Track market-moving stories before they get noisy

A Web3 security researcher received $150,000 from the Cosmos Network for identifying a critical bug that could halt the Evmos blockchain and all its decentralized applications.

On Oct. 29, a Web3 security researcher from Spearbit with the username jayjonah.eth made an X post containing a blogpost he wrote about finding a bug in the Evmos(EVMOS) blockchain that could have proved catastrophic to its operations.

His efforts were rewarded by the Cosmos Network with a $150,000 payout for identifying the vulnerability. He discovered the bug while participating in the Evmos Bug Bounty Program on the bug bounty platform Immunefi, which has been active since November 2022.

A crypto bug bounty offers incentives to developers and researchers to help identify bugs and vulnerabilities within a system.

https://twitter.com/jayjonah_eth/status/1850958520344027273

In his blog post, the researcher explained that he came across the concept of “module accounts” while reviewing the Cosmos documentation, describing this review as “the first step” in identifying potential problems, as the documentation provides “the foundation” for understanding a blockchain.

He found a section within the document which read as follows:

“Typically, these addresses are module accounts. If these addresses receive funds outside the expected rules of the state machine, invariants are likely to be broken and could result in a halted network,” wrote Evmos.

According to jayjonah.eth, this clause indicated that if users sent funds to module accounts, it could cause the blockchain to break. He then tested this by sending funds to the module accounts.

“At this point, no more blocks are being produced and the chain has completely halted. This breaks the Evmos blockchain and all the DApps built on it,” he wrote.

He reported his findings to the Evmos team, receiving $150,000, the highest prize awarded for a “critical” level bug. The researcher emphasized that the bug was a “low-hanging fruit” — simple yet easy to overlook.

“This bug taught me a few important things as a security researcher. The first, and most obvious, is to always thoroughly read the documentation of the project you’re investigating,”

-jayjonah.eth.

Other projects have also been known to launch bug bounties to help detect hidden threats in their systems. Last August, Layer3, a decentralized attention layer project, launched a bug bounty program in partnership with HackenProof. The bug bounty offers a reward of up to $500,000.

In July, Immunefi collaborated with the Ethereum Foundation to launch “Attackathon,” an audit contest designed to challenge and enhance the Ethereum network’s security.

Chainlink recently announced a major ecosystem update after seeing a significant surge in trading volume. The company has revealed plans to extend its core services, including CCIP, CRE, Data Streams, and Data Feeds, to a range of new blockchain networks. According to the official statement on May 22, this move aims to drive broader global adoption and make Chainlink’s services accessible across multiple blockchains.

Extensive network integrations achievedChainlink, which has become known in the blockchain space for its focus on tokenization and multi-chain protocols, continues to strengthen its presence with robust infrastructure. The rollout of the Cross-Chain Interoperability Protocol (CCIP) on networks like Creditcoin, Neo X, and Tempo now allows other blockchains to access Chainlink’s services with ease.

This enhancement paves the way for more flexible use of tokenized assets, decentralized applications, and inter-network liquidity. By integrating seamlessly with different blockchain protocols, Chainlink is no longer confined to its own network, but offers secure and interoperable connections for a broader range of platforms.

Glossary: CCIP (Cross-Chain Interoperability Protocol) is a technical protocol that enables direct data and value transfers between different blockchain networks, ensuring that applications and assets on separate chains can communicate securely.

Strategic moves with Ink and Robinhood ChainA key part of this ecosystem expansion revolves around Chainlink’s collaboration with Ink. By integrating CRE and Data Feeds into the Ink network, Chainlink has enabled the platform, which includes decentralized finance applications, to access secure off-chain data and oracle infrastructure. Ink’s adoption of these two Chainlink services broadens both data streaming and oracle-based application capabilities.

In addition, Chainlink has migrated data streams to Robinhood’s blockchain-focused test network. This collaboration, centered on delivering low-latency and real-time data solutions, has sparked interest in institutional-grade trading applications built on blockchain.

Chainlink’s official announcement emphasized: “By integrating our data streams with the Robinhood Chain testnet, we’re providing scalable, low-latency data to both investor communities and institutional users.”

Moving data streams to Robinhood Chain’s testnet further demonstrated Chainlink’s capacity to deliver fast and reliable market data to blockchain-based systems, reinforcing its leading role in real-time information transfer.

Five new integrations spotlight growth potentialWith its latest developments, Chainlink has integrated a total of five new blockchain networks into its data and solution infrastructure. This advancement strengthens its position both in tokenized asset markets and multi-chain management. The new integrations are expected to bolster secure data flow within decentralized applications.

Chainlink’s ongoing expansion, driven by these connections, facilitates easier data and liquidity transfer across different networks. Such interoperability could help accelerate the broader growth of the blockchain ecosystem.

Chainlink Integration NetworksServices OfferedCreditcoinCCIPNeo XCCIPTempoCCIPInkCRE, Data FeedsRobinhood Chain (Testnet)Data StreamsWith these new integrations, Chainlink aims to accelerate adoption by providing secure data and effective communication infrastructure across multiple, specialized networks.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

A critical bug in the SuperRare staking contract allowed an attacker to drain $730,000 in RARE tokens.

Summary

SuperRare lost $730,000 to a hack. Attackers targeted its staking contract. Critical bug enabled anyone to take ownership. Crypto hacks continue to plague crypto protocols. On Monday, July 28, a critical vulnerability on the NFT platform SuperRare (RARE) enabled attackers to steal an estimated $730,000 in RARE tokens. According to several crypto security platforms, including Blockaid, the attackers targeted one of SuperRare’s staking contracts.

https://twitter.com/blockaid_/status/1949757641720242494

In particular, attackers targeted the RareStakingV1 staking contract, which suffered from a critical vulnerability in its code. Subsequent analysts showed that the RareStakingV1 contract had a bug that enabled anyone to pass the verification and take over the contract.

X post by Raz Niv, co-founder and CTO of Blockaid, explaining the SuperRare hack | Source: X After the attackers managed to take control of the smart contract, they transferred the assets to their wallets. Still, blockchain security experts stressed that the attack only the staking contract, with the NFT marketplace and the RARE token remaining unaffected.

SuperRare token dips 6% after the hack Following the hack, the SuperRare token dipped 6%, from its daily high of $0.0617 to $0.05815. Still, the token remains above its weekly lows and is still up 13% from the month prior. This is likely due to the fact that the vulnerability affected only a small fraction of the assets on the marketplace.

Currently, RARE has a market cap of $48.01 million. According to DappRadar, the SuperRare marketplace has a lifetime volume of $249.71 million, with 6,120 individual traders. Still, volumes in the NFT marketplace took a significant dip in recent years. Over the past 30 days, the platform registered just $2,120 in sales, with the average sale falling under $450.

Crypto game Aavegotchi is set to migrate from one Ethereum scaling network to another following a successful community vote—and in the process, another gaming-centric network is set to bite the dust.

On Tuesday, a DAO vote for Aavegotchi to migrate from Ethereum sidechain network Polygon to Coinbase's Base layer-2 network reached quorum. The proposal, written by Aavegotchi developer Pixelcraft Studios, suggested that the game "perform a full, 'all-in, no-looking-back' migration to Base."

Aavegotchi is one of the longest-running projects in the crypto gaming space, with the play-to-earn virtual pet game first announced in 2020. The game's GHST token launched later that year, and character NFTs dropped in early 2021.

But the crypto gaming space has changed dramatically in the five years since, with play-to-earn gaming experiencing a massive surge and crash in 2021 and 2022 centered around Axie Infinity, while a resurgence in crypto gaming sentiment last year has led to cratering token valuations in recent months amid market shifts.

