redemption

Real estate tokenization platform GromaCorp announced the launch of GromaCoin (GRO) on Uniswap v4, which is the first permissioned asset on Uniswap's automated market maker. GRO is paired with USDC, allowing verified investors to buy, sell, issue, and redeem on-chain at net asset value. GRO is an ERC-3643 security token issued on the Base network, with KYC and investor qualification rules embedded at the token level to prevent transfers to unapproved wallets.Each GRO represents a fractional ownership in the Groma Real Estate Trust, which is a regulated real estate investment trust (REIT) in the United States, focusing on multi-family residential properties, with assets primarily located in the Greater Boston and Providence areas. The trust's total asset value is nearly $95 million, with each GromaCoin having a net asset value of $1.07, and the portfolio includes over 125 to 150 income-generating properties, paying dividends quarterly, with a current yield of approximately 3.74%.Uniswap launched the Permissioned Pools framework on July 23, 2026, allowing asset issuers to operate managed whitelists and conduct compliance checks on-chain, with unverified wallets unable to participate in trading. GromaCoin is the first asset to adopt this framework and is currently only available to accredited investors. Groma has also partnered with Birch Hill and Morpho to allow holders to borrow USDC using GRO as collateral, with an initial supply cap of $5 million for this lending setup.

According to Threshold Network, the minting and redemption of tBTC has been temporarily suspended, and there are still sufficient assets to support it, with no financial losses reported. The cross-chain bridge wallet holds approximately 4,320 BTC, while the circulating tBTC is about 4,185. No unauthorized minting or Bitcoin transfer records have been found.Regarding the recently disclosed Linux kernel vulnerability CVE-2026-98432, this vulnerability may allow attackers to execute code remotely on unpatched servers. All tBTC node operators have completed server patching or temporarily shut down their nodes while waiting for the fixed version to be released. The team has not found evidence that this vulnerability has been used to attack tBTC nodes.Additionally, one node operator reported another security incident unrelated to the aforementioned kernel vulnerability, resulting in approximately 0.5 ETH being transferred from its Ethereum account used for paying transaction fees for its tBTC node. At the time, the node was offline, and the operator did not find evidence that the signing key materials were accessed. Threshold Network stated that Bitcoin transactions in the tBTC wallet require signatures from a majority of independent operators, and a single operator cannot transfer funds alone. The cross-chain bridge will reopen once security maintenance is completed and nodes are back online on the patched system. The team will provide the next update within 24 hours and will update earlier if the situation changes.

On October 31, the Bitcoin cross-chain protocol Threshold Network announced that it has temporarily suspended new BTC deposits and tBTC minting through the Threshold application, as well as new Bitcoin redemption requests. This arrangement is a precautionary measure before the completion of security maintenance.Threshold stated that pending redemptions may still be processed on the Bitcoin network, but final settlements on Ethereum have been paused, and some transactions may experience delays. During the suspension, users should not send BTC to previously generated deposit addresses, nor should they initiate new deposits, minting, or redemptions through other interfaces. Users who have deposited BTC should retain their deposit receipts and transaction hashes, avoid resending transactions to clear pending statuses, and can check the status in the in-app Explorer.This suspension does not affect the holding, transfer, or use of tBTC. Threshold stated that it will release confirmed updates through official channels and provide an estimated time for resuming normal operations when possible. Threshold Network is the issuer of tBTC, positioned as a trust-minimized Bitcoin cross-chain solution, with its official introduction stating that the cross-chain scale is approximately $5.2 billion, and the collateralized lending scale is approximately $2.4 billion.

Solana posted on platform X that Anchorpoint, a licensed stablecoin issuer in Hong Kong established by Standard Chartered Bank, Hong Kong Telecommunications, and Animoca Brands, will introduce the Hong Kong dollar stablecoin HKDAP to Solana. Solana stated that this is the first collaboration of HKDAP with a public blockchain.HKDAP will be natively minted and redeemed on Solana, with application scenarios covering retail payments to tokenized assets. The memorandum of understanding (MOU) signed by both parties will also provide a regulated channel for global capital to enter Hong Kong dollar payments, products, and tokenized assets. The Solana Foundation, as a strategic partner, will join Anchorpoint's Tokenised Money Adoption Programme together with PwC.

