shield

Cross-chain trading protocol NEAR Intents stated in a post on X that on September 24, Bitget was attacked, resulting in approximately $387.5 million in funds being stolen, most of which were aggregated into Ethereum and converted to ETH. The hacker attempted to transfer over $50 million through NEAR Intents, but ultimately only $166,000 was successfully transferred, while $503,000 was intercepted during the execution process.NEAR Intents indicated that the relevant data comes from on-chain tracking tools, Arkham, internal logs, and risk control layer SHIELD, among other sources. The figures listed are rounded estimates, with an assessment deviation of no more than 10%. SHIELD identified over $50 million in money laundering attempts and has filtered out duplicate flows, of which $166,000 has been successfully transferred, while another $503,000 was frozen midway through execution and remains restricted, pending legal and recovery procedures.NEAR Intents stated: permissionless does not equal neutral, the team refuses to assist in cashing out stolen assets and will forgo the bounty from this incident to allow Bitget to recover funds as much as possible. Bitget previously established a 5% + 5% bounty arrangement. NEAR Intents also mentioned that the protocol will remain permissionless but set boundaries, and will combat money laundering of stolen funds, while suggesting Bitget contact legal and law enforcement channels to handle the frozen funds.

According to The Information, AI drone company Shield AI is in talks for a new round of financing at a valuation of at least $20 billion. This comes just six months after its $2 billion Series G funding round closed, which had a valuation of $12.7 billion.The company expects revenue growth of over 80% this year, reaching at least $540 million.

Spain's largest cryptocurrency exchange Bit2Me announced the establishment of an independent company Bit2Shield (registered name CryptoShield S.L) to assist courts, police, and financial institutions in tracking, seizing, storing, and selling cryptocurrency assets. This department will support investigators in extracting wallet data, locating cryptocurrency assets, and issuing digital signature forensic reports that can be used in court, while also being responsible for fraud investigations, source of funds verification, and providing training for police, judges, and banks.This move formalizes the work Bit2Me previously conducted for public institutions. In 2025, Bit2Me handled seized cryptocurrency assets worth 1.5 million euros (approximately 1.74 million dollars) for Interpol, Europol, and the Spanish police, using blockchain analysis company Chainalysis to track the assets. Bit2Shield will store seized assets in cold wallets that require multiple signatures and arrange for their sale when ordered by authorities, with proceeds transferred to government bank accounts in euros.Bit2Shield is part of Bit2Me's expansion from retail trading to banking and public institution infrastructure, with investors including Bankinter, Unicaja, Cecabank, Telefónica, and Tether. Since Bit2Shield focuses on investigations, forensics, and training, it is not considered a cryptocurrency service provider under the EU's Markets in Crypto-Assets Regulation (MiCA); any operations involving the exchange of cryptocurrency for euros will be handled by Bitcoinforme S.L., an entity authorized by the Spanish securities regulator MiCA under Bit2Me.

ZEC financial company Cypherpunk disclosed on platform X that Ironwood has surpassed Orchard to become the largest shielded pool on Zcash.The latest data shows that the Ironwood shielded pool has locked a total of 1,976,378 ZEC, worth over 1 billion dollars.

According to monitoring by PeckShield, the cryptocurrency industry experienced 30 significant hacker attacks in July, with total losses reaching $210.3 million, a 177.2% increase compared to June's $75.87 million. The COLDCARD incident resulted in losses of approximately $70 million, making it the third-largest cryptocurrency theft case so far this year.The specific security incidents are as follows:COLDCARD: approximately $70 million;AFX Trade on the Arbitrum platform: approximately $24 million;Ostium: approximately $24 million;BONK: approximately $21.2 million;Wanchain: approximately $13 million;Triple-A: approximately $10 million;Bonzo Lend: approximately $9.05 million;Verus: approximately $7.5 million;WEMIX: approximately $6.25 million;Summer.fi: approximately $6 million.

According to official news, a total of 129,396 ZEC have been migrated to the Ironwood shielded pool, valued at over 60 million dollars at current prices.The official statement said that Ironwood, as the latest shielded pool for Zcash, has completed formal verification, supports independent audits, and is currently carrying an increasing proportion of shielded funds in the network.

Zcash activated the Ironwood NU6.3 network upgrade at block height 3,428,143, launching a new shielded pool to enhance network security and allow for the independent verification of ZEC circulating supply.After the upgrade, the original Orchard pool was restricted, and new funds are not allowed to enter. Existing funds must be migrated out through a turnstile before re-entering Ironwood, ensuring at the protocol level that pool expenditures do not exceed verifiable income. Ironwood is based on a revised protocol that has been formally verified and independently audited, aimed at preventing similar risks to the previous Orchard declarative vulnerabilities. Wallets supporting Ironwood (such as Zodl 3.8.0) have provided migration paths, allowing users to transfer funds from Orchard to the new pool without changing addresses.

