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Multicoin Capital Partner Claims Crypto Market Has Bottomed, Remains Bullish on SOL, Hyperliquid, and ZEC

: Tushar Jain, Managing Partner of Multicoin Capital, stated that the crypto market has bottomed out and entered a turning point. Market sentiment has truly hit rock bottom, recent major hacking incidents and other news have not triggered large-scale sell-offs, application adoption rates continue to rise, and there is a decoupling between price and fundamentals. He maintains a long-term bullish outlook on Solana, believing SOL represents the correct architecture for spot trading and tokenized securities. Simultaneously, he is bullish on Hyperliquid's leading position in the derivatives space and currently holds significant positions in both.Regarding ZEC, he stated that Multicoin has accumulated a considerable proportion of its supply and believes it represents the industry's return to "cypherpunk" values, with the potential to enter the top five by market cap. In terms of position management, he adopts a "three-way split" strategy: immediately buying the first third, dollar-cost averaging the second third, and reserving the final third as flexible capital to cope with significant market downturns. During the Zcash code vulnerability incident, after the team observed and confirmed no hacker exploitation, they significantly increased their positions.

Token Pocket Chief Business Officer: Robinhood Founder's Seed Phrase Leaked During Live Stream, Address Now Frozen

Michael, Chief Business Officer of Token Pocket, stated on platform X that Robinhood founder's seed phrase was leaked during a live stream. After gaining control of the address, the hacker used it and associated addresses to heavily purchase the Meme token $1, prompting thousands of investors to follow suit. In a short time, the token's market cap quickly surged from approximately $500,000 to $14 million.Subsequently, the price of the $1 token dropped sharply, with two-hour trading volume reaching around $20 million. After the address was frozen, the hacker quickly moved to the BNB Chain, using the address and its associated addresses to issue a new token. They created trading activity through tactics like wash trading, ultimately dumping the tokens for profit.Currently, Robinhood's RPC has frozen the address, and the node does not allow transactions originating from this address to be packaged, making transfers, purchases, or sales impossible.

Hackers hack into SpaceXAI and Starlink accounts to promote SCATMAN, profiting approximately $125,000

According to Lookonchain monitoring, hackers hacked into the SpaceXAI and Starlink accounts to issue and promote SCATMAN. The hacker's wallets (0xfee...a8ba, 0xdd...ba89) minted 10 trillion SCATMAN and exchanged all of them for 59 ETH, worth $108,000; another wallet under their control also exchanged 59.28 million SCATMAN for 14.7 ETH, worth $27,000. The hackers profited a total of approximately $125,000.

Two hackers today spent a total of 11.718 million DAI to purchase 6,454.7 ETH

: According to monitoring by on-chain analyst Yu Jin, the hacker (0x18B...E66) who stole funds from a Coinbase user spent 7.378 million DAI early this morning to buy 4,049.7 ETH at a price of $1,822. Meanwhile, the address (0xa13...628) that received ETH from Tornado Cash last November had previously transferred out 4,978 ETH and exchanged them for 16.294 million DAI at a price of $3,273. Today, two hours ago, this address spent 4.34 million DAI to repurchase 2,405 ETH at a price of $1,804.

São Paulo State Court Orders Coinbase to Refund Nearly $100,000 to User Affected by Self-Custody Wallet Theft

Odaily reports: A court in the state of São Paulo, Brazil, has ordered Coinbase to refund nearly $100,000 to a user who claimed funds deposited in their Coinbase Wallet disappeared in an unauthorized transaction. Coinbase argued that the private keys to the wallet were entirely under the user's control. However, it failed to prove that the transaction was initiated by the wallet holder or that adequate security measures were in place to prevent the incident. The court ruled based on relevant provisions of the Consumer Protection Code and ordered Coinbase to return the full amount plus statutory interest. (Bitcoin.com News).

Suspected hacker wallet buys 6,358 ETH with 11.59 million DAI

据链上分析师 Onchain Lens(@OnchainLens)监测,两个疑似属于同一实体的钱包地址以 1159 万枚 DAI 买入 6358枚 ETH,成交均价约为 1823 美元。Onchain Lens 表示,相关资金可能与黑客有关。

Ethereum Foundation: AI Discovers Vulnerability That Could Cause Validator Nodes to Go Offline, But Manual Verification Still Required

According to CoinDesk, the Ethereum Foundation recently disclosed that its security team used AI agents to test the software running on Ethereum validator nodes and successfully discovered a vulnerability that could be triggered remotely, causing node crashes. However, researchers emphasized that amidst the large volume of security reports generated by AI, manual review remains a key step in distinguishing real vulnerabilities from false positives. Reportedly, the vulnerability discovered resides in the Ethereum network message propagation protocol gossipsub, where attackers can remotely trigger the node software into an abnormal computation state, causing the program to crash and shut down, taking the validator node offline until the operator manually restarts it. The vulnerability has been fixed and registered under the number "CVE-2026-34219". Nikos Baxevanis, a member of the Ethereum Foundation Protocol Security Team, stated that the truly surprising aspect of this incident was not the AI's ability to discover vulnerabilities, but the significant amount of time the team spent distinguishing which vulnerabilities were real and which were merely plausible "hallucinations".