After a test transfer was completed, the reserve gap of the Liquid Network has narrowed to about 600 BTC. Samson Mow, a member of the Liquid Federation, stated that the remaining funds are expected to be in place within the next few days, but the recovery plan still requires full reserve backing before direct redemptions can be restarted.Previously, the Liquid Network experienced a security incident where attackers exploited a rangeproof verification cache vulnerability in Elements to issue approximately 4,000 L-BTC without providing sufficient Bitcoin backing, and transferred out about 4,000 BTC through the redemption channel of Federation member SideSwap. After the incident, the attackers have returned 3,400 BTC, with approximately 602 BTC still being recovered.Blockstream suspended the Liquid bridge nodes after the incident and notified exchanges to pause L-BTC deposits and withdrawals, subsequently deploying an emergency patch and releasing Elements v23.3.4 to fix the related vulnerabilities. Currently, trading on the Liquid Network has resumed, but direct redemptions remain suspended, with a reserve coverage ratio of about 85.8%.

The People's Bank of China Open Market Operations Office announced the establishment of a non-bank large redemption swap facility in the bond market, referred to as BNSF. The announcement stated that this move aims to implement a scientifically sound and robust monetary policy system and a comprehensive macro-prudential management system to maintain stability in the bond market. The relevant document is the People's Bank of China Open Market Operations Announcement [2026] No. 12.According to the announcement, in specific scenarios where asset management institutions face systemic liquidity risks and the bond market experiences systemic pressure, support will be provided to bank wealth management subsidiaries, public fund managers, or corresponding parent banks, securities parent companies, etc., to borrow central bank bills from the People's Bank of China for market repurchase financing, in order to purchase eligible bonds or product shares of public products that are being redeemed by their own company or asset management subsidiaries, and to pledge to the People's Bank of China. Participating institutions must continuously meet the requirements of prudent management in the financial market and maintain market discipline.

On October 24, the Canadian government published the draft "Stablecoin Regulations" in the Canada Gazette. The draft proposes to require regulated stablecoin issuers to allow eligible holders to redeem at face value, without setting a minimum redemption amount, and to complete the redemption process within three business days of receiving the request, with redemption fees not exceeding 1%.If there is insufficient liquidity in the reserve asset market, issuers may limit the daily redemption amount under specific conditions. The draft also requires issuers to maintain at least a 1:1 ratio of qualified reserve assets and prohibits providing interest or returns linked to holding behavior directly or through third parties to holders. The relevant rules are currently in the public consultation phase and are planned to be implemented in the fall of 2027.

On-chain treasury protocol Ducat tweeted that the team has decided to gradually shut down the protocol. The protocol design includes a price floor mechanism, and during the shutdown process, the team will prove that Ducat is fully backed by the treasury.The official team has taken a snapshot of the holders, and those who meet the criteria can redeem the corresponding fair value within the treasury without a cooling-off period. Tokens purchased from the liquidity pool after the snapshot will not be eligible for redemption.

The Internet of Things public chain IoTeX announced the launch of IOTX supply integration and the IOTX Redemption Portal. Users can exchange the ERC-20 IOTX issued on Ethereum in 2018 at a 1:1 ratio with zero fees for the native IOTX on the IoTeX mainnet. After completing the connection, sending, and signing, the native tokens will be sent to the same address.IoTeX stated that IOTX was issued in 2018 in the form of Ethereum ERC-20. A year later, the IoTeX mainnet went live, and the native IOTX is used to pay for Gas, secure network safety through staking, and complete settlements on IoTeX L1. Since the 2018 contract is still in circulation, IOTX has coexisted in two forms for a long time, and this integration aims to unify the supply.IoTeX also mentioned that the European fintech company Revolut has supported native IOTX, with over 70 million global customers; the licensed exchange in Thailand, Bitkub, has also supported it. Both have joined platforms that already support native IOTX, such as Binance, Upbit, Bithumb, and Kraken.