Aavegotchi attempted to pivot last year with the launch of its own layer-3 gaming chain called Geist, which would be powered in part by technology from both Arbitrum and Base. The network launched with a "member's only" model that would require fees, but would then reward players as a result.

But now Geist will be "sunsetted" as a result of the vote, and according to Aavegotchi founder CoderDan, the move was prompted in part by what he saw as a lack of gaming traction on Polygon, as well as stagnant or declining DeFi activity. He added that spinning up another layer-3 chain was unlikely to benefit Aavegotchi at this time.

"Although Geist is a good idea in theory for the Aavegotchi ecosystem," he wrote, "the benefits of migrating to our own L3 in this current environment are outweighed by the downsides—namely isolation, onboarding friction, and costs of running our own chain, including developer tools, in addition to the rollup itself."

According to the proposal, the migration is expected to take 4-6 weeks, due to preparation work that had already been done for the Geist launch. All existing NFT assets will be cloned and re-minted on Base, with the original Polygon assets "frozen and not usable" as the new versions take over.

Aavegotchi's GHST token is down 4% on the day and 28% on the week, currently priced at $0.438 per data from CoinGecko. The downswing comes amid a highly volatile market of late—one that has not been kind to the vast majority of gaming tokens.

Numerous gaming chains launched in 2024, but already a few have folded. The makers of the Minecraft-like Hytopia revealed plans in February to shutter their Hychain network, while Treasure aims to "retire" its Treasure Chain following a recent team downsizing and budget crisis. Xterio Chain is also shutting down, with all assets being migrated to BNB Chain.

But the trend hasn't completely subsided. Earlier Tuesday, iCandy Interactive and ZKsync builder Matter Labs debuted ZKcandy, their new Ethereum scaling network focused on mobile gaming.

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Ethereum and BNB chain bridge Router Protocol just closed an oversubscribed funding round to extend the bridge to more networks.

Router Protocol, a modular cross-chain framework for building interoperable applications. By connecting different blockchain ecosystems, bridges play a crucial role in creating a more cohesive and streamlined network.

It was launched in 2022 on the Polygon and BSC chains with the objective of making life easier for future Web3 users.

Router Protocol said in a press release that it has recently raised more than expected funds for further development—but didn't disclose exactly how much. The investment realized from this raise will be used to fuel its own fully operational layer 1 blockchain, thus breaking away from the Binance and Polygon ecosystem.

“Router Chain embodies the evolution of our unwavering vision to build the universal interconnectivity layer between fragmented L1/L2 networks,” Ramani Ramachandran, CEO of Router Protocol, said in a press release.

The goal, he added, is to do away with complexity.

The team is “laser-focused on delivering seamless and intuitive user and developer experience for multi-chain applications,” he added.

According to Shubham Singh, the CTO of Router Protocol, the ecosystem has experienced tremendous growth with cross-chain projects like FolioX and StakeEase, which have decided to take advantage of the Protocol’s unique characteristics to make a name for themselves.

In another development, Router Protocol has achieved a significant milestone with the successful launch of Router Nitro. This cross-chain bridge leverages an innovative reverse-verification method to deliver speed and gas efficiency.

Since its launch, the Nitro bridge has facilitated over $350 million in volume, processed more than 650,000 transactions, and attracted nearly 300,000 unique users within four months.

This underscores the growing demand for seamless cross-chain interactions.

The Protocol will soon launch an Ecosystem Grant for projects with future prospects that build on the Router Chain.

Edited by Stacy Elliott.

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Aergo protocol stirred up a buzz across the broader crypto industry on Tuesday as its native token AERGO price skyrocketed nearly 25% on an important update from Binance. The leading crypto exchange announced perpetual contract launch for the token, stirring investor enthusiasm across the market. Crypto enthusiasts continue to speculate whether the listing could spark an uptrend for the token ahead.

Binance Launches AERGO Futures Listing As per an official Binance announcement dated September 10, the crypto exchange revealed that it is launching futures trading for AERGO USD-Margined perpetual contract (AERGOUSDT) starting today at 12:15 UTC. Traders on the platform can enjoy up to 75x leverage trading the digital asset.

This decision by the crypto exchange comes as a mover to “expand the list of trading choices offered and enhance users’ trading experience” on the platform. The underlying asset remains Aergo protocol.

It’s worth noting that the capped funding rate set by the exchange was at +2.00% / -2.00%. However, the CEX also clarified that it may adjust the specifications of the listing contract based on market conditions. This includes changes in the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.

Meanwhile, the protocol’s community on X recently revealed that it is readying a V4 update to enhance network compatibility and fix minor issues on the protocol’s ecosystem. With 95% of the work for this V4 update is completed, the testnet launch remains poised for mid-September. Also, the mainnet hard fork is set to go live by the end of September. These developments, altogether, have garnered significant investor attention on the AERGO token amid its price upswing.

Token Price Surges 25% AERGO price soared nearly 25% from its 24-hour low to trade at $0.1054 at press time. The coin’s intraday low and high were $0.08566 and $0.111, respectively. AERGO’s 24-hour trading volume surged by a whopping 1951.48% today, sparking a buzz among market participants. This price upswing primarily aligns with the top crypto exchange‘s futures listing announcement weighing in.

As seen previously, Binance futures listing for Rocket Pool (RPL) sparked a phenomenal price uptick for the Ethereum liquid staking protocol, CoinGape Media reported. Similarly, the AERGO price upswing witnessed today aligns with the exchange’s listing announcement, with the V4 upgrade adding to optimism on future movements. Notably, since September 10, the coin has noted nearly 13% gains in its value, cementing optimism among market participants.

Table of contents

World Mobile Token ($WMT) has partnered with Fireblocks, an enterprise-grade digital asset management solution. This collaboration seeks to increase security on one of the WMT Migration Portal platforms, which started on September 30th, 2024.

🤝 We're delighted to announce our collaboration with @FireblocksHQ to bolster the security of the recently released Migration Portal.

🔐 Fireblocks' enterprise-grade platform is integral to providing a seamless and protected token migration process for our valued WMT holders.… pic.twitter.com/eNMxEBjqIS

— World Mobile Chain (@wmchain) October 4, 2024 The platform will make token migration safe and efficient so that token holders can shift from the Cardano-based WMT to the preferred ERC-20 WMTx token. This partnership plans to launch the token across the Ethereum, Base, and BNB Chains. WMT disclosed this strategic partnership to the crypto community through an X post.

Fireblocks Infrastructure Enhances Security Fireblocks ensure that WMT holders experience a seamless token migration. By leveraging Fireblocks’ advanced platform, World Mobile Token reinforces its commitment to providing users with a safe and efficient process for moving their assets.

According to Zachary Vann, Head of Token at World Mobile Token, the integration of Fireblocks signifies their dedication to ensuring the security and reliability of the migration process. Vann emphasized that the partnership allows token holders to migrate confidently, knowing their assets are protected throughout the process.

World Mobile Token’s Migration Portal Offers Flexibility World Mobile Token’s Migration Portal includes a bridge to Cardano, offering holders additional flexibility. This feature allows users to upgrade to the ERC-20 WMTx token while maintaining connections to the Cardano network. The expansion to multiple blockchains signals a significant milestone for WMT as it continues its mission to provide global connectivity through its decentralized mobile network.

Stephen Richardson, Managing Director of Financial Markets at Fireblocks, stated that the collaboration aligns with Fireblocks’ goal of delivering top-tier security for digital asset management. He added that Fireblocks is proud to support World Mobile Token’s expansion efforts and facilitate a secure migration for WMT holders.

The migration portal opening marks an essential phase in WMT’s expansion, underscoring the company’s dedication to security and user experience. The collaboration with Fireblocks ensures token holders can migrate their assets securely while supporting WMT’s growing ecosystem. This partnership highlights WMT’s commitment to setting a new standard for token migration, focusing on security and accessibility for its users.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

11.03.2024 - 11:26

Update: 11.03.2024 - 11:26

Telegram Bot project Unibot announced in its post on its X account today that it has decided to part ways with the team that founded Unibot in Solana.

