nil

The founder of the cryptocurrency trading platform Gate, Han Lin, published an article sharing thoughts on fund security, proposing the Vault solution. The core principle is to prevent any party from having the ability to unilaterally access the funds. The private key is split into three shards through MPC, held respectively by the user’s device, Gate, and a disaster recovery party. The complete private key will not appear in any single location.Han Lin stated that since 2026, there have been over 600 security incidents, resulting in losses exceeding 8 billion dollars. In September alone, the losses amounted to 768 million dollars, and October is not yet over, with monthly losses already exceeding 6 billion dollars. More than 60% of the losses in the first half of the year were due to private key breaches and phishing, while code vulnerabilities accounted for just over 10%. In October, a hardware implant attack targeting distribution channels caused users to lose nearly 100 million dollars.The solution sets a 48-hour delay for Vault withdrawals, during which users can freeze their accounts at any time. If a user’s device is lost or the backup password is forgotten, Gate and a third party can assist in recovery after the user completes identity verification. If Gate services are unavailable, users can use device shards combined with third-party shards to recover assets through open-source tools. Han Lin expressed that the platform is willing to open up this architectural idea and the real user scenarios encountered for discussion among peers.

UPBIT will launch Nillion (NIL) on October 27 at 16:40 and support KRW trading. Users need to confirm using the Ethereum network for NIL deposits and withdrawals.

According to the token unlocking data from the crypto asset data platform RootData, Nillion (NIL) will unlock approximately 16.15 million tokens at 0:00 Beijing time on October 24, worth about 1.34 million USD.

Nillion announced on platform X that its L2 network will soon cease operations and reminded users holding NIL or ETH to transfer their assets to the Ethereum Layer 1 network (L1) as soon as possible before the network shuts down.

UPBIT will list BICO, BMT, NIL, GWEI on August 21 at 13:00 and support BTC and USDT trading. Please note that deposit requires network confirmation, and trading support may be delayed due to insufficient liquidity.

According to Binance spot market data, the market has experienced significant fluctuations. NIL has increased by 7.78% in the last 24 hours, while reaching a bottom rebound state. ATOM, WLD, and MVLLB have also reached new highs today, with increases of 5.82%, 5.06%, and 6.3%, respectively.In addition, BARD has shown a "high and then low" state, with a decrease of 7.24% in the last 24 hours, while AT has reached a new low today, with a decrease of 12.19%. Other tokens such as INTWB and INTCB have increased by 10.02% and 5.33%, respectively.

The TRON network's Nile testnet has officially launched the post-quantum signature feature following the proposal from Committee No. 20628, with FN_DSA_512 enabled on the Nile testnet. This marks a new advancement for TRON in the validation of quantum-resistant cryptography and the evolution of testnet functionalities.TRON welcomes developers to experience the new features on the Nile testnet and to conduct testing and validation in conjunction with the post-quantum signature usage guidelines. The official reminder states that the related features are currently only effective on the Nile testnet and have not yet been launched on the mainnet.

The TRON Nile testnet has recently launched a quantum-resistant upgrade and released the mandatory upgrade version GreatVoyage-v4.8.2-PQ1-build1. This version introduces post-quantum signature capabilities for the first time, supporting two signature algorithms: Falcon-512 and ML-DSA-44, further advancing TRON's technological exploration and capability verification in the direction of quantum resistance.According to the official introduction, the aforementioned capabilities can be applied in scenarios such as transaction signing, SR block signing, P2P relay node handshakes, and TVM contract verification. TRON reminds developers who have deployed nodes on the Nile testnet to complete the version upgrade as soon as possible. Meanwhile, the related new features will only take effect on the Nile testnet after being approved through proposal voting; the activation of testnet functions does not mean that the mainnet will go live simultaneously.

Binance has now completed the integration of Nillion (NIL) on the Ethereum network (ERC20) and has opened the deposit and withdrawal services for ERC20 NIL tokens. Please note that the deposit and withdrawal services for the mainnet NIL tokens will no longer be supported.

According to token unlock data from the Crypto asset data platform RootData, Nillion (NIL) will unlock approximately 11.865 million tokens at 0:00 Beijing time on March 24, worth about 6.66 million USD.

According to monitoring by Hyperinsight, the whale address starting with 0xcac has recently undergone a significant shift in its holding structure.Previously, this address engaged in neutral arbitrage operations for a long time, earning the funding rate difference by selling BTC spot and closing short positions, or buying spot and increasing short positions. After the BTC price fell below $73,000, it began to increase short positions unidirectionally and no longer hedged. Currently, it still holds about $11 million in ETH and BTC spot, while the total scale of short positions has expanded to $34.9 million.Its main positions are 20x BTC short: the position size reaches $15.7 million, with an average price of $89,900, an unrealized profit of $4.3 million (548%), and a funding rate settlement recorded at $1.76 million. 10x HYPE short: the position size reaches $11.8 million, with an average price of $33.6, an unrealized loss of $450,000 (-38%), and a funding rate settlement recorded at $350,000. 20x ETH short: the position size reaches $7.04 million, with an average price of $4,011, an unrealized profit of $6.64 million (1886%), and a funding rate settlement recorded at $1.35 million.

