Litecoin update:
• A zero-day bug caused a DoS attack that disrupted major mining pools.
• Non-updated mining nodes allowed an invalid MWEB transaction allowing them to peg out coins to third party DEX’s
• A 13-block reorg reversed those invalid transactions — they will not be included in the main chain
• All valid transactions during that period remain unaffected
• The bug is now fully patched, and the network continues to operate normally
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.
After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.
As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
Drift Protocol just released their thread on the $280 million hack
It's worse than anyone thought too
There was no code exploit. It wasn’t a flash loan. It wasn’t even a traditional key theft.
Solana has a feature called "durable nonces" that lets you sign a transaction today but execute it days or weeks later
Sound familiar EVM critics? 😏
Think of it like writing a signed check and leaving it in someone's drawer until they decide to cash it.
The attacker used this to build a time bomb inside Drift's own governance system.
So I was wrong and Solana’s architecture did in fact play a role in this exploit occurring. Similar to how a hacker exploits approvals on EVM chains.
Here's how it played out:
March 23: The attacker sets up four of these delayed-execution accounts. Two are tied to real Drift Security Council members and two belong to the attacker.
At some point, the attacker tricks two of Drift's five council members into signing transactions they didn't fully understand.
Blind signing is something I have called out a lot and it is a major issue with many of these chains
Drift calls it "transaction misrepresentation” 🤨
But in reality they were socially engineered into signing their own robbery
Those signatures sat dormant for nine days!
March 27: Drift rotates its security council. New members, fresh setup. Doesn't matter. The attacker compromises two of the five new signers too.
April 1: Drift runs a routine test transaction. Sixty seconds later, the attacker cashes those pre-signed checks. Two transactions, four Solana slots apart. Full admin control.
Every withdrawal limit removed. Every vault drained.
$280 million. Gone.
Two out of five signatures is all it took 🤦♂️
But also clearly some major planning and patience for this elaborate attack
Blind signing
Durable nonces which function similarly to approvals
Poor key management
Insecure infrastructure
Everything worked as it was designed to work and this was just an incredibly well orchestrated and thought out attack
Community alert: Ledger had another data breach via payment processor Global-e leaking the personal data of customers (name & other contact information).
Earlier today customers received the email below.
🚨 Security Alert
It appears that the @TrustWallet browser extension may have been compromised via a supply-chain attack in the Dec 24 update.
Reports indicate that importing a seed phrase into the extension can result in immediate wallet draining.
⚠️ Do NOT use the Trust Wallet extension for now, and never import seed phrase until an official clarification and fix are released.
❗ As of now, there has been no official communication from the Trust Wallet team regarding this incident.
Exploiters are using multiple addresses and More than $2,000,000 appears to have been drained
🚨 PSA: There is an ongoing issue with the Prysm consensus client on mainnet. If you are running Prysm, you will need to reconfigure your CL node as per the linked tweet.
If you are running another client, you are not affected and no action is required.
What you are seeing live, is client diversity keeping Ethereum afloat during network degradation. This is why we're built different. This is why we run multi-node implementations and this is why there are 11+ client teams that Build on Ethereum.
fusaka has finalized 🦓!
huge congrats to everyone who worked on the upgrade, massively expanding Ethereum's capacity and feature set, without compromising on security ❤️🔥
Bitcoin Core 30.0 is released with new features, bug fixes, and performance improvements. Key updates include higher limits on signature operations, better support for multiple OP_RETURN outputs, and lower default fee rates. The wallet and GUI have been updated, including legacy wallet removal and Qt 6 migration. Users on versions 27.x or older should upgrade. https://t.co/sjjYcHmioE
According to Coinglass data, total liquidations across the market reached approximately $19.134 billion over the past 24 hours, with long positions accounting for about $16.679 billion.
According to DeFiLlama data, the total market capitalization of stablecoins has surpassed $300 billion for the first time in history. USDT accounts for 58.44% at $176.256 billion; USDC exceeds $74 billion; and the third-largest yield-bearing stablecoin, USDe, stands at $14.83 billion.
https://t.co/KfzcxRp7ZS
Gas fees matter.
They decide where traders build, where liquidity flows, and where innovation happens.
That’s why validators on BNB Chain are proposing to halve fees and accelerate block speeds, keeping BNB Smart Chain (BSC) competitive with the fastest chains in crypto.
BNB recently hit an all-time high above $1000—a milestone worth celebrating. But it also raises the question:
How do we make sure BSC is positioned not just for today’s success, but for the next wave of growth?
The answer lies in performance and accessibility:
Validators are proposing to lower the minimum gas price from 0.1 Gwei to 0.05 Gwei and accelerate block intervals from 750ms to 450ms.
For traders, market makers, and developers who are most sensitive to fees, these changes strengthen BSC as the preferred chain for trading activity.
Past validator decisions show why this matters:
🔸 In April 2024, gas dropped from 3 Gwei to 1 Gwei (–67%).
🔸 In May 2025, it fell again from 1 Gwei to 0.1 Gwei (–90%).
The results: Median fees dropped 75% from $0.04 to $0.01, while daily transactions surged 140% to exceed 12 million.
Now, in October 2025, the next step is on the table:
At 0.05 Gwei, fees would fall to about $0.005 per transaction making BSC competitive with chains like Solana and Base. Staking APY also remains stable above 0.5%, supported by higher trading activity and $BNB’s price growth.
The data confirms the shift:
In June 2025, swap-related transactions surged from 20% at the start of the year to 67%. Trading is now the dominant activity on BNB Chain—and gas fees matter most for traders.
Some may wonder about risks like failed transactions, validator rewards, or infrastructure strain. With BSC running at less than 30% capacity, there’s room for more activity and gas will adjust if congestion occurs.
🔸 What about our infrastructure? It’s been verified to handle 3x today’s state data.
🔸 And what about validators? Higher transaction volume supports healthy APY, just as it has before.
To guide us now and in the future, we're proposing a core community principle:
"As long as staking APY remains above 0.5%, BNB Chain should strive to have the lowest gas fees possible."
This balances network growth with validator rewards, ensuring long-term sustainability.
This isn’t the end of the journey, though.
The long-term target is clear: gas around $0.001 per transaction—more than a 90% reduction from past levels and on par with the most competitive chains.
Most importantly, this is a community proposal. Validators and users together will shape where BNB Chain goes next.
This is why we’re seeking the community’s input and feedback as we look to move forward, and we encourage you to comment below to join the discussion and help shape the future of onchain trading 👇