It was stated that the reasons behind this decision were that Solana launched a Blast bot named 'evm_unibot' without permission and that the Solana team could not fulfill its commitment to Unibot.

Unibot also said in its statement that they will develop their own proprietary Solana robot.

“We are reaching out to share an important update on our collaboration with the team that built Unibot at Solana.

After careful consideration and feedback from our partner organizations, the Unibot core team has decided to part ways with the team that founded Unibot at Solana.

This decision is driven by security concerns, prompting us to move to in-house development of Unibot and running it on Solana using our secure server infrastructure.

The main reasons for the termination of our partnership are summarized below:

1. A breach of trust occurred because the Solana group launched the Blast bot named “evm_unibot” without prior permission and authorization from us. Users reported that they were unable to withdraw money.

2. KYC rejection

3. Despite multiple attempts to collect fees, the Solana group has failed to honor commitments made to the Unibot core team and has raised concerns about receipt of promised fees to Unibot Owners.”

After this news, UNIBOT price dropped by 40%.

*This is not investment advice.

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Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. 

According to CoinGecko’s price data, sUSD has dropped to $0.7924 as of Apr. 17, down more than 8% in the past 24 hours. Its market cap has fallen from $30 million at the beginning of April to $25 million as of press time. Due to the ongoing depeg, market activity has increased, as shown by the 320% rise in 24-hour trading volume to $794,081.

sUSD is a synthetic asset issued on the Synthetix (SNX) protocol, backed by its native token SNX and designed to track the price of the U.S. dollar using Chainlink (LINK) oracles. However recent protocol changes have disrupted that stability.

The ongoing depeg started in March and deepened following the implementation of Synthetix Improvement Proposal 420, which aims to increase capital efficiency. SIP-420  introduced a protocol-owned staking pool, also known as the “420 Pool.” This new structure allows SNX holders to delegate their stake to a shared pool rather than manage their own debt positions.

SIP-420 also slashed the required collateralization ratio from 500% to 200%, making it easier to mint sUSD. This change has led to a sharp increase in sUSD supply without a corresponding increase in demand. Now, with some Curve (CRV) pools showing over 90% sUSD, the oversupply has caused the price to fall further.

The Synthetix team has acknowledged the issue, calling it a “transition period.” In a Discord statement, the team said it plans to enhance Curve pool incentives, extend the Infinex deposit campaign, and introduce new use cases like Snaxchain to absorb excess sUSD.

Still, DeFi analysts remain skeptical. “I don’t see who would want to underwrite the risk of holding $sUSD,” said one analyst in a post on X, pointing to the lack of a clear repeg strategy backed by treasury capital.

Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg. The “sUSD 420 Pool,” 

Announced by founder Kain Warwick on X, the pool will reward participants with 5 million SNX tokens over 12 months in an attempt to curb the effects of the ongoing depeg.

sUSD dropped to $0.8224 as of April 18, up over 7% in 24 hours, according to CoinGecko. It was trading as low as $0.63. 

The decline has been linked to recent protocol changes under Synthetix Improvement Proposal 420, which introduced a protocol-owned staking pool and lowered the collateralization ratio for minting sUSD from 500% to 200%.

https://twitter.com/synthetix_io/status/1913194630755320053

This change has caused a significant increase in sUSD supply, outpacing demand and leading to imbalances in decentralized exchange pools like Curve, where sUSD now makes up over 90% of some liquidity pairs.

Locked and staked SNX  The new 420 Pool requires SNX stakers to lock their sUSD for a year to earn daily SNX rewards. Those rewards will also be locked and vest over three months after the campaign ends. 

While official front-end support for the program launches next week, early access is available via Synthetix’s Discord.

Synthetix has called the current phase a “transition period” and plans to support sUSD through additional incentives and new use cases, including the upcoming Snaxchain initiative.

Binance will delist DEGO, DENT, and TRU.

PA一线

PANews reported on April 17 that Binance will delist the Dego Finance ( DEGO ), DENT , and TrueFi ( TRU ) spot trading pairs at 11:00 (UTC +8) on April 28 , 2026 , and terminate related trading bots, instant swaps, and small-amount asset exchanges.

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Source: Binance EN

This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics. When we conduct these reviews, we consider a variety of factors. Below are the updated metrics we look at that influence whether we decide to delist a digital asset: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksLevel of public communication, community engagement, and transparencyResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceNew regulatory requirementsMaterial/unjustified increase in token supply or changes to tokenomicsImpact from changes to the project’s ownership structure or to the core team membersCommunity sentiments Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2026-04-01 03:00 (UTC): Arena-Z (A2Z)Ampleforth Governance Token (FORTH)Hooked Protocol (HOOK)IDEX (IDEX)Loopring (LRC)Neutron (NTRN)Radiant Capital (RDNT)Solar (SXP) Please note: The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Spot The spot trading pair(s) of the aforementioned token(s) will be removed.All trade orders will be automatically removed after trading ceases in each respective trading pair. Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2026-04-01 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses. Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2026-03-25 03:00 (UTC) - After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to Binance Spot Copy Trading delisting time to avoid potential losses. Accounts The token's valuation will no longer be displayed in users’ accounts after delisting. To view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all of their accounts.Deposits of these token(s) will not be credited to users’ accounts after 2026-04-02 03:00 (UTC). Withdrawals of these token(s) from Binance will not be supported after 2026-06-01 03:00 (UTC). Delisted tokens may be converted into stablecoins on behalf of users after 2026-06-02 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion. In situations where token conversion is not feasible, Binance will keep withdrawals open, subject to network availability. Futures Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned token(s) at 2026-03-24 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the contracts of the aforementioned token(s) starting from 2026-03-24 08:30 (UTC). In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the contracts of the aforementioned token(s) without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. Funding Rate Arbitrage Bot At 2026-03-24 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the symbols of the aforementioned token(s). The pairs will no longer be available for opening new arbitrage strategies upon delisting. Simple Earn Binance Simple Earn will delist the token(s) mentioned above after 2026-03-25 07:00 (UTC). Users may choose to redeem their Flexible and Locked Products positions beforehand. Otherwise, these Flexible and Locked Products positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Accounts, together with any accrued rewards. Dual Investment Binance Dual Investment will cease support for the aforementioned token(s), and users will not be able to subscribe to these products starting from the subsequent Friday at 08:00 (UTC). Unsettled subscriptions will be refunded on the subsequent Friday at 08:00 (UTC). The asset, including rewards, will be distributed to users’ Spot Accounts within 4 hours. The rewards will be calculated based on the actual subscription period. Mining Pool Binance Pool will cease support for mining the token(s) mentioned above at 2026-03-24 3:00 (UTC). Your final payment will be settled on the following day. We strongly advise all users to stop mining the token(s) before Binance Pool ceases mining support for the token(s) to avoid any potential losses. Loan At 2026-03-24 07:00 (UTC) VIP Loan and Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-03-24 10:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Margin Accounts, less any collateral already available.At 2026-03-19 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining token(s) in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining token(s) in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred.Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before the Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant Futures announcements. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. Convert Binance Convert will subsequently delist the aforementioned token(s) and all associated pair(s) at 2026-04-01 02:00 (UTC)Convert Low-Value Assets will delist the token(s) mentioned above at 2026-03-31 02:00 (UTC). Users may choose to convert the low-value assets beforehand. Buy & Sell Binance Buy & Sell Crypto will delist the aforementioned token(s) and all associated pair(s) at 2026-03-19 03:00 (UTC). Gift Card Binance Gift Card will delist the token(s) mentioned above at 2026-04-01 03:00 (UTC). Users are encouraged to manage Gift Cards containing these token(s) in advance to avoid any inconveniences. Pay Binance Pay will delist the aforementioned token(s) at 2026-03-24 03:00 (UTC). We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-03-18

Zignaly, the premiere platform for connecting users with top digital asset managers, has announced that its founders have made the strategic decision to extend the lock-up on their $ZIG tokens until January 2026, a year later than originally planned.

