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News linked to both this project and an event.

HashKey Chain Japan Hackathon Countdown Begins: $12,000 USDT Total Prize Pool Invites Global Developers

HashKey Chain will host the “HashKey Chain Horizon” hackathon in Japan from June 18 to July 14. Built upon the foundation of building a compliant and secure Web3 ecosystem, this hackathon is open to developers, innovators, and Web3 enthusiasts worldwide. It features two challenge tracks focused on key areas within the HashKey Chain ecosystem.

CoinUp: Zhu Pan Is Not a Platform Member, Only the Project Party for a Listed Project

CoinUp has responded to the topic of "CPX price volatility and related personnel identity," stating that Zhu Pan is not a member of the CoinUp platform and has not participated in the platform's core operational management. His identity is merely the project party for a project listed on the CoinUp platform.Regarding the recent sharp short-term fluctuations in the CPX/USDT trading pair, CoinUp stated that its preliminary judgment indicates it was mainly caused by concentrated selling pressure in the market. The platform is further investigating and verifying the specific reasons.CoinUp also emphasized that the platform has not suffered any hacker attacks, data breaches, or exploitation of system vulnerabilities. The wallet system, account system, and asset custody services are all currently in a secure and controllable state.

PeckShield: The JaredFromSubway attacker has converted the stolen funds into 4,400 ETH, with some of the proceeds flowing into Tornado Cash.

According to on-chain analyst PeckShield (@PeckShieldAlert), the well-known MEV bot “JaredFromSubway” has reportedly been attacked, resulting in the theft of approximately $7.5 million worth of crypto assets—including 1,474.58 WETH, 2.87 million USDC, and 2 million USDT. The attacker has exchanged the stolen funds for 4,400 ETH and transferred 1,000 ETH to the mixer Tornado Cash to obfuscate the fund’s trail.

Well-known MEV bot Jaredfromsubway.eth suffers reverse attack, losing over $7.5 million

Jaredfromsubway.eth, a well-known MEV bot long active on the Ethereum network, has been attacked by hackers exploiting a vulnerability in its automated execution system, resulting in losses exceeding $7.5 million.Security firm Blockaid stated that the incident was not a traditional phishing attack or smart contract vulnerability, but rather an "anti-MEV honeypot attack" specifically targeting the decision-making logic of the MEV bot. Over several weeks, the attacker deployed 66 fake token contracts and false liquidity pools, masquerading as assets such as WETH, USDC, and USDT, luring the bot into executing seemingly profitable trades and authorizing auxiliary contracts controlled by the attacker.Ultimately, in a single transaction, the attacker invoked all backdoor permissions to transfer the ETH, USDC, and USDT held by the bot's address. Data shows that between November 2024 and October 2025, the Ethereum network experienced approximately 60,000 to 90,000 sandwich attacks per month, with about 70% of them linked to Jaredfromsubway.eth. (Cointelegraph)

JaredFromSubway’s MEV Bot Attacked, Suffers $7.5 Million Loss

According to on-chain analyst Blockaid (@blockaid_), the well-known Ethereum MEV bot JaredFromSubway (@jaredsmev) has been attacked, resulting in losses of approximately $7.5 million. The attacker constructed a deceptive MEV arbitrage path to trick the bot into automatically approving token transfers. Leveraging these open approvals—before they were revoked—the attacker drained WETH, USDC, and USDT from the bot’s contract. The stolen funds ultimately flowed to the attacker’s wallet address. Blockaid noted that this attack was not a conventional phishing attempt or smart contract vulnerability, but rather a targeted exploitation of the bot’s automated execution mechanism.

Slow Mist's Cosine Questions BNB Chain LABUBU "Hack" Incident: Suspicious Abnormal Modification of Key Parameters

Odaily news, Slow Mist founder Cosine published an analysis stating that the approximately $1.1 million loss incident in the OLPC / LABUBU liquidity pool on BNB Chain is suspicious. The loss occurred due to a severe imbalance in the OLPC/LABUBU trading pair, caused by a "vulnerability" in OLPC being exploited. Under certain conditions in _update, it is possible to burn OLPC tokens amounting to value * decimalsValue. Normally, decimalsValue is 1, but approximately 46 days before the attack, it was changed by the owner to an extremely large value of 7,326,680,472,586,200,649. A few days later, the OLPC owner renounced ownership, setting it to the zero address.Today, the attacker exploited this extremely large decimalsValue to trigger the Pair reserve burn, allowing a small amount of OLPC to extract a large amount of LABUBU. The attacker ultimately swapped 1.115 million USDT at a low cost. The suspicious point lies in the setting of decimalsValue—why did the OLPC owner set such an abnormally large value?