Loss of approximately $9 million: Hedera ecosystem lending protocol Bonzo Finance suffers oracle attack

Bonzo Finance, a lending protocol based on Hedera, suffered an oracle attack, resulting in a loss of approximately $9 million. The attacker exploited collateral whose SAUCE token price had been artificially inflated to borrow assets far exceeding their actual value from the protocol. According to a preliminary incident report released by Bonzo Finance, the attacker deposited only 250 SAUCE tokens, then submitted a single price update that artificially inflated the token's price by approximately 12 orders of magnitude. Subsequently, the address borrowed 6.63 million USDC and 34.5 million wrapped HBAR from the lending pool.This attack was not due to a vulnerability in Bonzo Finance's smart contracts or the underlying Hedera network itself, but rather stemmed from a flaw in the on-chain oracle verifier of the oracle service provider Supra. It erroneously accepted a SAUCE price data point where the signature had been zeroed out. Supra has since confirmed the issue and completed a fix.

A Solana OG had 181,000 SOL stolen, and the hacker swapped them for 7,918 ETH

According to Lookonchain monitoring, a Solana OG had 181,000 SOL stolen. The hacker sold all 181,000 SOL, bridged the funds to Ethereum, and exchanged them for 7,918 ETH, worth $14.2 million.

Hedera Network suspected of being hacked, attacker has bridged $3.7 million to Ethereum

: According to on-chain detective Specter's monitoring, the Hedera Network is suspected of being hacked. The attacker has bridged over $3.7 million from the Hedera Network to Ethereum via LayerZero. The stolen funds are currently being swapped from WBTC to ETH. The theft addresses include 0x9A4966152F6e10b33Cb7a37975e8619816d6a494 and 0xaf20D792A19fD42dCf697ceBa6100291D96dD93e.

ZachXBT: Suspected Attack on Early Solana Whale, Approximately 180,900 SOL Transferred

on-chain detective ZachXBT disclosed in a personal channel post that a whale suspectedly suffered an asset theft a few hours ago, with approximately 180,900 SOL (worth about $14.2 million) being abnormally transferred. ZachXBT stated that he collaborated with another on-chain security analyst, Specter, to analyze the related transactions, identifying unusual unstaking activities and fund transfers from the Solana network across to Ethereum. It is reported that the address belongs to one of Solana's early participants and is associated with the Genesis block allocation. This unusual operation involves a large amount of SOL assets. The specific attack method, destination of the funds, and whether it was due to a private key leak have not yet been confirmed.

ZachXBT:Gate 用户被盗资金已流入加密担保平台 Xinbi 相关地址

Regarding the previous incident where Gate user assets were stolen, on-chain detective ZachXBT stated that the relevant funds have been transferred to an address associated with the crypto escrow platform Xinbi (0xff9c...35fb8), and tracking the flow of funds can no longer help the victims.

Ledger Researchers Disclose Tangem Hardware Wallet Card Vulnerability

According to The Block, Ledger's security research team Donjon disclosed a security vulnerability in Tangem hardware wallet cards. After obtaining the physical card, attackers can use laser fault injection equipment to bypass recovery state verification in the firmware and reset the password, thereby controlling the wallet and initiating transactions. The research states that this vulnerability affects all Tangem cards currently in circulation, and since the product does not support firmware updates, it cannot be fixed via patches.

CodexField's X account and website taken offline, previously accused of fraud

according to CertiK's monitoring, CodexField's X account and website have been taken offline. Earlier, on-chain analyst Specter had warned that the project might be a scam and exit scam, and tracked abnormal cross-chain fund transfers totaling over 17.3 million USDT.

Circle Refuses to Assist in Recovering Stolen USDC, Drawing Criticism from Wisconsin and New York Prosecutors

prosecutors from Wisconsin and New York have expressed dissatisfaction with stablecoin issuer Circle, as the company has repeatedly refused to cooperate with law enforcement agencies in recovering stolen funds.According to the report, multiple law enforcement agencies had requested Circle to help victims of fraud and hacking incidents recover their losses by burning and reissuing USDC. However, Circle declined these requests based on its own policy stance.Circle stated that modifying the blockchain ledger to reverse transactions would undermine the fundamental properties of the USDC stablecoin and could set a dangerous precedent for the entire crypto industry. This incident highlights the conflict between the immutability of blockchain and the need for law enforcement to recover assets. (Protos)

The number of hacker attacks hit an all-time high, with crypto projects losing approximately $972 million in the first half of 2026.

an Immunefi report shows that in the first half of 2026, crypto projects suffered cumulative losses of approximately $972 million from 207 hacker attacks. The number of attacks reached a record high, but total losses remained under $1 billion and were less than half the scale of losses in the first half of 2025. The report notes that DeFi attack losses have dropped by 74% from their peak of $2.62 billion in 2022, falling to approximately $680.3 million, with the median single-loss amount declining by 75% over the same period. Furthermore, the source of risk is shifting from purely smart contract vulnerabilities towards infrastructure failures, private key leaks, cross-chain configuration errors, and weaknesses in privileged access.