This decision underscores their unwavering commitment to ZIGChain, the Layer-1 blockchain designed to democratize wealth generation, making investment opportunities accessible to everyone.

“By extending the lock-up on our $ZIG tokens, we emphasize our commitment to the community and the mission of ZIGChain,”

said Bartolome R. Bordallo, Co-Founder and CEO of Zignaly.

“This decision is about fostering equal investment opportunities and ensuring long-term sustainability for all stakeholders. Together, we are building a more inclusive financial future that benefits everyone.”

ZIGChain, Zignaly’s Layer 1 blockchain, represents the next evolution in democratizing wealth-generation opportunities. By offering an infrastructure for developers to build decentralized wealth-generation protocols and fund managers to deploy advanced strategies, ZIGChain is disrupting the way institutions and retail investors can invest. The Blockchain’s $100M Ecosystem Fund, supported by DWFLabs and UDHC Finance, aims to drive further innovation within the WEB3 space.

The choice to maintain the lock-up also aligns with the company’s focus on creating equal financial opportunities for all participants within the ZIGChain ecosystem, ensuring that the project’s core values remain intact. It also significantly changes the company’s tokenomics, leading to lower supply in the market as founder tokens remain locked.

This extension excludes the founders’ donation of 100 million $ZIG tokens to the ZIGChain Foundation. Starting January 2025, these tokens will continue to vest over a 30-month period, following a linear release schedule. The vesting plan aims to empower the ZIGChain ecosy

Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]

Table of contents

ZIGChain celebrated a major milestone today, flipping the switch on its mainnet beta and officially entering what the team calls “Genesis Day.” After weeks of rigorous testing—and plenty of late nights for developers—the blockchain is now live, ready to power everything from decentralized exchanges to real-world asset tokenization. If you’ve ever tried to navigate traditional finance or shoehorn it into a blockchain context, you know how messy it can get.

Abdul Rafay Gadit, ZIGChain’s co-founder, said, “Accessing reliable and transparent investment infrastructure has historically been difficult, not just for retail users, but even for experienced managers. With ZIGChain, we’re taking a meaningful step toward changing that by focusing deeply on real-world assets as the foundation for long-term, scalable wealth generation. We aim to equip developers with the tools they need to start building programmable protocols designed to align with applicable law  that bridge traditional assets with blockchain technology.”

From Vision to Reality Behind the scenes, there’s serious firepower: a $100 million ecosystem fund fueled by DWF Labs, UDHC Finance, and Disrupt.com, plus the pedigree of Zignaly—the social investment platform that already connects over 600,000 users with more than 150 fund managers. Those users, Gadit points out, helped shape ZIGChain’s core features, like native staking, cross-chain bridges, and an institutional-grade validator network.

Co-founder and CEO Bart Bordallo sums it up: “This mainnet beta launch represents a shift from vision to foundation. We’ve built a high-performance, interoperable architecture that can handle the complex requirements of DeFi, RWA tokenization, and automated investment protocols at scale. The infrastructure includes our validator network, cross-chain bridge capabilities, and native staking mechanisms – all designed for institutional-grade security and compliance. We’re excited to see developers leverage these technical foundations to build the next generation of financial applications.”

Over the next few weeks, you’ll see ZIGChain roll out its Hub for staking and validation, connect its bridges for seamless $ZIG migration, and fire up its full validator roster. Even before the dust has settled, a handful of eye-catching projects are gearing up to go live:

Oroswap, a DEX you can literally chat with—thanks to its AI-driven conversational interface.
Valdora Finance, offering liquid staking natively on ZIGChain, so you can earn rewards without locking your tokens away forever.
Permapod, a lending protocol that accepts tokenized real-world assets as collateral—think art, property, or even specialty equipment.
Nawa Finance, designed from the ground up to meet Shariah-compliance standards for users seeking ethical DeFi. These projects aren’t just shiny demos; they’re the first wave of builders betting their reputations on ZIGChain’s promise: a legal-ready, high-performance Layer 1 that plays nicely with existing regulations and institutional demands.

Back in April, at the ZIGChain Summit in Dubai, the team also unveiled Zamanat—the world’s first Shariah-compliant real-world asset tokenization platform—and launched a $25 million DeFAI Innovation Fund. That event highlighted the chain’s dual focus on ethical finance and on-chain programmability, setting the tone for an ecosystem that welcomes everyone, regardless of income, tech skills, or location.

Today’s launch isn’t the finish line, but it’s a big first lap. As more applications go live and the network fills with real assets, ZIGChain hopes to prove that decentralized wealth generation can be both powerful and inclusive. If you’re curious to see what comes next, keep an eye on their GitHub—and maybe clear your calendar for a few late-night coding sessions.

AUTHOR

Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.

London, 10th July, 2025 – Leading enterprise blockchain platform, VeChain, announces the launch of its first-ever cross-chain bridge with Wanchain, the industry’s longest-running decentralised interoperability solution. The bridge connects the VeChain ecosystem with over 40 major blockchains.

VeChain is an enterprise blockchain platform that ranks among the top 50 most valuable chains, with a market cap exceeding $1.8 billion and has initiated significant changes in 2025. With VeChainThor as its Layer 1 blockchain, VeChain is creating a new DeFi ecosystem utilizing its tokens, VET, VTHO, and B3TR.

VeChain has also formed a partnership with Visa to introduce the Stella Pay card, allowing users to spend their tokens at any point of sale. The company has achieved MiCAR compliance to operate in Europe and launched a new staking platform with over $84 million in assets, following SEC guidelines. All these moves are aimed at achieving greater adoption while complying with the regulations of each region.

Powered by its partnership with Wanchain, VeChain plans to enhance its DeFi capabilities by enabling interoperability across various chains and increasing liquidity within its ecosystem. The Wanchain Bridge is estimated to compete in volume with the top 10 most-used bridges, according to DefiLlama.

Commenting on the cross-chain bridge launch, Sunny Lu, CEO of VeChain, said:

“Thanks to the Wanchain Bridge integration, VeChain is breaking down the barriers of blockchain isolation, connecting VeChainThor to 40 major chains like Ethereum, Bitcoin, and Solana.

“This milestone unlocks unprecedented liquidity and DeFi opportunities for $VET, $VTHO, $B3TR, and beyond, enabling enterprises and users to engage seamlessly in a truly interconnected Web3 ecosystem. We are not just bridging chains, we are building the future of global tokenized adoption.”

With the support of Wanchain’s cross-chain interoperability solutions, VeChain integrates with the most prominent DeFi applications, including swaps, lending, staking, liquidity pools, and more, from 40 different chains. All the DeFi apps currently have a total value locked (TVL) of more than $116 billion and are now connected to VeChain thanks to the Wanchain Bridge.

Wanchain is a platform of interchain bridges that powers interoperability by connecting over 40 major networks, including Bitcoin, Ethereum, and now VeChain. Its secure, non-custodial bridges, built with Secure Multiparty Computation and Shamir’s Secret Sharing cryptography, enable seamless asset transfers for DeFi and Web3 ecosystems. It boasts an industry-leading security track record, with zero exploits reported since its launch in 2017. Wanchain has processed hundreds of thousands of transactions and billions in cross-chain volume to date.

