merkl

On October 19, the team from the fully homomorphic encryption company Zama announced that users participating in the incentive distribution platform Merkl on the Zama confidential vault can now directly receive cZAMA rewards in the Zama app. The rewards are settled through confidential transfers, and both the positions and the reward amounts remain confidential from deposit to distribution.In September 2026, Zama launched confidential access to 16 selected vaults on the lending protocol Morpho and initiated the first batch of confidential incentives with Merkl, where rewards are calculated based on encrypted balances. When depositing into eligible vaults, users can activate additional incentive options, granting viewing permissions for Merkl to read encrypted balances to calculate rewards without disclosing personal positions. This permission is enabled by default on the deposit interface, and deposits not shared with Merkl do not qualify for incentives.Confidential vaults accumulate based on the user's confidential vault shares and can be claimed during the ongoing activity; existing public vaults with confidential access have rewards collectively obtained by the vault packaging contracts, which are distributed after the activity ends. Zama recommends claiming confidential activities at the end to reduce multiple on-chain fees. Taking the Flowdesk Confidential High Yield USDT vault on Morpho as an example, the related activity ended on October 12, and eligible depositors can now claim their rewards. Users need to check their earnings in Merkl using their wallet and complete the claim in the Zama app by connecting the same wallet; the amount received will not be publicly disclosed on-chain.

According to the latest Merkle Tree Proof of Reserves (PoR) data from Huobi HTX, as of October 1, 2026 (UTC+8), the reserve ratios of various mainstream assets on the platform remain above 100%, continuously ensuring the safety of user assets with sufficient reserves and committing to 100% redemption, ensuring that users can trade and withdraw at any time. As one of the earlier platforms in the industry to continuously disclose Merkle Tree Proof of Reserves, Huobi HTX has publicly disclosed PoR data to the market for 48 consecutive months, enhancing platform transparency in a long-term and verifiable manner.The specific updated reserve ratios are as follows: BTC (104%), ETH (102%), TRX (108%), USDs (104%), HTX (103%), XRP (105%), DOGE (102%), SOL (109%). Users can visit the "Assets - Proof of Reserves Report" page on the Huobi HTX official website to view this information.Since April of this year, to further enhance the visual presentation of US dollar asset reserve data, Huobi HTX has unified the display of USDT, USDC, and other US dollar stablecoins as "USDs." The asset data of each currency remains independently recorded and verified to ensure that the reserve information is authentic, clear, and traceable.

According to the latest Merkle Tree Proof of Reserves (PoR) data from Huobi HTX, as of September 1, 2026 (UTC+8), the reserve ratios of various mainstream assets on the platform remain above 100%, continuously ensuring the safety of user assets with sufficient reserves and committing to 100% redemption, ensuring that users can trade and withdraw at any time. As one of the earlier platforms in the industry to continuously disclose Merkle Tree Proof of Reserves, Huobi HTX has publicly disclosed PoR data for 47 consecutive months, enhancing platform transparency in a long-term and verifiable manner.The specific updated reserve ratios are as follows: BTC (104%), ETH (102%), TRX (109%), USDs (102%), HTX (103%), XRP (104%), DOGE (101%), SOL (103%). Users can visit the "Assets - Proof of Reserves Report" page on the Huobi HTX official website to view.It is worth mentioning that starting from April this year, to further enhance the visual representation of US dollar asset reserve data, Huobi HTX has unified and aggregated USDT, USDC, and other US dollar stablecoins as "USDs" for display. The asset data of each currency remains independently recorded and verified to ensure that the reserve information is authentic, clear, and traceable.In the future, Huobi HTX will continue to adhere to the 1:1 reserve principle, using verifiable data, traceable on-chain assets, and a regular information disclosure mechanism to continuously enhance asset transparency, allowing users to see reserves, verify assets, and use them with greater peace of mind.

Slow Fog's Yu Xian posted on the X platform stating that the reason for the Verus theft may be that the attacker constructed a forged Merkle proof, which passed the verification of the Verus Ethereum bridge (not open source), thus successfully withdrawing funds (ETH/tBTC/USDC). Specific details need to be further verified.

The blockchain interoperability protocol Hyperbridge disclosed details of the previous DOT attack incident, resulting in a loss of approximately $237,000. The root of the vulnerability lies in the HandlerV1 contract's VerifyProof() function, which lacks input validation and does not verify the leaf_index leafCount, allowing attackers to forge Merkle proofs.Using this, the attacker gained administrator privileges for the DOT token bridging contract on Ethereum, subsequently minting 1 billion bridged DOT (which is about 2800 times the legitimate circulation of approximately 356,000) and cashing out on decentralized exchanges. Hyperbridge stated that it is currently working with security partners to trace the funds, and cross-chain functionality will remain suspended until the investigation is completed.

According to Arkham data, at 06:13, 113 million MOVE (worth approximately 2.95 million USD) was transferred from MerkleVester to Movement Network.

