 2026, respectively.5. Among native crypto users, 61.9% have begun trading traditional assets through crypto exchanges.6. Among users with traditional finance experience, 74.2% have transferred some or all of their traditional asset trading to crypto exchanges.7. Across all respondents, 83.3% indicated plans to further increase their scale of trading traditional assets on crypto exchanges.
Midnight Foundation: Wanchain Cardano<>BNB Bridge Attacked, Multiple Exchanges Jointly Freeze Related Assets
According to an official post from Midnight Foundation (@midnightfdn), the Wanchain Cardano<>BNB cross-chain bridge suffered a security attack. Currently, multiple major exchanges including KuCoin, Kraken, Binance, Bybit, OKX, and MEXC have responded rapidly, taking preventive measures to restrict the flow of stolen assets, including freezing relevant accounts and addresses, blacklisting the attacker's wallets, and suspending NIGHT token deposit and withdrawal services. The exchanges confirmed that this incident is an isolated third-party bridge vulnerability and is unrelated to the Midnight Network mainnet and the NIGHT asset itself.
Midnight：Multiple Exchanges Including Binance Freeze Funds Involved in Cross-Chain Bridge Attack
the Midnight Foundation has provided an update on the handling of the cross-chain bridge attack event involving Wanchain Cardano and BNB. Multiple exchanges including KuCoin, Kraken, Binance, Bybit, OKX, Gate, and MEXC have coordinated risk control actions, temporarily freezing the involved accounts and associated addresses, adding the hacker wallet to a blacklist, and pausing NIGHT token deposits and withdrawals as needed to curb the transfer and cashing out of stolen assets.The Foundation specifically noted that this security incident is an isolated incident related to a third-party cross-chain bridge, and the Midnight mainnet and native NIGHT assets have not been affected. The project team continues to collaborate with major exchanges and ecosystem partners to advance traceability investigations, reminding the community to rely on official disclosures for information and to be cautious of misinformation.
Taiko bridge attack may result in losses up to $1.7 million
Ethereum Layer 2 blockchain Taiko has stated its chain state verification mechanism has been compromised, and the security assumptions of all bridges deployed on Taiko can no longer be relied upon. It urges users to immediately withdraw funds from the relevant bridges. Taiko says it is coordinating with partners to control the incident and has suspended the affected systems.Crypto security firm Blockaid stated that the root cause appears to be a flaw in the way Taiko's bridge validates source signals. Attackers can submit message proofs on Ethereum that lack legitimate proof from the Taiko chain, thereby registering and withdrawing fraudulent bridge messages. This leads to the unauthorized release of assets from the ERC20 treasury. Blockaid estimates at least $1 million was stolen, while Lookonchain and PeckShield believe the value of stolen assets could be as high as $1.7 million.PeckShield reported that the attacker has transferred approximately 1.99 million TAIKO tokens to MEXC, valued at around $189,000. Data from blockchain intelligence firm Arkham shows that the Taiko attacker's wallet holds approximately $1.5 million in assets, primarily in Ether. (Cointelegraph)
The Taiko attacker has transferred 1.99 million TAIKO tokens to MEXC, worth approximately $189,100.
According to PeckShieldAlert monitoring, the Taiko attacker has transferred 1.99 million TAIKO tokens to MEXC, worth approximately $189,100.
tea Protocol Mainnet Officially Launches, Native Token TEA Lists on Multiple Trading Platforms Simultaneously
According to Odaily, open-source software Layer 2 network tea Protocol announced that its mainnet and native token TEA officially launched at 08:00 Beijing time on June 4. TEA simultaneously listed on Aerodrome, MEXC, Gate, and KuCoin for trading.It is reported that Aerodrome has opened TEA liquidity pool voting, allowing veAERO holders to participate in reward distribution and guide liquidity. In the future, users will also be able to access TEA-related liquidity services through mainstream wallets such as Coinbase Wallet, Binance Wallet, OKX Wallet, and Trust Wallet.Tim Lewis, co-founder of tea Protocol, stated that as AI accelerates software development, the open-source software ecosystem's demand for transparent, trusted, and sustainable infrastructure continues to grow. Tea aims to build a new value network serving open-source developers.