Binance will suspend the deposit and withdrawal services of Nillion (NIL) tokens on its mainnet on March 20, 2026, at 11:00, and will support its integration on the Ethereum (ERC20) network.Once the network integration is complete, Binance will announce the opening time for deposits and withdrawals of ERC20 NIL tokens, at which point the deposit and withdrawal services for NIL mainnet tokens will no longer be supported. During the suspension period, NIL spot trading, margin trading, and contract trading services will not be affected.

Sonic Labs has issued a statement regarding recent public comments about Andre Cronje and the Sonic network. In 2018, a Korean team initiated an ICO for Fantom (now renamed Sonic), which failed to deliver a fully functional product due to mismanagement, resulting in the depletion of a significant amount of funds. Andre Cronje joined in June 2018 and rebooted Fantom. At the time Andre joined, the treasury held less than $5 million in non-FTM assets, which grew to nine figures between 2020 and 2021.Sonic Labs further stated that Andre did not design the original Fantom token economic model; the model was created by the original Korean team in 2018 and later modified through on-chain governance. Andre does not unilaterally hold or control the Sonic development fund. Andre has never abandoned Fantom/Sonic, designed the original technology, expanded the funding, and continues to serve as a technical advisor, regularly providing guidance to the technical team. There is no instance of fund misappropriation.

Huobi HTX has released a statement regarding the unilateral asset transfer by the Flow (FLOW) project team.Huobi HTX stated that on December 27, 2025, a protocol layer vulnerability in the Flow network led to a large amount of FLOW being illegally minted. After the incident, the platform proactively verified the situation with the project team to confirm whether there were any anomalies, and actively cooperated with risk management and on-chain tracking efforts. At the same time, the risk control and monitoring systems continuously tracked suspicious fund flows and took restrictive measures on identifiable hacker-related assets, making every effort to prevent further inflow into the market and protect the overall interests of token holders.However, the Flow project team unilaterally initiated the "Isolated Recovery" plan without fully communicating with the exchange and users, forcibly transferring FLOW assets from centralized exchange addresses, including Huobi HTX, through protocol layer permissions, and plans to destroy them on January 30, 2026.Huobi HTX emphasizes that the forcibly transferred and intended-to-be-destroyed assets include a large amount of FLOW obtained by ordinary users through legitimate market transactions. The actions of the Flow project team seriously deviate from the principles of decentralization and clear property rights, setting a bad precedent for the security boundaries of industry assets, and severely damaging the legitimate asset rights and interests of the platform and its users. Huobi HTX calls on the Flow project team to adhere to the spirit of decentralization, respect the legitimate rights and interests of users and exchanges, clearly distinguish between illegal minting and legal holdings, publish a complete and auditable post-event analysis, and resolve outstanding issues through active negotiation rather than unilateral technical means.

The TRON official announcement states that the java-tron v4.8.1 pre-release version has officially launched on the Nile testnet and is a mandatory upgrade, urging all Nile nodes to complete the update as soon as possible.This upgrade covers multiple key modules including consensus core, virtual machine, network, event service, and API, aiming to further enhance the overall capabilities of the TRON network in terms of performance, security, and cross-architecture compatibility.According to the official website of the Nile testnet, this upgrade has comprehensively improved the TRON network's performance in architecture compatibility, virtual machine security, network stability, event and API query capabilities, and development toolchain: new ARM architecture support has been added, the SELFDESTRUCT instruction has been adjusted with TIP-6780, optimizations have been made for P2P communication and event queries, and the block receipt and SR ticket query interfaces have been expanded. The toolchain upgrade further enhances the overall performance and maintainability of the system.It is important to note that the new proposals in the Nile testnet GreatVoyage-v4.8.1 must be decided through on-chain governance voting before they can take effect on the testnet. Whether they will be enabled on the mainnet will depend on the upgrade progress and governance results.

Nillion confirmed that an unauthorized sale of NIL tokens by a market maker occurred yesterday. The Nillion Association has initiated a buyback plan using treasury funds and has committed to taking legal action while freezing the relevant accounts and wallets.

Nillion officially stated regarding the abnormal fluctuations in the NIL price that there has been no transfer of team tokens or treasury tokens, and all Nillion wallets remain completely secure. The network is operating normally and will not be affected. External variables are under investigation, and the results will be announced as soon as possible.

Market data shows that NIL briefly fell below 0.12 USDT, currently reported at 0.114 USDT, with a 24H decline of nearly 50%. In addition, regarding the sharp drop in NIL prices, the official statement indicated that neither team tokens nor treasury tokens have been transferred.