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Loss of approximately $1.8 million, Payy initiates claims process for cross-chain bridge contract exploit
Odaily reports that Payy has initiated a claims process for affected users following the September 24 cross-chain bridge contract exploit, with a 30-day claim application window. Compliant claims will be paid out in USDC on the Ethereum network. Payy Wallet is currently suspended and will be fully shut down after the claims window closes. Previously, Payy's cross-chain bridge contract on Ethereum was attacked, with all funds in the contract drained, resulting in a loss of approximately $1.8 million.
Rome to Launch Token ROME, Has Completed $9 Million in Funding
Odaily: Rome has announced plans to launch the token ROME and has completed $9 million in funding, with participation from Portal Ventures, Hack VC, HashKey, Anagram, Robot Ventures, and others. The project's main business is building a cross-chain interoperability protocol based on Solana.
A whale/institution has cumulatively sold 837.8 BTC and bought 27,500 ETH
Odaily reports: According to on-chain analyst Yu Jin's monitoring, a whale/institution has cumulatively sold 837.8 BTC and bought 27,500 ETH, with a total purchase amount of $69.68 million and an average price of $2,534. The entire process is as follows: BTC that was withdrawn from HTX about a year and a half ago was transferred to Hyperliquid, sold and converted into USDC, then the USDC was transferred back to Arbitrum and bridged to Ethereum, and finally ETH was purchased on the Ethereum chain.
Specter: Ledger Incident Attacker Transferred 2,990 ETH to Tornado Cash on October 9 and 10
Odaily News: According to on-chain detective Specter's monitoring, between October 9 and 10, attacker addresses associated with the CryptoBilis Ledger hardware wallet incident deposited 2,990.3 ETH, worth approximately $7.45 million, into Tornado Cash.Monitoring shows that the attacker had previously withdrawn funds to 14 addresses, then bridged them cross-chain to ZEC via NEAR Intents and conducted privacy-enhancing processing. Specter stated that the attacker partially reused previous deposit addresses to submit withdrawal transactions, while some other withdrawal transactions were initiated by wallets linked to addresses that paid gas fees during the fund theft, thereby linking the deposits to the withdrawal activity.Currently, the attacker is still continuously moving and concealing the related funds. The previous CryptoBilis incident involved supply chain risks related to Ledger hardware wallets. Ledger has stated that it is investigating and has reminded affected users to pay attention to device security.
Worth approximately $12.4 million: Triple-A hacker transfers 4,970 ETH to Tornado Cash
Odaily reports that the Triple-A attacker has transferred 4,970 ETH (worth approximately $12.4 million) to Tornado Cash. The hacker stole assets from the proprietary vault of payment service provider Triple-A in July of this year, with publicly estimated losses of approximately $11.8 million. After bridging the funds to Ethereum and swapping them, the attacker split the funds into two intermediate addresses on September 6; on October 9, the funds were consolidated through a single wallet and deposited into Tornado Cash in 49 transactions of 100 ETH each and 7 transactions of 10 ETH each, totaling 56 transactions, with one fund flow also containing an earlier mixer withdrawal. Triple-A previously stated that the incident did not affect customer funds.
Unichain to Migrate to OP Enterprise, Testnet Migration Set for October 13
Odaily reports that Unichain announced on X that it will migrate to OP Enterprise to prepare for native cross-chain interoperability on OP Stack. Once interoperability goes live, users will be able to transfer assets between OP Stack chains without using a bridge, with ETH being the first supported asset. The testnet will migrate on October 13, and the mainnet migration is planned for late October.
About $72.9 million is still in attacker-controlled addresses, Ledger CryptoBillis stolen funds distribution disclosed
According to monitoring by Galaxy's head of research, in the Ledger CryptoBillis attack incident, approximately $72.9 million remains in addresses controlled by the attacker, involving Bitcoin, Ethereum, and USDT; $3.1 million entered Tornado Cash, while the remaining funds have been bridged across chains, swapped, or layered and transferred through relayers.
LayerZero and Blockaid Launch Cross-Chain Message Security Verification Network Bridge Sentinel
Odaily News: LayerZero has partnered with Blockaid to launch Bridge Sentinel. Operated by Blockaid, this network is a Decentralized Verifier Network (DVN) that leverages real-time threat intelligence to screen for spoofed source events, malicious counterparties, and stolen fund flows before cross-chain messages are verified. Asset issuers adopting the LayerZero OFT standard can choose to include it in their DVN configuration.
Decrypt Money Accounts Launches on Solana, Single USDT Balance Covers Multiple Financial Products
Odaily News: Crypto information platform Decrypt has launched Decrypt Money Accounts on Solana. Account balances are denominated in USDT and can be used across products including Earn, Swaps, Predictions, and Perps. The platform covers gas and rent fees through fee-payer co-signing, so users do not need to hold SOL or handle network fees.The account uses a self-custody model. Decrypt does not hold users' private keys and cannot execute transactions on their behalf. Users can deposit funds through multiple payment methods. A private key export feature is expected to be available shortly, after which accounts can be connected to any Solana wallet software.Cross-chain operations are handled at the platform's underlying layer. For example, Myriad Predictions markets settle on BNB Chain, yet users can still trade using the same Solana USDT balance without bridging or switching networks. Existing Myriad Wallet users can use the service directly without migration.Decrypt Money Accounts will serve as the underlying channel for The Information Exchange, connecting Decrypt, Myriad, and the upcoming MYR. The platform will subsequently expand prediction markets into instruments such as spot, perpetual futures, and structured event products. (Decrypt)
$8.09 Million in Altcoins: A Certain Address Accumulated ZRO, WLD, and CHIP Within 4 Hours
Odaily reports that according to on-chain analyst Ai Yi's monitoring, a certain address accumulated approximately $8.09 million worth of ZRO, WLD, and CHIP over the past 4 hours, including 2.55 million ZRO worth about $5.3 million, withdrawn at a price of $2.08; 4.41 million WLD worth about $2.29 million, withdrawn at a price of $0.5189; and 10 million CHIP worth about $492,000, withdrawn at a price of $0.04928. The aforementioned assets involve the AI and cross-chain infrastructure sectors.
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Participate in XDEFI cross-chain wallet Discord community interaction and win Gutter Rat #341 NFT
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