Commenting on the VeChain integration, Temujin Louie, CEO of Wanchain, said:

“Partnering with VeChain to launch their first-ever cross-chain bridge is a game-changer for blockchain interoperability. This integration connects VeChainThor to the most used chains, unlocking seamless asset transfers and fueling DeFi innovation.

We’re thrilled to empower VeChain’s ecosystem with Wanchain’s secure, battle-tested infrastructure, driving real-world adoption and creating new opportunities for users and enterprises alike.”

These integrations mark a milestone for VeChain, solidifying its position as a leading enterprise blockchain platform committed to regulatory compliance and seeking widespread adoption.

With Wanchain’s secure and robust cross-chain technology, VeChain is poised to unlock new opportunities in the DeFi industry, fostering a more interconnected and accessible blockchain ecosystem.

About Wanchain

Wanchain is a global leader in decentralised blockchain interoperability and creator of the blockchain industry’s first decentralised cross-chain bridge. Since its founding in 2017, Wanchain has remained committed to driving blockchain adoption by establishing a unified decentralised network of blockchains built on industry-wide standards and specifications. Wanchain’s cross-chain infrastructure, renowned for its engineering rigor and industry-best uptime, empowers developers to build truly decentralised cross-chain applications to power the future of Web3. Today, this decentralised infrastructure supports countless products across dozens of EVM and non-EVM networks.

For more information, visit wanchain.org.

About VeChain

VeChain is a leading blockchain Foundation for enterprise applications. VeBetterDAO, VeChain’s new sustainability app platform, is unleashing a revolution for how society drives action on sustainability, from end-users to enterprise to institutions.

For more information, please visit: https://vechain.org.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]

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The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto exchanges. However, FET is facing some pressure following its rebranding and supply update.

ASI Token Merger Phase 1 Begins On July 1, the ASI alliance and Fetch.AI (FET) announced the multi-token merger to unify OCEAN, AGIX, and FET. As part of phase 1, withdrawals and deposits with OCEAN and AGIX would close in preparation for the migration to FET.

Additionally, the delisting process from crypto exchanges would begin for the two tokens. Meanwhile, FET would continue to trade as usual, with spot and perpetual trading continuing under the same tricker.

The initial phase of the merger aims to “onboard exchanges and data aggregators for a smooth transition.” Fetch.AI saw a rebrand across platforms. The project took the Artificial Superintelligence Alliance name and logo but kept its ticker.

Moreover, the ASI alliance opened a migration platform on the SingularityDAO dApp to help users migrate their tokens. Some crypto exchanges, including Kraken and Coinbase, revealed they would not support customers on the ASI token merger.

Kraken announced that the trading of OCEAN and FET will continue to be supported on the platform until further notice. The exchange also noted that users must withdraw their tokens to a self-custodial wallet to migrate them.

Similarly, Coinbase informed its users that it chose to “not execute the migration of these assets on behalf of users.” Both exchanges also clarified they would not support the eventual migration from FET to ASI.

FET Retraces Following Rebrand After updating the token’s name, supply, and market capitalization, FET flipped Render (RNDR) in the AI tokens sector. According to CoinMarketCap data, the token is now the 27th largest cryptocurrency by market cap, with $3.38 billion.

Following the rebrand, FET’s price dropped similarly to when the token merger delay news was released. At the time, the merging tokens saw an 8-10% price decline following the rescheduling of the merger. The delay was attributed to logistical and technical issues.

FET fell from the $1.4 support zone on Monday to $1.27, a 9.7% drop in 12 hours. However, the AI token has recovered the $1.3 mark, currently trading at $1.33, representing a 3.6% decline in the last 24 hours.

Some market watchers found this performance disappointing. Some investors believe it might be best not to get involved until the merger is completed. Sjuul Follings, crypto trader and founder of Alt Crypto Games expressed his disappointment with the token’s recent fakeout.

Per the trader, he was optimistic about the late June price action, believing the token was about to break out and expand ahead of the ASI alliance. Nonetheless, FET could not reclaim the $1.8 support zone and retraced to the $1.4 support level over the weekend.

Despite the bearish trend, investors remain optimistic about the token’s future as the merger’s phase 1 is only starting. Some investors forecast a short-term price target of $5 for ASI and a long-term goal of $13.

FET is trading at $1.33 in the weekly chart. Source: FETUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com

Singapore, April 8, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, has announced the listing of WINkLink (WIN) for spot trading, with new WIN/USD and WIN/EUR trading pairs. WINkLink is the first comprehensive oracle of the TRON ecosystem. The listing comes alongside the launch of the Reef Program, an airdrop campaign of $90,000 in WIN tokens.

WINkLink, launched in 2019, is the first decentralized oracle platform in the TRON ecosystem, providing secure and efficient off-chain data services for smart contracts. WINkLink connects data between TRON’s blockchain and centralized systems, supporting decentralized finance (DeFi) and decentralized applications (DApps). As the governance token, WIN (TRC-20) drives the WINkLink ecosystem, enabling holders to participate in governance and earn rewards. As of April 2025, WIN’s market cap is approximately $43 million, with listings on major exchanges like KuCoin and OKX.

WINkLink has grown significantly since its launch reaching several milestones:

August 2019: WINkLink was introduced as TRON’s first decentralized oracle project, aiming to bridge smart contracts with real-world data.

April 2021: The WINk team completed the acquisition of JustLink.io, establishing WINkLink as the first comprehensive oracle in the TRON ecosystem.

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2022: WINkLink joined TRON’s BitTorrent Chain (BTTC) cross-chain ecosystem, enhancing interoperability with Ethereum and BNB Chain.

2023: Established a network of decentralized nodes, improving data reliability and security.

October 2024: Launched Automation and Any API Beta, streamlining DApp development and improving on-chain operational efficiency.

January 2025: Any API Data Feeds goes live, enhancing data transmission security with multi-layer encryption.

The listing of WINkLink (WIN) on Kraken marks a key milestone in the token’s global expansion, with its exposure and access to institutional and retail investors across North America, Europe and Asia-Pacific. Having WIN/USD and WIN/EUR trading pairs now available, it gives the opportunity for direct entry into major fiat markets.

Aimed at boosting the engagement and attracting a wide audience to the WINkLink ecosystem, an airdrop of $90,000 worth of WIN tokens through the Reef Program will be launched simultaneously. This listing on kraken is expected to drive new growth momentum for WINkLink, particularly with innovative features like Any API Data – Feeds. Fueling development and adoption of the TRON ecosystem following the listings of APENFT, JST, SUN and STEEM on Kraken.

About WINkLink

As the first comprehensive oracle on the TRON blockchain, WINkLink fully integrates the real world with the blockchain space, provides reliable and verifiable random numbers, and fully restores trust and improves user experience by tapping into data, events, and payment systems from the real world. WIN, a TRON-based TRC-20 token, is the governance token of the WINkLink oracle network, and has been listed on Binance, OKX, KuCoin, Poloniex, Bitget, and many other well-known international exchanges.

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Zcash has completed a two-phase emergency network upgrade to fix a critical vulnerability in its Orchard shielded pool — a flaw that sat undetected for four years, could theoretically have allowed unlimited undetectable counterfeit ZEC creation, and triggered a 50% price collapse before the network’s swift response began restoring confidence and driving a recovery in ZEC’s price.

Josh Swihart, CEO of Electric Coin Company — the primary developer of Zcash — posted on X on June 7 confirming the fix was complete and the network secure, as ZEC began its recovery from the lows reached after the vulnerability’s disclosure.

The post arrived at a critical moment for the asset: ZEC had crashed approximately 50% from a June 4 peak of $624 to $309 on June 5, wiping more than $3 billion from its market capitalization, per the BitMEX Blog’s documented timeline of the incident.