According to Bitcoin.com, the LBTC exchange operation for the Bitcoin sidechain project Liquid Network has been suspended for 35 days. As of October 11, 2026, the project still maintains an 86% support rate; attackers previously exploited a vulnerability in the Elements software to steal nearly 4,000 bitcoins, of which approximately 3,400 have been returned, while the wallet still holds 598.5 bitcoins, valued at 49.69 million dollars.Blockstream rejected the attackers' request for a 10% bounty and demanded the immediate return of the remaining bitcoins. Liquid Network stated that an independent external security audit of Elements v23.3.4 is underway, and the Liquid Federation is synchronizing updates to the PAK list, placing all redemption keys in cold storage.There is currently no specific date for the resumption of redemption operations. Some LBTC holders are migrating funds through applications like Sideswap and Sideshift.ai, with one user stating that due to insufficient liquidity, the migration took several weeks, with a total spread and fees of about 5%.

According to The Defiant, Kinetiq announced the termination of the kPoints reward mechanism, transitioning to a paid redemption model. Users holding points have 10 days to participate in the distribution of a total of 50 million tokens at a price of $0.26 per KNTQ.Based on this price, if the full allocation is distributed, this issuance could bring approximately $13 million in revenue to the project team. Meanwhile, the market price of KNTQ has dropped by 23%, as the token shares that could previously be obtained through point accumulation now require actual payment to acquire.

According to Drift Foundation monitoring, DFX claims and redemptions are now online. Users who have verified losses from the April 1 incident can receive 1 DFX for every 1 USDT lost. Each DFX corresponds to a claim on the Recovery Pool, which currently contains approximately 3.11 million USDT. The funding sources include a portion of the daily net income from the Velocity protocol, up to 127.5 million USDT from Tether, up to 20 million USDT from strategic partners, and assets recovered subsequently.DFX can be redeemed for USDT based on the formula "Recovery Pool balance ÷ DFX outstanding supply." The redeemed DFX will be destroyed, and the transaction is irreversible. The claims window will close on January 1, 2028, at 00:00 UTC, at which point any unclaimed DFX will be destroyed. Yesterday, the Drift Foundation announced the progress of fund recovery from the April 1 security incident, revealing that approximately 295 million dollars of user assets were stolen. The foundation has engaged Mandiant, zeroShadow, and SEAL 911 to conduct investigations and fund tracking, with Mandiant identifying the attacker as the North Korean threat group UNC6862.

The cryptocurrency exchange BitMart has released a preliminary intention plan, stating that it will review its assets and liabilities and formulate response arrangements starting from August 2026. The plan was formed during the initial due diligence conducted by Alvarez & Marsal and White & Case; users can choose front-end allocation or potentially higher recoveries from sources that may be recovered and liquidated later. The management team stated that they will continue to cooperate.BitMart stated that the total market value of the cryptocurrency market decreased in 2026, with volume manipulation groups profiting from commission and zero slippage policies in contract business, while fee-based services turned into losses; a hacker attack in December 2021 resulted in a balance sheet gap of approximately $319.5 million based on the value as of December 4, 2021. Starting from May 2026, social media attacks triggered panic withdrawals, and related personnel faced risks of personal information leakage. After evaluating a $10 million liquidity proposal from an investor, the management deemed it insufficient to cover operational pressures and gaps.The plan proposes to convert outstanding account balances into dollars based on the weighted average price from July 26, 2026, to the time of recording, to be verified by an independent party appointed by the court. Users can receive a proportional front-end allocation of fiat currency, USDC, PYUSD, USDT, and liquid assets such as BTC, ETH, SOL, or participate in the recovery of stolen assets by exchanging for recovery tokens at a rate of 1 unit per $1, or exchange for continuation tokens that can be traded on decentralized exchanges, corresponding to investment rights, non-standard asset liquidation, and a portion of distributable profits after business restart. In the next three to four weeks, feedback will be solicited from the top 50 users, and a report on the expected recovery ratios for each option will be compiled.

Solv Protocol recently released a statement regarding the controversy over single redemptions of BTC+, stating that the subscription and redemption mechanism for BTC+ is currently operating normally, and the related incident was triggered by a single transaction that activated risk control review.Solv indicated that the assets related to the involved BTC+ are still fully retained within the protocol and have not been transferred, destroyed, or disposed of, and are undergoing review according to established risk control procedures. The official emphasized that the handling of the case will be based on verifiable information and evidence, and judgments will not be made based on social media identities or unilateral public statements. If necessary, they will cooperate with legal and judicial procedures while continuing to ensure the normal operation of BTC+ with asset security and unified risk control standards.