According to monitoring by PeckShield, there were a total of 40 major hacking incidents in the cryptocurrency sector in June 2026, with total losses reaching 75.87 million USD, a decrease of 7.13% compared to May's 81.70 million USD.Among them, Humanity Protocol suffered an attack of 31 million USD, ranking first; Syscoin Bridge and JaredFromSubway.eth MEV bot lost 10 million USD and 7.5 million USD respectively.It is worth noting that the attackers of Humanity Protocol are laundering money through multiple chains such as BTC, Solana, Hyperliquid, and BNB Chain, and the funds are mixed with the earnings of the KelpDAO attackers, suggesting a possible connection. In addition, Aztec Bridge and Aztec Connect were attacked in the same month, with total losses of approximately 4 million USD.

According to PeckShield, the structured product protocol ThetanutsFi was attacked, resulting in a loss of approximately $2.1 million, of which about $2 million in option tokens have been recovered by a white hat address.The attacker has exchanged $105,000 USDC for about 60 ETH and still holds option tokens worth approximately $34,000 USDC.

The World Cup will kick off on June 11, and the Hong Kong police have launched operations "Gobi" and "Wind Shield" to combat illegal betting on sports through publicity, education, intelligence, and law enforcement. The police pointed out that in recent years, illegal gambling has shown a trend of digitalization, including online betting, social media attracting gamblers, and using virtual currency for bets. The police stated that they still have the capability to trace participants.According to the law, betting with illegal bookmakers can result in a maximum sentence of 9 months and a fine of 50,000 HKD, accepting bets can lead to a maximum sentence of 7 years and a fine of 5 million HKD, and money laundering can result in a maximum sentence of 14 years and a fine of 5 million HKD. The police also shared a case of a young person who was once addicted to illegal gambling, who owed a maximum of 160,000 HKD at his peak. A police clinical psychologist warned that those who start gambling before the age of 18 have a risk of developing gambling disorders of over 80%.

According to monitoring by PeckShield, there were a total of 40 major hacking incidents in the cryptocurrency sector in May, with total losses of approximately $81.7 million, a decrease of 87.4% compared to $647 million in April. Among them, cross-chain protocols remain the main target of attacks, with 8 major cross-chain attacks causing losses of $33.28 million, accounting for 41% of the total losses for the month.Significant loss events include SUPERFORTUNE AI (approximately $15.18 million), Verus-Ethereum Bridge (approximately $11.58 million, already refunded), and THORChain (approximately $10 million), among others.

According to monitoring by PeckShield, WUSD/GLOVE on Ethereum was attacked, resulting in a loss of approximately $207,000. The attacker has exchanged the stolen assets for about 98 ETH and deposited them into Railgun.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:My Sword and Shield (6iA7....ump): Net inflow of $3,000, with a 24-hour increase of -29.9%, currently priced at $0.0009.42069K (Be78....ump): Net inflow of $2,000, with a 24-hour increase of 25%, currently priced at $0.0002.FISH2 (7swL....ump): Net inflow of $1,000, with a 24-hour increase of 1855%, currently priced at $0.0002.BFM (EvDk....ump): Net inflow of $430, with a 24-hour increase of 331.9%, currently priced at $0.0001.ZePIN (61ua....ash): Net inflow of $355, with a 24-hour increase of 780.5%, currently priced at $0.0001.

PeckShield posted on platform X that from February to mid-May 2026, there have been at least 8 significant security incidents related to cross-chain bridges in the crypto industry, with attackers stealing approximately $328.6 million in assets from cross-chain protocols. PeckShield pointed out that cross-chain infrastructure remains a high-frequency target for hackers, and the associated risks continue to be highlighted in the context of the expansion of the multi-chain ecosystem.

According to monitoring by PeckShield, Verus's Verus-Ethereum Bridge has been hacked, with lost assets including 103.6 tBTC, 1625 ETH, and 147,000 USDC. The hacker subsequently exchanged the stolen assets for approximately 5402.4 ETH. The attacker's address obtained an initial fund of 1 ETH about 14 hours ago through the mixing protocol Tornado Cash.

According to on-chain analyst PeckShield (@PeckShieldAlert), THORChain was hacked, resulting in a loss of approximately $10 million in crypto assets, including 36.75 BTC (about $3 million) and assets worth about $7 million from BNBChain, Ethereum, and Base chains.

According to monitoring by PeckShield, a user lost their Alchemix Yearn yvVault position yvWETH, worth approximately $1 million, due to previously authorizing an unverified contract. This unverified contract was created 10 days ago and has vulnerabilities that can be exploited to execute arbitrary calls.

According to monitoring by PeckShield, the KelpDAO attackers have transferred 75,700 ETH to 2 new addresses.

According to monitoring by PeckShield, the Kelp DAO attackers transferred 30,765 ETH (approximately 7.09 million USD) to a special address starting with 0x00000, suspected to be for destruction.

According to the monitoring by PieShield, the hacker of Drift Protocol, who stole $285 million in cryptocurrency, transferred 185 SOL, worth $15,000, to ChangeNow on the Solana network.