ZEC's price trends to the upside over the past 48 hours, as seen on the daily chart. Source: ZECUSD on Tradingview How The Zcash Bug Was Found — And What It Was The vulnerability was discovered on May 29, 2026 by security researcher Taylor Hornby during a protocol audit commissioned by Shielded Labs. Hornby identified a “soundness” flaw in Zcash’s Orchard zero-knowledge proof circuit — specifically an under-constrained element in the Orchard Action circuit that could allow invalid state transitions, creating a theoretical double-spending risk within the shielded pool.

The discovery was made using Anthropic’s Claude Opus 4.8 AI model alongside a custom analysis suite, per Shielded Labs’ official disclosure. Hornby and the AI developed a working proof-of-concept that successfully generated unlimited, completely undetectable counterfeit ZEC in a local test environment — described by one independent analyst as “about the worst kind of bug a cryptocurrency can have,” per Yahoo Finance’s reporting of the disclosure.

Critically, the flaw did not permit inflation of the total ZEC supply on the live network. Zcash’s internal turnstile accounting mechanism — which tracks the total value moving into and out of the shielded pool — confirmed no unauthorized value creation occurred while the flaw was active, per Shielded Labs’ official statement.

However, the organization acknowledged directly that due to the privacy properties of Orchard and the nature of the bug, there is no definitive cryptographic way to determine whether exploitation occurred — a limitation inherent to the shielded pool’s design that became its own source of market concern. The vulnerability had been present since Orchard’s activation in May 2022 — four years — without detection.

The Emergency Response Zcash’s development ecosystem responded with unusual speed. The first phase was an emergency soft fork deployed through Zebra 4.5.3, activated at block 3,363,426 on June 2, which temporarily disabled all Orchard transactions to remove the attack path while developers prepared the permanent fix.

Transparent and Sapling transactions continued operating normally throughout, per the Zcash Foundation’s official announcement on X. The second phase arrived on June 3 through the NU6.2 hard fork — activated at block 3,364,600 via Zebra 5.0.0 — which introduced a corrected circuit and a new verifying key, patching the flaw and re-enabling Orchard transactions, per the Foundation.

The market’s initial reaction to the hard fork was positive. ZEC rose from $544 on June 2 to $603 on June 3, continuing to $624 on June 4 — its highest level since the rally began. Then Arthur Hayes publicly disclosed he had exited his entire ZEC position intraday on June 4 — the same day as the peak — citing five macro factors including higher energy prices and upcoming AI IPOs, per his X post covered in prior reporting. The combination of Hayes’ exit and lingering uncertainty about whether exploitation had occurred before the patch sent ZEC to $309 on June 5.

The Recovery And What It Means Swihart’s June 7 X post — reassuring the community that total ZEC supply remained intact throughout and that the network had passed through the emergency without confirmed exploitation — appears to have been the catalyst for the recovery now underway. The swift two-phase response, combined with the Foundation’s transparent disclosure and Swihart’s direct communication, provided the confidence signal the market needed.

This development marks a pivotal and genuinely uncomfortable moment for Zcash’s long-term positioning in the nascent sector. A four-year-old vulnerability in the Orchard pool — the very component that defines ZEC’s core privacy value proposition — has been fixed cleanly and without confirmed exploitation.

But the structural irony that the privacy properties that make Zcash valuable also make it impossible to confirm the vulnerability was never used will remain a question mark the community will need to address as the recovery continues.

As of this writing, ZEC trades at around $430, recovering from its June 5 lows as confidence in the network’s security response gradually rebuilds.

Cover image from Grok, ZECUSD Chart from Tradingview

Unlink is integrating with Euler to bring transaction privacy to institutional lending.

The integration routes capital into Euler vaults through @unlink_xyz’s privacy layer, a smart contract deployed to existing chains supported by Euler.

Institutions will be able to supply, borrow, and manage positions while reducing the public link between their wallet and the vaults they use, the activity they take, and the size of those positions.

Onchain lending is public by defaultPutting capital onchain can expose more than a transaction. It can reveal which vaults a desk supplies into, how much capital sits in each, and how those allocations change over time.

Given an address, an outside observer can infer strategy from public transaction history. Position sizes can signal conviction. Reallocations can show how a desk is changing its view. For institutions managing meaningful size, that visibility can be a reason not to participate.

Unlink reduces that exposure by routing activity through a privacy layer.

Organizations can hold accounts, move tokens, and interact with smart contracts while keeping balances and transaction history out of the normal public transaction path.

With Euler, that model is being applied to onchain lending for the first time.

What this will enableInstitutions will be able to supply to and borrow from Euler vaults without making vault selection public.

Position sizes and rebalancing activity can pass through Unlink’s privacy layer instead of being exposed through the normal public transaction path. The integration uses Unlink’s existing contract-interaction flow, with no new chain and no bridge.

Builders will be able to offer private access to Euler vaults through the Unlink SDK, in either non-custodial or custodial form.

Why EulerEuler’s vault architecture is becoming a natural fit for institutional lending infrastructure because it lets teams create isolated markets with explicit parameters for collateral, pricing, interest rates, and liquidation. Unlink can add privacy around user activity without changing how the market works underneath.

The vault remains a standard Euler vault, with its own rules and risk parameters. Only the visibility of the interaction changes.

The same architecture gives institutions configurable lending markets, isolated vaults, and a privacy layer around market activity.

A model for private onchain creditThe same structure can extend across markets built on Euler vaults. Each vault is an isolated contract with a standard interface, so privacy layers, treasury systems, and institutional front ends can connect to Euler markets without rebuilding the integration for each vault.

Euler provides the lending venue, with vault-level parameters for collateral, pricing, interest rates, and liquidation. Unlink provides the privacy layer, so builders can offer shielded access to onchain credit markets without creating a separate lending stack.

Where institutional lending goes nextOnchain lending gives institutions markets where settlement, collateral rules, oracle choices, interest rates, and liquidation logic can be inspected directly. Market infrastructure can be public and verifiable. Account activity does not need to reveal every allocation decision.

Institutional credit needs that separation. Firms should be able to evaluate the rules of a market without publishing their own strategy every time they allocate, rebalance, borrow, or withdraw.

Euler provides configurable lending markets with clear vault-level rules. Unlink adds transaction privacy around how institutional capital moves into those markets.

Together, they make onchain lending more usable for institutions that need programmable credit markets without making every position part of the public strategy graph.

This article is informational only and is not financial, legal, tax, or investment advice. Euler provides lending infrastructure. Euler does not manage, sponsor, advise, or distribute the underlying assets or funds. Eligibility to access or transfer tokenized assets may be restricted, and DeFi markets involve risks including smart contract, oracle, liquidation, liquidity, collateral asset, stablecoin, regulatory, and total loss risk.

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Bankinter has taken a minority stake in Spanish crypto exchange Bit2Me, joining a $33 million funding round that also included Tether.The investment strengthens Bit2Me's capital structure and supports its regulatory ambitions in Europe and Latin America, as it operates under the EU's new MiCA regulation, the exchange said.The deal marks another example of traditional banks collaborating with crypto firms, with Bit2Me already working with major Spanish financial institutions including BBVA, Unicaja and Cecabank.Spanish banking giant Bankinter has taken a minority stake in crypto exchange Bit2Me, joining a 30 million euro ($33 million) funding round involving Tether in August 2025.

The investment adds another traditional bank to Bit2Me’s growing list of backers, which already includes major local financial institutions including BBVA, Unicaja and Cecabank.

Bit2Me, headquartered in Madrid, is among the first firms registered under the EU’s new Markets in Crypto-Assets (MiCA) regulation, allowing it to operate across the entire European bloc. The company has positioned itself as a business-to-business gateway for banks seeking compliant access to crypto markets.

