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๐Ÿš€ Leading Mining Pools Join Psy Protocol Testnet for Performance Evaluation

According to Odaily, four prominent mining pools and computing power ecosystemsโ€”F2Pool, GrandCroix, DePIN X Capital, and Codestreamโ€”have officially joined the Psy Protocol public testnet. These entities will participate with real computing power in network operations, transaction verification, and zero-knowledge proof aggregation, providing foundational support for performance and security testing before the mainnet launch.

Psy Protocol's internal benchmarking has demonstrated the capability to process over a million transactions per second (TPS). The protocol architecture allows users to generate transaction proofs on local devices, while miners verify and recursively aggregate zero-knowledge proofs. This approach decouples the verification burden from transaction volume, enabling horizontal scaling as more users participate concurrently.

Psy Protocol is a smart contract platform based on proof of useful work. By allowing users to generate transaction proofs and aggregate zero-knowledge proofs on-chain, Psy empowers developers to build large-scale Web3 applications and supports the AI agent economy.


#MiningPools #PsyProtocol #Testnet #PerformanceEvaluation #F2Pool #GrandCroix #DePINXCapital #Codestream #ZeroKnowledgeProof #Benchmarking #SmartContract #ProofOfUsefulWork #Web3 #AIAgentEconomy
๐Ÿš€ UXLINK CEO Addresses Security Breach and Asset Theft Incident

According to ChainCatcher, UXLINK CEO Rolland Saf released a comprehensive report on a recent security breach that led to significant asset theft, clarifying that the incident was not caused by internal factors. The attackers impersonated business partners and used deepfake video conferencing techniques over several months to compromise the personal devices of multiple SAFE key holders, stealing passwords, private keys, and ultimately gaining control of the old arb-UXLINK smart contract. The hackers illegally minted tokens, transferred, and sold assets, resulting in losses exceeding $11 million.

The incident coincided with Korea Blockchain Week, with several core team members present at the event. The team promptly reported the breach to exchanges, security partners, and international law enforcement agencies, confirming the attack originated externally. Rolland Saf highlighted that the stolen assets included USDT, ETH, and BTC, with some recovered through exchange assistance for buyback purposes. The report refuted any 'exit scam' allegations, emphasizing UXLINK's genuine revenue, commercial clients, and global user base, maintaining transparency throughout the incident.

The team has rebuilt the contract and restored 479 million affected circulating tokens on a 1:1 basis, unlocking 12% of tokens early for exchange user compensation following governance voting. Multiple international law enforcement agencies are now investigating, and related addresses are under continuous monitoring. UXLINK plans to enhance its security systems and advance AI growth, payment ecosystem FujiPay, and other business developments, asserting the project's long-term stability and ongoing rapid growth.


#UXLINK #securitybreach #assettheft #deepfake #blockchain #smartcontract #crypto #KoreaBlockchainWeek #USDT #ETH #BTC #lawenforcement #AIgrowth #FujiPay #tokencompensation #cryptoexchange #blockchainsecurity
๐Ÿš€ Aevo Investigates $2.7 Million Loss Due to Smart Contract Vulnerability

According to Odaily, Aevo, formerly known as Ribbon Finance, reported that its Ribbon Legacy DOV vault was attacked due to a vulnerability in a smart contract update, resulting in a loss of approximately $2.7 million. The team has initiated an investigation to identify the root cause of the vulnerability and is collaborating with centralized exchanges and security partners to track and mark the stolen funds.

Aevo noted that although the attacker bypassed the existing Immunefi bug bounty mechanism, a white-hat negotiation solution remains open. The company emphasized that the incident did not affect Aevo's exchange or its staking users, and the platform continues to operate safely and normally.

For users who deposited in the Ribbon Legacy vault, Aevo is developing a follow-up plan and expects to release further updates within 24 hours. A comprehensive incident review report will be published later.


#Aevo #RibbonFinance #SmartContract #Vulnerability #BugBounty #WhiteHat #Security #Investigation #Cryptocurrency #Loss #Immunefi #Vault #Exchange #Staking #IncidentReport #FollowUpPlan #AEVO
๐Ÿš€ Significant TON Transfers Recorded on Platform

According to ChainCatcher, Arkham data reveals that between 15:22 and 15:26, the TON platform's smart contract received three substantial TON transfers totaling 4,593,917.48 TON. These transactions originated from anonymous addresses.

At 15:22, an anonymous address beginning with Ef_VwRQK transferred 1,553,552.69 TON. Two minutes later, at 15:24, another anonymous address starting with Ef_A6gk sent 1,553,550.75 TON. Finally, at 15:26, a third anonymous address beginning with Ef-hGe5U transferred 1,483,814.03 TON.


