BTC $78,445.42 -0.91%
ETH $2,487.58 -0.14%
BNB $749.80 +1.40%
XRP $1.43 +2.72%
SOL $103.53 -0.37%
TRX $0.3389 +1.36%
DOGE $0.0896 -0.19%
ADA $0.2216 +1.20%
BCH $257.05 -1.29%
LINK $12.63 -0.84%
HYPE $84.44 -0.67%
AAVE $129.35 -1.85%
SUI $0.8117 -1.67%
XLM $0.1891 -0.47%
ZEC $1,161.45 +0.66%
BTC $78,445.42 -0.91%
ETH $2,487.58 -0.14%
BNB $749.80 +1.40%
XRP $1.43 +2.72%
SOL $103.53 -0.37%
TRX $0.3389 +1.36%
DOGE $0.0896 -0.19%
ADA $0.2216 +1.20%
BCH $257.05 -1.29%
LINK $12.63 -0.84%
HYPE $84.44 -0.67%
AAVE $129.35 -1.85%
SUI $0.8117 -1.67%
XLM $0.1891 -0.47%
ZEC $1,161.45 +0.66%

cl

All
Article
Flash

Circle launched the CCTP rapid transfer prepayment fee model

According to official news, the Circle Cross-Chain Transfer Protocol (CCTP) now supports a fast transfer prepayment fee feature. Previously, the protocol fee would be directly deducted from the USDC transfer amount on the target chain; with this update, developers can pre-quote and collect fees using the native Gas token or USDC from the source chain before executing the transfer, thereby simplifying the fee handling for cross-chain transfers and ensuring that users receive the expected amount of USDC.It is reported that the prepayment fee mechanism mainly improves the predictability of fees in cross-chain applications. Users do not have to bear the reduction in the actual amount received due to additional deductions on the target chain; at the same time, the CCTP Quote API can uniformly calculate fees for different supported chains and integrate Fast Transfer and Forwarding fees into a single quote, so developers do not need to build systems to separately calculate multiple protocol fees. In addition, fees can be paid directly using the native token of the source chain, which will not reduce or affect the actual transferred USDC balance.Currently, the prepayment fee feature supports USDC transfers on all EVM chains covered by CCTP, but it does not support transfers initiated from Solana; transfers to Solana are still supported. Developers can obtain specific fee quotes through the Quote API and integrate this feature, and relevant developers can refer to the CCTP official documentation to build a more predictable cross-chain USDC transfer process.

The Sandbox: Officially opens the compensation claim for the vulnerability incident, which will last until midnight on the 23rd

According to official news, The Sandbox announced the official opening of SAND compensation claims. Users affected by the cross-chain contract vulnerability incident involving Base and BNB Smart Chain (BSC) networks on August 22, who held bridged SAND on the affected networks before the incident, can receive full compensation in SAND on the Ethereum network at a 1:1 ratio. Eligibility for compensation is based on the on-chain balance snapshot before the incident and is unrelated to any transactions, transfers, or holdings by users after the incident.The Sandbox stated that eligibility for compensation is determined based on the on-chain balance recorded before the contract was compromised. The snapshot for the Base network corresponds to block 50283188 at 23:42:03 UTC on August 21, 2026, and the BSC snapshot corresponds to block 117322025 at 11:42:44 UTC on August 21, 2026.Users holding Base or BSC network SAND through centralized exchanges do not need to take any action, as The Sandbox is coordinating with the relevant exchanges to handle compensation; however, users holding SAND in personal wallets will need to claim it themselves. The claim period is from September 8 to September 22, 24:00 (UTC+8). Claims only require a transaction initiated from the original wallet that held SAND at the time of the snapshot, without the need for token authorization, signing off-chain messages, or transferring to any address.

F2Pool co-founder claims the rise of Zcash is due to narrative hype

F2Pool co-founder Wang Chun (@satofishi) pointed out that the current rise of Zcash is essentially a narrative-driven speculative behavior, rather than being supported by actual value. He listed several core issues: in terms of unfair distribution, 20% of the block rewards in the first four years were allocated as "founder's rewards" to founders, employees, advisors, and early investors, totaling 2.1 million ZEC, which accounts for 10% of the total supply cap. This was followed by a similar percentage taken under the name of a "development fund"; regarding privacy mechanisms, the privacy feature is optional rather than a default setting, and most tokens circulate in transparent addresses for a long time, criticized as a "marketing gimmick."In terms of governance, the Electric Coin Company (ECC) has long-standing management conflicts with the foundation, and in January 2026, the ECC team collectively left, claiming they were expelled. In terms of security, in May 2026, it was disclosed that the Orchard privacy pool had a serious vulnerability for four years, theoretically allowing the forgery of ZEC without on-chain traces. In July, the old pool was urgently closed and forced migration occurred, which was seen as a remedial action rather than a positive development. Wang Chun believes that Zcash being listed alongside Solana and Hyperliquid in market capitalization does not represent that it has the same actual application value; the current price reflects more of a "narrative short squeeze" rather than the network's fundamentals.
app_icon
ChainCatcher Building the Web3 world with innovations.