Bankinter said in a release that the deal is aimed at fostering “technological and knowledge-based synergies,” specifically in areas leveraging distributed ledger technology (DLT).

While exact terms weren’t disclosed, the agreement strengthens Bit2Me’s capital structure and adds weight to its regulatory ambitions in Europe and Latin America.

Over the past 18 months, Bit2Me has quietly embedded itself in traditional finance. It acts as a backend crypto service provider for Turkey’s Garanti BBVA, and jointly launched a custody and trading platform with Cecabank, according to documents shared with CoinDesk.

In a statement, Bit2Me CFO Pablo Casadío framed the Bankinter deal as a sign that banks are choosing collaboration over competition.

“This alliance confirms that the banking sector can leverage our deep industry know-how to enhance its offering. Instead of competing, we are integrating strengths,” Casadío said.

The firm’s ties to traditional financial institutions go deeper, however. In July 2024, Spanish bank Unicaja, through its investment arm Unicaja Ventures, acquired a stake of over 5% in the exchange and secured a seat on its board of directors.

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Unizen, a decentralized finance (defi) protocol, has committed to reimbursing users who lost $750,000 or less at the earliest opportunity, following a significant security breach that resulted in the loss of approximately $2.1 million in user funds.

Blockchain analytics firms PeckShield and SlowMist played crucial roles in identifying and assessing the breach on March 9.

PeckShield first detected an “approve issue” on March 9, leading to the discovery that over $2 million had been siphoned from the platform. SlowMist’s investigation confirmed the total losses amounted to around $2.1 million, noting that the stolen funds were converted from Tether (USDT) to the stablecoin Dai (DAI).

The hacker exploited an external call vulnerability within the Ethereum-based contract, converting the stolen USDT to DAI. The funds remain stationary, with users urged to revoke any approvals associated with the hacker’s address to prevent additional losses. 

In response to the theft, Unizen proactively reached out to the hacker with an on-chain message on March 10, offering a 20% bounty for the return of the remaining stolen assets. The company has also engaged with law enforcement and forensic experts to trace the hacker’s identity. 

Despite the ongoing negotiations for the bounty, Unizen announced on March 11 its plan to begin compensating 99% of the victims immediately, prioritizing a meticulous, individualized approach to the reimbursement process.

Sean Noga, the founder and CEO of Unizen, has provided personal funds to facilitate the reimbursements, ensuring that users who suffered losses below the $750,000 threshold receive their funds back in USDT or USD Coin (USDC). Cases involving losses exceeding $750,000 are to be addressed individually. Furthermore, Unizen has released a video guide to assist users in revoking platform approvals to mitigate further risks.

Martin Granström, Unizen’s Chief Technology Officer, disclosed on social media platform X that sufficient evidence has been gathered for a comprehensive incident report, which will be published in collaboration with external third-party firms. Granström also reiterated the company’s commitment to enhancing its security measures to prevent future incidents.

This incident underscores the urgent need for the DeFi sector to continually reassess and enhance their security measures to protect user assets from complex online attacks. In a recent event last month, Seneca Protocol experienced a severe security compromise, leading to a sharp 65% decline in the price of its SEN token. CertiK reported that the assailant took advantage of a flaw within the protocol, making off with digital assets valued at around $3 million. Furthermore, the offender moved 1,000 ETH between two independent accounts, bringing the total estimated damages to about $6.4 million.

The UwU Lend hacker returns to swipe another $3.7 million.The lending protocol was hacked using a flash loan for $23 million on Monday.UwU Lend users rejoiced on Wednesday after the lending protocol said it was able to fully reimburse victims of its recent $23 million exploit.

But their celebrations were cut short when at 7:46 am London time, the same hacker returned to take another $3.7 million.

That’s despite UwU Lend offering the hacker a 20% bounty — worth $4 million — to return users’ funds from a Monday hack.

According to Yaron Velner, CEO of risk management project B.Protocol, the hacker was able to drain more money from the protocol using its intended functions due to an oversight from its developers.

“The operation today did not entail any manipulation. Just a malicious intent, and erroneous configuration on UwU side,” he told DL News.

It comes after UwU Lend said in a June 12 X post that it had identified and fixed the vulnerability in its sUSDe market that the hacker previously exploited.

“All other markets have been re-reviewed by industry professionals and auditors with no issues or concerns found,” the protocol said.

UwU Lend did not return a request for comment.

UwU Lend began repaying users on Wednesday after the $23 million exploit forced it temporarily offline.

As of 5 am on Thursday, the protocol said it had repaid about $9.7 million stolen in the first hack.

“The protocol will repay all bad debt, as quickly as reasonably possible,” UwU Lend said. “We are happy to announce that no user funds have been lost due to this process.”

UwU Lend’s controversial founder Michael Patryn, better known by his pseudonym 0xSifu, had previously offered to drop any charges if the hacker returned 80% of the stolen crypto, worth about $18 million.

Oracle attackOn Monday, a hacker used a $4 billion flash loan to manipulate the price of certain tokens on UwU Lend, which allowed them to drain the protocol.

A flash loan is a type of DeFi transaction where a user borrows funds from a lending protocol and repays them in the same transaction.

While flash loans are often used by market makers to quickly arbitrage price differences in DeFi markets, they also make possible exploits that require large amounts of capital to perform.

Zircuit co-founder Martin Derka — who co-developed a tool to detect flash loan-based exploits while at crypto security firm Quantstamp — said such exploits were notorious in DeFi.

“These kinds of vulnerabilities are usually very difficult to discover during smart contract audits, because they require in-depth knowledge of multiple protocols — those that one is auditing, and those that are being used as oracles,” he told DL News.

“There are also not enough automated tools that are capable of discovering such vulnerabilities.”

Launched in 2022, UwU Lend is a fork of Aave, the largest DeFi lending protocol with $12.4 billion of deposits.

A fork is where a developer team uses the open-source code from an existing DeFi protocol to launch a similar protocol — often on a different blockchain or with minor changes.

But the changes to Aave’s code allowed the hacker to drain UwU Lend. The protocol used easily manipulated oracles — software that provides it with the prices of various tokens.

UwU Lend’s UWU token is down 15% over the past week, and trades at around $2.70.

Update, June 13: This article was updated to include comments from B.Protocol CEO Yaron Velner that clarify the $3.7 million theft was not caused by a separate exploit. An earlier version misstated the name of the blockchain Martin Derka co-founded; it is Zircuit, not Circuit.

Aleks Gilbert is a DeFi Correspondent at DL News. Got a tip? Email him at [email protected].

Related Topics

UwU Lend suffers a second exploit this week, resulting in a $3.7 million loss. The same exploiter is believed to be responsible.

The UwU Lend protocol, previously targeted in a nearly $20 million hack on June 10, is facing an ongoing cryptocurrency exploit that has so far resulted in the theft of $3.7 million.

This development comes as the protocol has been making efforts to reimburse its users following the $19.3 million June 10 hack.

$3.7 Million Hack Cyvers, an on-chain data analytics platform, was the first to alert UwU Lend about the ongoing exploit. According to its findings, the bad actors behind this latest incident appear to be the same as those responsible for the earlier $19.3 million heist.

ALERT@UwU_Lend has suffered another security breach by the same attacker!

Total loss: $3.7M
Affected pools: uDAI, uWETH, uLUSD, uFRAX, uCRVUSD, uUSDT
All stolen assets have been converted to $ETH and are located at the attacker’s address: https://t.co/9TvwLh18P1

To learn… https://t.co/AjcMS1Cdyl

— Cyvers Alerts (@CyversAlerts) June 13, 2024

The stolen funds, sourced from various asset pools, including uDAI, uWETH, uLUSD, uFRAX, uCRVUSD, and uUSDT, have already been converted into Ethereum and transferred to the attacker’s address.