U.S. Department of Justice Seizes Approximately $9 Million in USDT Linked to ‘Pig Butchering’ Crypto Scam Network

the U.S. Department of Justice has seized approximately $9 million in funds linked to a scam network, with the seized assets being the stablecoin Tether (USDT). Law enforcement officials stated that the case is related to long-term romance and investment scams commonly known as "pig butchering." The criminal organization gradually gained victims' trust by establishing fake romantic or social relationships, luring them into depositing funds on fraudulent crypto investment platforms before disappearing with the money.Investigations revealed that the network has affected over 70 victims within the United States, with illegally transferred funds totaling millions of dollars. The U.S. Department of Justice stated that this asset freeze and enforcement action aims to cut off the flow of scam funds and strengthen the ability to track and combat cross-border crypto scams. (Bloomberg)

Venus attacker sells 1,912 ETH to repay loans, still owes $6.78 million USDT on Aave

According to on-chain analyst Yu Jin (@EmberCN), the attacker responsible for the March THE liquidation event on the Venus platform sold 1,912 ETH for $3.26 million one hour ago to repay part of their loan on Aave. That loan was originally taken out by collateralizing ETH and was used to manipulate the Venus liquidations. The attacker’s address still has $6.78 million in USDT outstanding on Aave.

MILC Platform Cross-Chain Bridge Suffers Private Key Leak Attack, Sustaining ~$161,000 in Losses

According to on-chain security platform Blockaid (@blockaid_), the MILC Platform cross-chain bridge suffered a private key leak on both the BNB Chain and Ethereum networks. The attacker exploited a historical bridge administrator wallet to grant the DEFAULT_ADMIN_ROLE and MANAGER_ROLE permissions to the attacker’s address. Subsequently, assets were withdrawn from the bridge contract, and administrative control was transferred to the attacker’s wallet. Confirmed losses currently stand at approximately $97,003 USDT (on BNB Chain) and approximately 39.21 ETH (on Ethereum, transferred out via Rhino.fi), totaling roughly $161,000.

Humanity Offers $1 Million USDT Bounty for Information

Humanity stated that it has shared the attacker’s address tracking page with all centralized exchanges, decentralized exchanges, and aggregators, and will continue updating it. Humanity has also announced a $1 million USDT bounty for information that aids in recovering the stolen funds; all recovered funds will be used to repurchase $H.

Polymarket: "Zcash will hit $100 in 2026" probability rises to 53%, up 36% in 24H

Odaily Seer Prophet Channel monitoring shows that the probability of "Zcash will hit $100 in 2026" on Polymarket has risen to 53%, a 24-hour increase of 36%.Market rules: If between 17:35 on November 24, 2025, and 23:59 on December 31, 2026 (Eastern Time), the lowest price (Low) of any 1-minute candlestick of the Binance ZEC/USDT trading pair reaches or falls below the price stated in the title, this market will immediately settle as "Yes"; otherwise, it will settle as "No." Settlement is based solely on the 1-minute candlestick data of the Binance ZEC/USDT trading pair; prices from other exchanges or trading pairs will not be considered.In previous news, the privacy coin Zcash disclosed and fixed a critical security vulnerability that could have been exploited by malicious miners to transfer over 25,000 ZEC (approximately $6.5 million) from the deprecated Sprout privacy pool. Officials stated that the vulnerability had existed since July 2020 but was not actually exploited, and user funds remained safe at all times. The development team has released version v6.12.0 to complete the fix, and major mining pools have already upgraded their deployments.Odaily Seer Prophet Channel continues to monitor prediction markets, seeing changes before pricing.

SlowMist: DTXT/USDT trading pair on BSC attacked, resulting in ~$35,000 USDT loss

SlowMist issued a security alert stating that the DTXT/USDT trading pair on BSC was attacked due to spoofable liquidity-addition detection logic, resulting in the attacker profiting approximately $35,041.106 USDT.

Drift Protocol Launches Full Rebuild After North Korean Hacker Attack, Enlists Top-Tier Security Team to Accelerate Platform Post-Mortem

According to Drift’s official announcement, the Drift Protocol released its latest recovery update on June 3, 2026. An independent forensic investigation conducted by cybersecurity firm Mandiant has confirmed that the prior attack against Drift was carried out by the North Korean threat group UNC6862, whose tactics closely align with those historically employed by North Korean state-sponsored hacking operations. On the rebuilding front, Drift announced the appointment of Noah Prince—former Engineering Lead of the Helium Protocol—as Protocol Lead, who will spearhead codebase hardening and platform security architecture redesign. Additionally, former members of the Gauntlet team have been brought on board to conduct margin engine reviews, optimize funding rates and market parameters, enhance liquidation mechanisms, and implement continuous risk monitoring. Drift plans to relaunch with “security-first” as its core principle, repositioning itself as Solana’s largest USDT-perpetuals exchange. With support from strategic partners including Tether, Drift will establish a dedicated recovery pool funded by platform revenues to compensate users for losses. Further details regarding the recovery mechanism and timeline will be disclosed progressively.