Ethereum Foundation uses AI agents for red team testing of the ETH network and discovers real vulnerabilities

researchers from the Ethereum Foundation Protocol Security team said in a blog post on Thursday that they have deployed a series of AI agents to test the software relied upon by Ethereum, searching for vulnerabilities in encryption systems, protocol code, and smart contracts. The vulnerabilities discovered by the AI agents include a remotely triggerable panic issue in the libp2p gossipsub peer-to-peer layer used by Ethereum consensus clients. The issue has been fixed and disclosed on Github as CVE-2026-34219. Researchers stated that the AI agents are organized into specialized roles such as reconnaissance, search, patching, and verification, used to find potential attack paths, reproduce faults, and verify their applicability to production code. The Ethereum Foundation stated that AI has not replaced security researchers but has changed the way they work, enabling the team to cover far more scope than manual review. However, it requires researchers to exercise more careful judgment when evaluating a large number of seemingly credible conclusions. (Decrypt)

Hong Kong SFC requires crypto platforms and brokerages to phase out OTP login verification within 12 months

According to The Block, the Securities and Futures Commission of Hong Kong (SFC) issued a circular requiring licensed virtual asset trading platforms and internet brokers to stop using one-time passwords (OTP) for user login and device binding within 12 months, and instead adopt stronger authentication methods such as passkeys (Passkey) and device binding. This move stems from deception attacks accounting for up to 57% of Hong Kong cybersecurity incidents in 2025. The SFC also requires all institutions to establish monitoring systems for suspicious logins, transactions, and withdrawals, and promptly notify customers of unusual account activity; large brokers must implement the new authentication measures immediately. The SFC emphasized that if internal control deficiencies within an institution lead to customer losses, relevant parties will be held accountable.

Gate: Users whose assets were stolen experienced serious information leaks or device compromise; will actively cooperate with fund recovery and subsequent handling.

Gate issued an announcement regarding the recent "user asset theft incident," sharing internal comprehensive verification results, analysis of the incident's cause, and progress on subsequent handling. Regarding the verification process and key facts, the announcement stated that after comprehensive verification, materials submitted by the applicant at the time, including account information, real-name information, transaction records, Alipay screen recordings, etc., matched the account completely. According to analysis by the technical team, Alipay screen recordings can only be made by the customer themselves or someone with access to the customer's Alipay account. Alipay possesses an extremely strict real-time risk control system; logging into Alipay on a different device will mandate multi-factor authentication. This indicates a situation involving serious leakage of customer information or device compromise. Regarding the Gate platform audit mechanism, the announcement stated that the Company's security unbinding audit mechanism strictly executes the four-fold verification process of "Multi-channel advance notification + System risk control preliminary screening + Manual multi-layer review + Time protection," and never has nor will it approve any security item change application based on a single material alone. Gate always takes information security and customer data protection as the Company's core management requirements. The issue of internal information leakage mentioned by some parties does not exist. Regarding fund recovery and subsequent handling, the announcement stated that Gate processed the matter with the highest priority immediately after the incident occurred, coordinating security, compliance, legal, business, and other teams to carry out on-chain analysis and asset tracking and freezing. It continues to coordinate with third-party institutions such as Tether to advance fund freezing. Subsequently, it will also actively cooperate with judicial authorities in investigations and data collection. Any substantive progress will be communicated immediately.

DeFi asset management and risk analysis company Gauntlet secures $125 million financing from Japanese financial giant SBI Holdings

According to Fortune, DeFi asset management and risk analysis company Gauntlet completed a $125 million financing round, exclusively invested by Japanese financial group SBI Holdings. The financing was completed in June this year, and the specific valuation was not disclosed. This is Gauntlet's largest financing round since its establishment in 2018, far exceeding its $24 million Series B round in 2022 led by Ribbit Capital at a $1 billion valuation. Gauntlet was founded by former Wall Street quantitative trader Tarun Chitra. It initially focused on providing stress testing and vulnerability analysis services for DeFi protocols. Later, as the DAO governance model waned, it gradually transitioned to a "treasury curation" business—assessing yield strategy risks through quantitative analysis to help institutional investors manage digital asset allocation. Currently, its clients include asset management giant Apollo, Coinbase, and stablecoin issuer Circle.