User @neillee99 posted that the approximately 50 BTC held in Solv Protocol cannot be redeemed normally. The user stated that on July 8, 2026, they withdrew about 50 BTC from Binance, which was converted into SolvBTC and BTC+, aiming to earn about 3% annual yield by holding BTC+, without engaging in complex transactions.The user claimed that after the deposit, the minting and redemption functions of BTC+ suddenly paused. On July 13, a security incident occurred with BTC+, and they inquired in the official community on July 18 and July 20, but received no effective response. On July 22, Solv Protocol publicly disclosed the incident and stated that user assets were not harmed. On July 31, the project team announced the restoration of related functions, and staff informed that redemption could be initiated, but their address remained restricted, and the approximately 50 BTC corresponding assets could not be redeemed.The user stated that since July 31, they have continuously communicated through the official Discord, Telegram, and email, submitting materials such as proof of funds, transaction records, and wallet control. There have been about 60 emails exchanged between both parties, with about 50 sent by them. After contacting relevant personnel in September, they still did not receive an effective response. Their request is to lift the restrictions and restore normal redemption, while also stating that they initially came into contact with BTC+ through the BTC earnings-related page of Binance Web3 Wallet, and calling on Solv Protocol, Venus Protocol, and relevant investors and ecosystem parties to pay attention to the progress of the handling.

According to Bitcoin.com, Canadian Bitcoin exchange and wallet company Bull Bitcoin stated that due to the Liquid Network attack on September 6, users are currently unable to exchange L-BTC back to Bitcoin through the platform, and the redemption operation is still pending recovery. Bull Bitcoin expects that the related exchange services may resume within 30 days, but stated that this expectation is not a guarantee.Due to reliance on the L-BTC redemption mechanism to balance inventory, the platform has temporarily closed inbound Lightning Network payments. In this attack, the attacker transferred nearly 4,000 Bitcoins out of the protocol, later returning about 3,400; they currently still hold 598.5 Bitcoins, worth over 51 million dollars. Liquid Network stated on September 17 that block production, network transactions, and L-BTC transfers have returned to normal.

Neutrl announced that holders of NUSD and sNUSD can now submit redemption requests through the official Neutrl redemption portal, subject to applicable terms and conditions. The redemption plan offers a fixed redemption rate based on previously disclosed liquidity reserves, and users who complete the redemption will receive USDC, with the corresponding NUSD or sNUSD being burned.Users must connect the wallet holding NUSD or sNUSD and sign an on-chain message to verify ownership; the portal will provide applicable redemption details before submission. This redemption plan is expected to remain open until November 14, 2026, and users should carefully review the complete terms on the portal before submitting.The redemption contract has been reviewed by a third-party security auditing firm. Users should ensure they only interact with the official Neutrl redemption portal URL before connecting their wallet, signing messages, or submitting transactions. Neutrl is operated by Caverna Auctus Inc.

Johann Kerbrat, head of cryptocurrency operations at Robinhood, stated on the X platform on Monday that physical redemption and voting rights are on the roadmap for Robinhood Stock Tokens. He mentioned that the first step is to expand the adoption of Stock Tokens, and the team is working on a 1:1 conversion of stocks and granting voting rights to eligible holders. Robinhood CEO Vlad Tenev subsequently retweeted the post.Currently, Stock Tokens are not stocks but tokenized debt securities issued by a Jersey issuer based on a prospectus, settled in cash upon redemption, and holders do not enjoy shareholder rights such as voting rights. According to the prospectus released on June 25, the issuer may lend the underlying stocks to major borrowers, during which the voting rights will be waived. Kerbrat emphasized that all Robinhood Stock Tokens are backed by real stocks in custody at a 1:1 ratio.In terms of data, Kerbrat stated that the TVL of Stock Tokens has exceeded $170 million, and the DEX trading volume on Robinhood Chain is close to $50 billion. Robinhood currently offers over 190 stock tokens, with Alpaca Securities as the custodian and Bitstamp Global as the authorized participant. The voting function will be realized through its shareholder participation platform, Say by Robinhood.