$SUI experienced three mainnet outages within 48 hours last week, totaling over 18 cumulative hours of downtime. All incidents were tied to bugs in the v1.72 upgrade, including a gas-fee underflow from the new address balances feature and a separate randomness state flaw that froze an epoch. The token dropped 13% to $0.87 as the network halted, wiping roughly $1.88M in derivatives positions, mostly longs. Validators deployed an emergency patch despite knowing it could trigger a second stall, which it did - but the network has since fully recovered without any fund loss or chain revert. The Sui Core Team says future upgrades will improve fault isolation so bugs hit individual transactions instead of the entire chain.

🚨 Syscoin has hit the pause button on its Bridge after a major security incident ⚠️ An attacker reportedly exploited a validation issue, leading to the creation of approximately 5B unauthorized SYS through the UTXO Bridge path What happened? 👉 Around 4B SYS and 1B SYS were traced to 2️⃣ major tainted addresses 👉 The funds were moved and split after reaching the #UTXO chain 👉 The affected validation path has been identified, and a fix is already being prepared 👉 Exchanges and ecosystem partners are working to blacklist, freeze, or monitor related deposits 👉 Users are advised not to interact with the Bridge until further notice #Syscoin #SYS #CryptoSecurity #Blockchain

Syscoin halts cross-chain bridge amid suspicion of unauthorized withdrawal of 5 billion SYS ・The Syscoin cross-chain bridge has been temporarily halted due to suspicion of an unauthorized withdrawal of 5 billion SYS. ・Attackers are suspected of exploiting a vulnerability in the verification process to generate fraudulent SYS outputs. ・The development team is tracking related addresses and coordinating with partners to freeze the funds.

[Topics in the Past Hour] • Syscoin halts its cross-chain bridge amid suspicions of a fraudulent outflow of 5 billion SYS • Israel officially announces airstrikes on Iran, rejects U.S. calls for restraint, triggering a sharp rise in geopolitical risks • [Update] South Korea’s KOSPI plunges 8%, triggering a circuit breaker; the President seeks to calm the market • Smart money executes strategic buybacks following the cryptocurrency market’s sell-off

Garrett Jin Bags $11.24M on ZEC ... But His Biggest Bet Is Still Wide Open Garrett Jin just closed out his $ZEC short, locking in a massive $11.24 million profit. For most traders, that would be the end of the story. Not this time. Despite cashing out one of the largest winning trades on the board, Garrett is still sitting on a huge Bitcoin long position, and right now it's turning into a battle between conviction and market pressure. His current #BTC position shows: $BTC Long (5x Cross Leverage) Position Size: 1,268.33487 BTC , Position Value: $78.39M, Entry Price: $76,117.3, Liquidation Price: $40,952.3, Unrealized PnL: -$18.16M, Funding Cost: -$202,182.98 That's what makes this trade so fascinating. On one hand, Garrett just walked away with an eight-figure win on #zec . On the other, he's still holding a Bitcoin position worth nearly $78.4 million, currently showing an unrealized loss of more than $18 million. The ZEC trade is already in the books. Now all eyes are on whether this BTC position becomes his next big win... or his toughest test yet. Address: 0x92ea19ECeB7a8dE0f50978A1583A5D8b018050e9

Following the murder of four foreign agricultural workers in Amendolara, Calabria, Italy, the reality of labor exploitation has once again come under scrutiny. One migrant worker with a legitimate contract testified that he was promised job placement and assistance with residency procedures by a middleman, but upon arrival in Italy, he was cut off from contact and defrauded of €11,000. After being forced to live on the streets for two weeks, he was introduced by another middleman to housing where 25 people were crammed into a two-room home. Authorities are investigating the relationships between middlemen and employers, as well as the structural nature of labor exploitation. Labor unions are demanding stricter enforcement of laws and enhanced oversight, asserting that low-wage labor and deplorable living conditions orchestrated by illegal intermediaries continue to be widespread.

The agent of "BTC OG Insider Whale" closed a ZEC short position, realizing a profit of $11.24 million. The agent of "BTC OG Insider Whale," Garrett Jin, closed a ZEC short position 10 minutes ago, securing a final profit of $11.24 million, according to HyperInsight. The address currently maintains a 5x leveraged long position of 1,268.33 BTC, with an unrealized loss of $18.17 million. [Original link] Three key factors to monitor next: whether capital continues to flow in, whether on-chain trading volume and open interest continue to expand, and whether the project team or regulators release any new confirmation signals. A single news alert only indicates heightened sentiment; it is subsequent data that determines whether this momentum can solidify into a lasting trend. Risks must also be acknowledged: if trading activity and capital inflows fail to sustain, the market may quickly absorb this as a one-time pulse event. $btc #OnChainData #Regulation #Blockchain #CryptoMarket

ZachXBT identifies perpetrator behind phishing attacks targeting cryptocurrency company bankruptcy creditors · ZachXBT exposes the mastermind behind months-long phishing campaigns targeting bankruptcy creditors of cryptocurrency firms · Creditors of BlockFi, Genesis, and FTX were primary targets of deceptive emails and SMS messages · The perpetrator has been identified as a person known as "Danish" and several accomplices

[Topics in the Past Hour] ・ ZachXBT identifies the perpetrator behind phishing attacks targeting creditors of collapsed cryptocurrency companies ・ Following ZachXBT’s investigation, authorities seize $18.9 million from a cryptocurrency fraud group ・ President Trump acknowledges Iran’s maritime blockade—denies immediate lifting of sanctions