News linked to both this project and an event.
Odaily Echo Protocol posted on X platform, confirming a security incident on the Monad cross-chain bridge. An investigation is currently underway, and all cross-chain transaction functions have been suspended. The protocol stated that it will continue to provide updates through official channels once the investigation progresses.
Odaily Odaily News Monad co-founder Keone Hon posted on the X platform, stating that the team has noted a security incident related to eBTC on EchoProtocol. Security researchers are currently investigating the matter. The Monad network itself has not been affected and is operating normally.Additionally, a preliminary review by security researchers determined that this exploit targeting EchoProtocol's eBTC has resulted in the theft of approximately $816,000 in assets.
Decentralized equity asset trading protocol DeShare announced a partnership with compliant digital asset exchange DigiFT to launch the first SpaceX Pre-IPO asset presale on the Monad network. Under the agreement, all SpaceX-related assets will be custodied in compliance by DigiFT, ensuring a 1:1 peg to the underlying real-world asset value and delivering a secure, transparent, and auditable investment experience. This collaboration marks DeShare’s establishment of a full-cycle equity trading ecosystem spanning secondary-market trading of Hong Kong and U.S. equities, IPO subscription, and Pre-IPO allocation. Starting with SpaceX, on-chain investment in high-quality global Pre-IPO equity assets is gradually becoming a reality.