zkLink Nova confirms its cross-chain bridge was exploited, with the official offering a 20% white hat bounty.
zkLink announced that it has confirmed an ongoing attack on the Arbitrator contracts of zkLink Nova deployed on Ethereum and Optimism. Its technical team is taking urgent action to contain losses. The official called on the attacker to cease further exploitation of cross-chain contracts and return the affected funds; cooperation in returning the funds will earn a 20% white hat bounty, with no further action taken against the attacker. Earlier, security firm SlowMist issued a security alert noting the incident has caused approximately $783,100 in losses. The root vulnerability stems from the Arbitrator contract’s claimMessage function not clearing the temporary finalizeMessageHash and not requiring each call to go through a new authentication callback. Attackers exploited the publicly callable authorized SyncL2TxHashRelayer to inject a forged batch root and siphon assets.
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Microsoft launches 10 tranches of US dollar high-grade bond offerings, pre-market gains narrow to 1.3%
Microsoft has launched a 10-tranche U.S. dollar high-grade bond offering, its first since 2017. According to data from BIT Stock Platform, Microsoft’s pre-market gain narrowed to 1.3% after rising more than 4% earlier. BlockBeats Note: Microsoft has kicked off a 10-tranche bond offering in the U.S. dollar investment-grade (high-grade) bond market, with broad use of proceeds including capital expenditure, share buybacks, mergers and acquisitions, or refinancing. Despite holding ample cash, the company still chose to issue bonds, mainly to support large-scale capital investment in its AI and cloud businesses while maintaining financial flexibility.
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HYPE Treasury Company’s PURR mNAV returns to 1, trading at an approximate 1.1% premium relative to its underlying net asset value.
Hyperliquid Strategies (PURR), the treasury firm behind HYPE, has seen its market net asset value multiple (mNAV) rebound above 1. Data from the BIT Stock Platform shows its current mNAV is approximately 1.011, a 1.1% premium over net asset value. PURR trades at around $10.93 per share, with a net asset value per share of $10.81, corresponding to HYPE at roughly $85.96. Today, HYPE has continued to surge, once breaking above $87, driven by news that ICE, the parent company of the New York Stock Exchange, plans to partner with Trade.xyz to introduce perpetual contract products into the regulated U.S. market.
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Bank of Russia: Usage restrictions on non-custodial crypto wallets do not apply to international settlements.
According to TASS, Vladimir Chistyukhin, first deputy governor of Russia’s Central Bank, said that restrictions on non-custodial wallet use in Russia’s proposed cryptocurrency bill do not apply to international settlements, with non-custodial wallets still permitted in such cases. Chistyukhin added that while the legislative process considered allowing Russian investors to use non-custodial wallets, the final decision banned investors from directly using these wallets for investments to mitigate money laundering risks and enhance regulation. Users can still transfer crypto assets from domestic custodial wallets to custodial wallets in overseas infrastructure, then to non-custodial wallets.
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HYPE continues its rally, breaking above $87, surging over 10% in the past hour.
According to HTX market data, HYPE has continued its rally, surging over 10% in the past hour to break through the $87 mark. Earlier news indicated that ICE, the parent company of the New York Stock Exchange, plans to partner with Trade.xyz to introduce perpetual contract products into the U.S. regulated market.
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Lista DAO: Smart lending market and StableSwap v3 liquidity pools are fully live.
According to official news, ListaDAO announced in a post that its smart lending markets and StableSwap v3 pools are fully launched, covering 8 pools and 18 markets on BNB Chain and Ethereum. Lista DAO stated that concentrated liquidity allows deposits of the same size to earn more trading fees, and liquidity providers (LPs) can borrow while generating fees, with a maximum liquidation loan-to-value (LLTV) ratio of 96.5%.
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