TesseraDao Attacked: Hacker Mints 99 Million TSR Tokens and Cashes Out $2.5 Million

According to on-chain analyst PeckShield (@PeckShieldAlert), approximately 19 hours ago, TesseraDao (@TesseraDao) on BNB Chain was attacked. The hacker maliciously minted 99 million TSR tokens and immediately dumped them, causing the TSR price to plummet by 99%. The attacker then exchanged the stolen TSR for approximately $2.5 million in USDT and cross-chained the funds to Ethereum. The attacker has since laundered 1,285.5 ETH via TornadoCash.

Gravity Bridge: $91,000 of Stolen Funds Frozen, Majority of Assets Yet to Be Moved

according to Specter, in collaboration with ChangeNOW, $91,000 of the funds stolen from Gravity Bridge have been frozen. The attacker still holds the majority of the funds, which have not yet been transferred.Previously, it was reported that the private key for Gravity Bridge's bridging contract was leaked, leading to the theft of $5.4 million in assets. The assets extracted by the attacker include: $4.3 million in USDC, 274 WETH (worth approximately $553,000), $434,000 in USDT, and $64,000 in PAYG. The involved addresses are 0x7B58...1F9 and 0x4d3c...A47.

Blockaid: Alephium-Ethereum Bridge Attacked, Approximately $815,000 in Assets Stolen

Blockaid disclosed on X that the Alephium TokenBridge Ethereum cross-chain bridge was attacked. The attacker compromised three out of four Guardian private keys, forged a Verified Action Approval (VAA) message, and executed the attack within approximately seven minutes, stealing roughly $815,000 worth of assets. During the attack, the attacker minted 13.76 million Wrapped ALPH tokens out of thin air—exceeding the pre-attack circulating supply by over 100%—and simultaneously unlocked and withdrew assets including USDT, USDC, WBTC, and WETH from the custody pool. As of now, the attacker’s address still holds approximately $815,000 in stolen assets and 13.76 million uncollateralized Wrapped ALPH tokens; the largest anomalous transaction involved the out-of-thin-air minting of 13.76 million Wrapped ALPH tokens.

Gravity Bridge Reportedly Attacked, Approximately $5.4 Million in Cryptocurrency Stolen

On-chain monitoring shows that the cross-chain bridge Gravity Bridge may have suffered a security incident due to a smart contract private key leak, affecting assets including USDC, WETH, and USDT, with total losses amounting to approximately $5.4 million.

A hacker in Zhejiang Province was sentenced to four years and four months in prison for illegally controlling over 150 servers and concealing illicit proceeds in cryptocurrency.

Zhou, a hacker from Quzhou City, Zhejiang Province, was sentenced by a court to four years and four months’ imprisonment and fined for the crime of illegally controlling computer information systems. Zhou exploited security vulnerabilities in websites to illegally control over 150 government and enterprise servers, causing links on websites belonging to 157 organizations to redirect to overseas pornographic websites. He also profited by reselling control rights. According to disclosures by the investigating authorities, Zhou settled his illicit proceeds using virtual currencies such as USDT and TRX, dispersing and concealing them across multiple cryptocurrency wallets. Authorities subsequently seized assets valued at over RMB 42 million through a cryptocurrency tracing system. Additionally, Zhou voluntarily surrendered over RMB 28 million in illicit gains.

Oobit Has Frozen Part of the EURR Funds Related to the StablR Security Incident

Oobit, a mobile wallet supported by Tether, issued a clarification on X, stating that after “on-chain detective” ZachXBT disclosed a vulnerability exploit against two smart contracts (EURR and USDR) of stablecoin issuer StablR—resulting in losses of approximately $13.5 million—the attackers attempted to withdraw the stolen funds via Oobit. However, Oobit’s compliance team identified the anomalous activity and successfully froze EURR funds valued in the six-figure range, while also shutting down the withdrawal channel. No user funds were affected in this incident, and Oobit’s own systems were not compromised. Oobit is currently cooperating with StablR and investigators to advance follow-up actions. Earlier reports indicated that StablR suffered a hack resulting in losses of approximately $2.8 million, causing both EURR and USDR to de-peg.

T3 Financial Crime Unit Freezes Over $450 Million in Illicit Crypto Assets

According to The Block, the T3 Financial Crime Unit (T3 FCU), jointly established by Tether, TRON, and TRM Labs, announced that since its founding in 2024, it has frozen over $450 million worth of illicit crypto assets globally. In 2025, the unit’s interception of illicit proceeds increased by 43.9% year-on-year, covering 23 jurisdictions including the United States, Spain, and Germany, and has been recognized by the Financial Action Task Force (FATF) as “a critical resource for global law enforcement agencies.” The T3 FCU has participated in investigations across multiple crime categories, including exchange hacks, North Korea–related activities, terrorist financing, and violent crimes, and assisted Brazil’s Federal Police in freezing over $5.989 billion in assets—including 4.3 million USDT.