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BTC $78,645.49 -0.64%
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BNB $752.66 +1.62%
XRP $1.43 +2.58%
SOL $104.01 +0.18%
TRX $0.3389 +1.50%
DOGE $0.0903 +0.52%
ADA $0.2248 +1.93%
BCH $257.26 -1.17%
LINK $12.69 -1.46%
HYPE $84.25 -1.00%
AAVE $129.94 -1.60%
SUI $0.8231 +0.20%
XLM $0.1896 -0.42%
ZEC $1,177.06 +1.56%

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Huobi HTX updated the September Merkle Tree reserve proof, with mainstream asset reserve ratios exceeding 100%

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.

SafePal updates on security incident progress: launching anti-phishing actions and will commission a third-party agency to review the order system

The cryptocurrency wallet project SafePal has released updates on the security incident, stating that it is continuously tracking phishing websites and impersonation accounts, and plans to introduce a professional anti-phishing security company to expedite the removal of malicious information to protect user asset security. SafePal mentioned that it is currently in the final selection process among four professional anti-phishing security companies, and once a partner is selected, it will further enhance the efficiency of handling threats such as counterfeit websites and scam accounts.The team is also continuously monitoring whether the affected data has been sold or made public, including channels such as dark web forums and trading markets. Once signs of data leakage are detected, affected users will receive risk alerts immediately. Regarding security audits, SafePal stated that it is in the final selection among three mature independent security institutions, which will conduct a comprehensive security review of the order system. Meanwhile, the team is reassessing the order and logistics processes to reduce the amount of data that needs to be stored in the initial phase of the system, thereby reducing potential risks from the source.For affected users, SafePal stated that it will continue to provide one-on-one assistance through official support channels and will keep updating the fraud protection page, providing updates on the incident, FAQs, and analysis of fraud cases. SafePal once again reminds users: the official will never ask users to provide their seed phrase. Users should not disclose their seed phrase to anyone, should not scan unknown QR codes or click on suspicious links, and should verify the source of information through official channels.

Bitmart: Plans to orderly resume part of its business operations in phases, with the latest update to be released by September 9

BitMart officially released a long announcement on platform X, with the main content as follows: "This announcement aims to inform everyone of the latest developments following the announcement on July 26, 2026. We thank users for their patience during this period.After further discussions with users, stakeholders, and professional advisors, BitMart is formulating a potential restructuring plan as an alternative to a comprehensive liquidation. This plan may include a phased and orderly resumption of some business operations while distributing assets to creditors. The relevant arrangements still require further legal, financial, operational, and compliance assessments. To advance the relevant processes, BitMart has appointed Weikai Law Firm as its restructuring legal advisor. Weikai will work with BitMart's other professional advisors to evaluate feasible plans and assist in formulating a potential restructuring plan, which includes a framework for phased resumption of operations.Currently, we are working with the advisory team to develop a roadmap, aiming to release the next update no later than September 9, 2026.Once the relevant information is confirmed, we will continue to update the community. During the advancement of the above work, we kindly ask everyone to remain patient and understanding. Once the business recovery plan is formally drafted, we plan to solicit feedback from community users. Please continue to pay attention to our official website, official mobile app, and official social media channels for subsequent announcements. As always, please be vigilant against various scam messages and only trust content released through BitMart's official channels. Thank you for your trust and support."

BounceBit Chain update on vulnerability attack progress: will permanently halt the chain and migrate to BNB Chain

The cross-chain yield protocol BounceBit has released a security incident announcement stating that its blockchain network experienced a protocol-level vulnerability attack from August 19, 21:02 UTC to August 20, 01:54 UTC. The attacker exploited an authorization flaw in the underlying architecture of Evmos to transfer BB tokens from 9 mainnet accounts without the account owners' authorization. According to the announcement, the attacker transferred approximately 286.5 million BB through 14 transactions.The impact of the incident is limited to the BounceBit Chain itself and does not involve issues related to private key leakage, signature forgery, wallet, hardware device, or exchange account security. BounceBit's CeDeFi Strategy, Promo Vaults, Prime, and RWA products were not affected.BounceBit stated that the vulnerability originated from a defect in the authorization verification of the protocol's native module within the Evmos architecture. The attacker bypassed the security checks that were supposed to verify the authorization relationship of the funding source account when calling the relevant module through a smart contract, allowing them to designate any account as the source of funds.After the incident, the BounceBit Chain stopped block production at block height 20,702,857. The team then decided not to upgrade the chain but to permanently shut down the BounceBit Chain and reissue BB as a BEP-20 token based on the BNB Chain. BounceBit stated that the new BB token supply will be based on an on-chain snapshot taken before the first abnormal transfer (block height 20,697,260), and the 286,543,148 BB transferred by the attacker will not be included in the new token balance.Users do not need to submit applications or migrate wallets; the official plan is to automatically distribute the new BB to the corresponding BNB Chain addresses. For staked BB, BounceBit stated that it will be restored at the snapshot time, and holders do not need to perform unbinding or redemption operations. Currently, BounceBit has submitted requests for freezing and assistance to relevant exchanges and has reminded users to be vigilant against scams and not to click on any BB migration or claim links that have not been officially confirmed. The team stated that they will announce the new BEP-20 BB contract address and reissuance progress in the future.

Stable update white paper: 82% of STABLE tokens locked until the end of 2029 will be released

Stable has released an updated white paper, whose core design concept is to rebuild blockchain infrastructure around stablecoins. Unlike traditional public chains that treat stablecoins as application layer assets, Stable uses USDT as a native Gas asset and primary settlement asset, allowing users to complete transactions without holding additional volatile tokens. At the same time, the network supports PYUSD issued by PayPal as a primary settlement asset.In terms of token economics, the total supply of STABLE is 10 billion tokens. Among them, approximately 1.8 billion tokens (18%) were in circulation at the time of token generation, including 10% for Genesis Distribution and 8% for the foundation's first-day unlock; the remaining 8.2 billion tokens (82%) will enter a Universal Lock pool.The white paper indicates that the 8.2 billion locked tokens will adopt a unified release mechanism, unlocking gradually in 7 phases:Phase 1: 5% (410 million tokens) released on December 8, 2027Phase 2: 5% (410 million tokens) released on March 8, 2028Phase 3: 10% (820 million tokens) released on June 8, 2028Phase 4: 15% (1.23 billion tokens) released on September 8, 2028Phase 5: 15% (1.23 billion tokens) released on December 8, 2028Phase 6: 20% (1.64 billion tokens) released on March 8, 2029Phase 7: 30% (2.46 billion tokens) released on June 8, 2029All locked tokens will be unlocked through daily linear release, expected to be fully in circulation by December 8, 2029, at the latest. Additionally, the white paper sets a price protection mechanism; if the volume-weighted average price of the token is below $0.025 in the 30 days prior to the specified release date, the relevant unlocking phase may be postponed by up to 9 months.
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