In response to recent market rumors, Farcaster founder Dan Romero clarified in a post that Farcaster has not shut down, the protocol is currently running normally, and it will continue to operate in the future. Data shows that Farcaster had approximately 250,000 monthly active users (MAU) in December 2025, with over 100,000 wallet addresses on-chain that have funds.Romero stated that the acquirer of Farcaster, Neynar, is a venture-backed startup that plans to push Farcaster in a more developer-oriented direction in the future, rather than terminating the project. Additionally, Romero discussed his other project, Merkle, stating that the team has decided to fully return $180 million in funding to investors. He mentioned that over the past five years, the team has consistently worked to be responsible stewards of investor funds. Romero also clarified that the funds he used to purchase property came from the proceeds of the Coinbase IPO, addressing external speculation.

Hourglass posted on the X platform that the second phase of the Stable pre-deposit refund activity has been launched, and users can apply for refunds through the Merkl platform.In addition, Hourglass stated that the first $1,000 of each deposit in the second phase will be fully accepted, while the amount exceeding $1,000 will be split with approximately 45% included as a deposit and the remaining 55% refunded.According to previous news, over 24,000 wallets (with a total deposit amount of approximately $1.74 billion) have successfully passed the preliminary wallet screening in the second phase of the Stable pre-deposit activity.

ChainCatcher news, according to the official website, Huobi HTX announced the latest monthly Merkle tree asset reserve proof (PoR) audit report on October 1. As of October 1, 2025, the platform has disclosed the reserve status of 10 mainstream assets, with an overall reserve ratio maintained above 100%. Huobi HTX has publicly disclosed reserve data for 36 consecutive months, continuing its robust and transparent asset management strategy.This month, Huobi HTX added asset reserve data for USDC and WLFI, with reserve ratios reaching 100% and 103%, respectively, further enhancing the platform's reserve asset matrix. USDT, as the core stablecoin of the trading market, has a reserve ratio of 101% this period, corresponding to 1.417 billion assets in the Huobi HTX account, demonstrating outstanding excess reserves.The reserve ratios for the remaining updates are: BTC (100%), ETH (100%), TRX (103%), HTX (100%), XRP (103%), DOGE (100%), SOL (101%). Users can visit the Huobi HTX official website's "Asset - Proof of Reserve Report" page at any time to view the monthly updated reserve proof reports. Huobi HTX will continue to uphold its commitment to "openness, transparency, and security," providing a more trustworthy trading environment for global users.

ChainCatcher news, according to the official Huobi HTX website, Huobi HTX announced its latest monthly Merkle Tree Proof of Reserves (PoR) audit report on June 1. As of June 1, 2025, the platform's overall reserve ratio remains stable at over 100%, continuously ensuring the safety and transparency of user assets. Among them, USDT user assets are approximately 1.75 billion, with platform reserves exceeding 1.77 billion, achieving positive asset growth for three consecutive months, showing impressive performance.The specific updated reserve ratios are: BTC (101%), ETH (100%), TRX (105%), USDT (101%), HTX (102%), XRP (100%), DOGE (100%), SOL (101%).As one of the earliest platforms in the industry to adopt the Merkle Tree verification mechanism, Huobi HTX has publicly disclosed reserve data for 32 consecutive months. Users can visit the Huobi HTX official website's "Assets - Proof of Reserves Report" page at any time to view the monthly updated reserve proof reports.In the future, Huobi HTX will continue to promote the transparency of assets, providing users with a safer and more reliable trading environment.

ChainCatcher news, according to the official Huobi HTX website, the Merkle tree asset proof updated by Huobi HTX on May 1 shows that the reserve ratios of several mainstream assets remain above 100%. The specific updated reserve ratios are: BTC (101%), ETH (100%), TRX (105%), USDT (101%), HTX (104%), XRP (101%), DOGE (100%), SOL (101%). Among them, USDT user assets amount to 1.52 billion, and the platform's reserves reach 1.53 billion, achieving a significant growth of over 30% compared to last month, indicating a continued strengthening of the platform's attractiveness.Huobi HTX has sufficient, safe, and stable overall asset reserves. As one of the earliest platforms in the industry to adopt the Merkle tree verification mechanism, Huobi HTX has publicly disclosed reserve data for 31 consecutive months. Users can visit the "Assets - Reserve Proof Report" page on the Huobi HTX official website at any time to view the monthly updated reserve proof reports. In the future, Huobi HTX will continue to strengthen asset transparency by regularly disclosing PoR data every month, continuously enhancing user trust and platform transparency.