#TON #Arkham #ChainCatcher #smartcontract #cryptotransactions #anonymousaddresses #TONtransfers #cryptonews
๐Ÿš€ Smart Contract Vulnerability Leads to Flash Loan Attack on BSC

According to PANews, a flash loan attack on the Binance Smart Chain (BSC) has resulted in an estimated loss of $130,000. The incident involved an unknown smart contract named MSCST, which was exploited due to a missing access control in the releaseReward() function. This vulnerability allowed the attacker to manipulate the price of GPC tokens within the PancakeSwap liquidity pool (0x12da).

#SmartContract #Vulnerability #FlashLoanAttack #BinanceSmartChain #BSC #PancakeSwap #GPCtokens #AccessControl #MSCST #CryptoSecurity #Blockchain #BNB
๐Ÿš€ Grayscale Updates Asset Weightings in Three Multi-Asset Funds

According to Odaily, Grayscale has announced updates to the asset weightings of its three multi-asset funds: the Grayscale Decentralized Finance (DeFi) Fund, the Grayscale Smart Contract Fund (GSC Fund), and the Grayscale Decentralized AI Fund (AI Fund) as of January 6.

The revised asset weightings for the DeFi Fund are as follows: Uniswap (UNI) at 42.67%, Aave (AAVE) at 26.23%, Ondo (ONDO) at 14.10%, Curve (CRV) at 6.16%, and Lido (LDO) at 5.48%.

For the GSC Fund, the updated asset weightings include Solana (SOL) at 29.55%, Ether (ETH) at 29.00%, Cardano (ADA) at 18.55%, Sui (SUI) at 8.55%, Avalanche (AVAX) at 7.66%, and Hedera (HBAR) at 6.69%.

The AI Fund's new asset weightings are Bittensor (TAO) at 29.88%, NEAR Protocol (NEAR) at 27.31%, Render (RENDER) at 15.05%, Filecoin (FIL) at 13.73%, Story (IP) at 8.73%, and The Graph (GRT) at 5.30%.


#Grayscale #DeFi #SmartContract #AI #AssetWeightings #Uniswap #Aave #Ondo #Curve #Lido #Solana #Ether #Cardano #Sui #Avalanche #Hedera #Bittensor #NEARProtocol #Render #Filecoin #Story #TheGraph #TAO #CRV #SUI
๐Ÿš€ Truebit Protocol Faces Security Incident Involving Malicious Actors

According to Odaily, blockchain scaling protocol Truebit Protocol has reported a security incident involving one or possibly multiple malicious actors. The affected smart contract code is identified as '0x764C64b2A09b09Acb100B80d8c505Aa6a0302EF2'. The public is strongly advised to avoid any interaction with this contract until further notice. Truebit Protocol has contacted law enforcement and is taking all feasible measures to address the situation. Updates on the resolution will be provided through official channels.

Previously, Truebit experienced a security breach resulting in the theft of over 8,500 ETH.


#TruebitProtocol #securityincident #maliciousactors #smartcontract #blockchain #ETHtheft #lawenforcement #blockchainscaling #securitybreach
๐Ÿš€ Saga Halts EVM Blockchain After $7 Million Hack

Saga has suspended its EVM blockchain operations following a hacking incident that led to losses of nearly $7 million. According to NS3.AI, the attacker exploited vulnerabilities possibly linked to private key compromise or smart contract abuse, laundering the stolen funds through various bridges and swaps. This event is part of a recent increase in hacks targeting DeFi platforms, which have resulted in over $30 million in thefts since the start of 2026.

#Saga #EVMBlockchain #hack #DeFi #cryptohack #smartcontract #privatekey #bridges #swaps #cryptotheft #2026 #SAGA
๐Ÿš€ Aperture Finance Investigates Contract Vulnerability Exploitation

Aperture Finance has reported a vulnerability exploitation affecting its V3/V4 contracts, according to PANews. The company announced on the X platform that it has halted core functions in its front-end application to prevent further authorizations and is collaborating with security partners to investigate the root cause of the incident. Users are advised to revoke all authorizations on the Ethereum mainnet for the contract address 0xD83d960deBEC397fB149b51F8F37DD3B5CFA8913 to ensure wallet security.

Previously, BlockSec detected an attack on Aperture Finance resulting in a loss of approximately $3.67 million.


#ApertureFinance #SmartContract #Vulnerability #Exploit #BlockchainSecurity #Ethereum #DeFi #CryptoSecurity #PANews #BlockSec
๐Ÿš€ CrossCurve Suffers $3 Million Loss in Security Breach

CrossCurve, a protocol associated with the founder of Curve Finance, has experienced a significant security breach. According to NS3.AI, the attacker exploited a vulnerability in the smart contract of its cross-chain bridge, circumventing validator processes to unlawfully unlock tokens. This breach has resulted in an estimated loss of $3 million. In response to the incident, CrossCurve has suspended user interactions and is currently investigating the breach to understand the extent of the damage and prevent future occurrences.

#CrossCurve #securitybreach #CurveFinance #smartcontract #crosschainbridge #validatorprocess #tokenloss #cybersecurity #CRV