Following the initial breach on June 10, the development team at UwU Lend notified the community that they had implemented immediate measures to mitigate the damage. The protocol was temporarily paused while investigations were conducted into the vulnerabilities exploited by the hackers.

In an update shared on June 12 via a thread on X, the UwU developer team disclosed that they had identified the specific vulnerability related to the sUSDe market oracle and claimed to have resolved it.

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The team has now identified the vulnerability, which was unique to the sUSDe market oracle and has now been . All other markets have been re-reviewed by industry professionals and auditors with no issues or concerns found.

— UwU Lend (@UwU_Lend) June 12, 2024

They added that independent audits of all other markets had been conducted without discovering additional issues, assuring users that all functions would resume promptly and emphasized that no user funds had been permanently lost during the incident.

Reimbursement Efforts Following the incident, UwU initiated reimbursement efforts, informing users that “The protocol will repay all bad debt as quickly as reasonably possible. We will keep users up to date about progress and the next steps.”

In a final update on June 13, the team reported that they had successfully reimbursed a total of $9,715,288 to affected users thus far. The breakdown included specific amounts returned in various cryptocurrencies such as DAI, crvUSD, USDT, and wETH.

Repaid so far:
• 3,522,427 $DAI
• 233,819 $crvUSD
• 4,225,000 $USDT
• 481.36 $wETH ($1,734,042)
Total: $9,715,288

! #FundsAreUwU

— UwU Lend (@UwU_Lend) June 13, 2024

UwU Lend, a fork of the open-source AAVE v2 protocol, offers its users various decentralized finance services such as lending, borrowing, and staking. One of its unique features includes a revenue-sharing token called UwU, which allows users to earn a portion of the platform’s revenues directly.

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Ethereum Glamsterdam Upgrade Moves Toward 200M Gas Limit Roadmap

TL;DR Ethereum’s Glamsterdam upgrade work is moving through devnet planning ahead of a projected H2 2026 mainnet window. EIP-7732, or enshrined proposer-builder separation, is one of the key pieces being tracked by developers. EIP-7928, covering block-level access lists, is another major component tied to parallel execution and higher throughput. The headline target is a path toward a much higher gas limit, but the exact mainnet package remains subject to Ethereum’s normal testing and governance process. Glamsterdam Moves Into Focus Ethereum’s next major upgrade cycle is now turning toward Glamsterdam, a protocol package expected to define the network’s post-Pectra scaling and block-production roadmap. The upgrade is being watched closely because it touches two of Ethereum’s biggest long-running constraints: who builds blocks, and how much execution capacity the base layer can safely support.

Developer materials and EIP discussions point to enshrined proposer-builder separation and block-level access lists as two of the most important items in the Glamsterdam conversation. Together, they help frame a longer-term path toward higher throughput without simply asking every node operator to absorb more load without structural changes.

What ePBS Tries To Fix EIP-7732, commonly described as enshrined proposer-builder separation, would move part of the current external block-building market into Ethereum’s protocol design. Today, block construction often depends on external relay infrastructure and specialized actors. That system has helped the network manage maximum extractable value, but it has also raised concerns about centralization and censorship pressure.

By bringing proposer-builder separation closer to the protocol layer, Ethereum developers are trying to reduce reliance on off-protocol arrangements and create a cleaner separation between validators proposing blocks and builders assembling them. It is a technical change, but it also speaks directly to Ethereum’s decentralization goals.

Why Block-Level Access Lists Matter EIP-7928, covering block-level access lists, is aimed at making execution more predictable by identifying state access patterns at the block level. In plain English, validators and clients could get better information about what a block needs to touch before processing it. That matters because parallel execution is difficult when the system does not know which transactions are likely to conflict.

If block-level access lists work as intended, they could help Ethereum process more activity without turning every block into a heavier, less predictable burden for nodes. That is why the proposal is often discussed alongside higher gas-limit targets and broader L1 scaling.

A 200M Gas Limit Is The Big Headline The most attention-grabbing part of the Glamsterdam narrative is the potential path toward a 200 million gas limit. That would be a major increase from today’s base-layer capacity and would represent a very different Ethereum L1 if it can be achieved safely. But the wording matters: this is a roadmap and testing target, not a guarantee that every detail is locked for mainnet exactly as discussed in current devnet materials.

Ethereum upgrades usually move through a long process of specification, client implementation, devnets, testnets and final coordination. That process is slow by design. Glamsterdam is important because it shows the network is still trying to scale the base layer itself, not only pushing activity to rollups. The risk is that aggressive capacity increases without careful client and node work could weaken the decentralization properties Ethereum is trying to protect.

This article was written by the News Desk and edited by Samuel Rae.

Singularity Finance, an EVM Layer-2 for tokenizing the Real World Assets (RWA) of the AI economy, will be launched via a strategic token merger announced by SingularityDAO, Cogito Finance, and SelfKey.

Web3 will be accelerated by a platform optimized for AI tokenization that is powered by the combination of the three complimentary technologies. By integrating AI assets like GPUs into already-existing DeFi apps and tokenizing them, new onchain primitives will be created, opening up more effective financing sources for AI-driven developments.

With the help of SelfKey’s compliant identity solution, Singularity Finance will leverage Cogito’s tokenization framework to put RWAs onchain, establishing decentralized markets in which users may readily engage. Using SingularityDAO’s AI-driven DynaVaults and other technologies, Singularity’s Layer-2 will provide AI-powered financial tools services that improve and automate analysis, portfolio, and risk management.

Cogito Finance CEO Cloris Chen said:

“The rapid growth of the AI sector is creating significant opportunities for both institutions and retail participants. However, barriers still exist on both the demand and supply sides, limiting broader participation in the AI economy. By developing our own Layer-2 solution democratising AI-Fi, we can overcome these challenges and remain agile in adapting to an evolving regulatory landscape.”

SingularityDAO co-founder Mario Casiraghi added:

“We stand at the intersection of AI and DeFi, where much of the innovation currently taking place within the Web3 space is occurring. AI-Fi harnesses the immense potential of the AI economy by tokenising the AI value chain, creating unprecedented opportunities to access, exchange and monetise these assets.”

The three existing tokens—SDAO, CGV, and KEY—will be combined into a single token, SFI, which will function as Singularity Finance’s network token as part of the merger. With the mainnet release scheduled for the first half of 2025, the SFI token will first be accessible on Ethereum and BNB Chain. The conversion ratios between SDAO, CGV, and KEY will be as follows:

At a ratio of 1:80.353 (1 SDAO = 80.353 SFI), SDAO migrates to SFI. 1:10.890 is the ratio of CGV migration to SFI (1 CGV = 10.890 SFI). Migration of KEY to SFI at a 1:1 ratio (1 KEY = 1 SFI). The 200-day moving average of each token up to August 20, 2024, is the basis for pricing.

A leadership council for Singularity Finance will be formed when the merger is finalized to supervise and direct the activities of the combined financial ecosystem. Mario Casiraghi, CFO of SingularityNET and Co-Founder of SingularityDAO; Cloris Chen, CEO of Cogito Finance; and Dr. Ben Goertzel, CEO of SingularityNET and the Artificial Superintelligence Alliance, will serve as the council’s leaders. The community will have the chance to vote in a governance vote after the merger announcement, which will take place from October 21 to October 31.

The merger will solve the major issues with ownership and accessibility to AI-related revenues and assets that are now present. Users will be able to access yield prospects from compute and AI agents by using SFI-compliant tokenization infrastructure. Additionally, AI market players will be able to create additional liquidity for their assets, increasing the accessibility of high-quality yield supported by AI and hardware. Through its Layer 2—which includes integrated legal frameworks, distribution channels, a marketplace, and AI-powered asset management tools—Singularity Finance will address these issues.

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