ChainCatcher news, according to the official Huobi HTX website, the Merkle tree asset proof updated by Huobi HTX on April 1 shows that the overall asset reserve ratio of the platform remains above 100%, and the platform's security strength continues to enhance. The specific updated reserve ratios are: BTC (101%), ETH (100%), TRX (105%), USDT (101%), HTX (105%), XRP (101%), DOGE (100%), SOL (101%).The data shows that the overall asset accumulation of Huobi HTX has increased significantly, with USDT user assets growing from approximately 665 million to 1.15 billion, an increase of over 73% compared to March, indicating a strong trend of net inflow of user assets, reflecting users' continued trust in the platform and increased asset holdings.It is reported that a reserve ratio of 100% or above means that the platform is capable of 100% redeeming user assets, which is an important indicator of the platform's safety and transparency. As one of the earliest platforms in the industry to adopt the Merkle tree verification mechanism, Huobi HTX has publicly disclosed reserve data for 30 consecutive months. Users can visit the Huobi HTX official website's "Assets - Reserve Proof Report" page at any time to view the monthly updated reserve proof reports.

ChainCatcher news, according to the official Huobi HTX website, Huobi HTX has updated the Merkle tree asset proof data for March 2025. The data shows that the reserve ratios of major mainstream assets have fully exceeded 100%, ensuring the long-term protection of user asset security.The specific updated reserve ratios are: BTC (101%), ETH (101%), TRX (105%), USDT (102%), HTX (105%), XRP (101%), DOGE (100%), SOL (101%).As one of the earliest platforms in the industry to adopt the Merkle tree verification mechanism, Huobi HTX has publicly disclosed reserve data for 29 consecutive months, continuously strengthening transparent management. Users can visit the "Assets - Reserve Proof Report" page on the Huobi HTX official website at any time to view the monthly updated reserve proof reports and understand the platform's financial status in real-time.By regularly disclosing reserve data, Huobi HTX continuously enhances transparency and security standards, solidifying the foundation of user trust while promoting the healthy and orderly development of the industry. The platform's financial strength is robust, consistently fulfilling its long-term commitment to safeguarding user asset security.

ChainCatcher message, SOON Network introduces Merkle trees into the SVM execution layer, enabling clients to provide inclusion proofs. SOON integrates the state root directly into the SVM-based blockchain using unique entries, along with historical proof sets.With this innovation, the SOON stack can support new SVM-based Rollups, featuring enhanced security, scalability, and practicality. By integrating merklization, SOON addresses the lack of a global state root in Solana, achieving essential functionalities such as inclusion proofs for fault proofs, secure withdrawals, and stateless execution.Additionally, the merklization design in SVM by SOON can enable light clients on SVM-based chains, and certain designs may even assist in bringing light clients to the main chain.

ChainCatcher news, according to DL News, Ryan McMillin, the Chief Investment Officer of the crypto fund management company Merkle Tree Capital, stated that meme coins will dive deep into a bull market, and two president-themed meme coins will be actively traded in the coming months, potentially helping Sol reach $400 before the November U.S. elections.He added, "While memes may be a joke and a short-term speculative tool, they are paving the way for other more sustainable use cases, such as the tokenization of real-world assets. As the U.S. Treasury takes action to strengthen the economy, more liquidity will hit the market, thereby supporting the price of Solana, which means investors will have more funds to trade high-risk assets like cryptocurrencies."

ChainCatcher message, LayerZero's official Discord announced that using Merkly does not mean the airdrop automatically becomes 0. If you have only used Merkly, you are likely a witch. Real users operating normally have no issues.It is reported that the NFT cross-chain service Merkly is one of the ecosystem projects listed on LayerZero's official website, but in LayerZero's self-report, Merkly, L2Pass, L2 Marathon, and others are regarded as witch mining applications.

ChainCatcher news, the Aptos ecosystem decentralized trading platform Merkle Trade has completed a $2.1 million seed round financing, led by Hashed and Arrington Capital, with participation from Morningstar Ventures, Amber Group, Aptos Labs, Re7 Capital, and Dorahacks. This round of financing will take place after the platform's launch at the end of 2023, and the funds will be used for the protocol's growth plans.According to the RootData page, Merkle Trade is the first gamified perpetual decentralized exchange built on Aptos. The platform aims to become the largest decentralized leverage trading hub, emphasizing user-friendliness and accessibility.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on Warpcast that the milestone for basic rollup scaling has been achieved, and the next milestone may be verkle trees and history expiry.

ChainCatcher news, according to the Huobi HTX page, Huobi HTX has updated the Merkle tree asset proof data for March 2024. The specific reserve ratios for this update are: USDT 100% (Huobi assets 611,895,890), BTC 101% (Huobi assets 26,196), ETH 102% (Huobi assets 112,481), TRX 103% (Huobi assets 9,717,203,329). Among them, the USDT and ETH data include stUSDT, USDT-T-Bills assets, and BETH, stETH.Currently, the reserve ratios of Huobi HTX are all maintained above 100%, meaning that Huobi wallet assets exceed the total amount of assets held by users, and Huobi HTX has sufficient reserves to ensure the safety of user assets. Huobi HTX will continue to regularly disclose this information to the public, ensuring that users can safely deposit and withdraw their assets anytime and anywhere.