Technology — Page 35

The network resumed Sept. 24, but Kraken kept MultiversX (EGLD) markets in cancel-only mode with deposits and withdrawals paused.

Bitget detected unauthorized transfers Sept. 24 from parts of its hot- and warm-wallet infrastructure. Withdrawals were suspended while deposits and trading remained operational.

Users who listed or traded NFTs on Magic Eden’s EVM marketplace from February through October 2024 should revoke contract approvals on Ethereum, Polygon and Base.

The experimental network evaluates post-quantum cryptography across accounts, consensus and data availability before any potential live-network upgrade.

The transfers followed concerns about a vulnerability involving the NFT marketplace. Holders were urged to revoke NFT permissions as a precaution.

A full reimbursement would leave roughly $112.4 million, below Bitget’s stated $300 million minimum for the fund.

The assets were valued at more than $5.7 million. Another 660 Wrapped Ether (WETH) was exposed but not recovered in time.

The response secured assets valued at more than $5.7 million after a Payment Processor V2 vulnerability exposed NFT collections.

The exchange detected abnormal transfers from hot and warm wallets on Sept. 24 and temporarily suspended withdrawals while keeping deposits and trading operational.

A Payment Processor V2 vulnerability exposed multiple NFT collections, while about 660 WETH remained at risk and was not recovered.

The incident involved an estimated $351.6 million in losses, while withdrawals remain paused during additional security checks.

About 3,832 NFTs worth an estimated $1.4 million were transferred at zero ETH. Yuga Labs security expert 0xQuit urged users to revoke old marketplace approvals.

Quit warned users to revoke authorizations for Ethereum’s Payment Processor V2 and ApeChain’s Payment Processor V3 as soon as possible.

The warning covers Payment Processor V2 on Ethereum and Payment Processor V3 on ApeChain. Assets already moved to a specified address were described as safe.

More than 102.97 million XRP remains split among five wallets after the Sept. 24 breach. The XRP Ledger cannot freeze its native asset.

Deposits, trading and rewards remain available while the exchange conducts additional security checks. Bitget Wallet operates on separate infrastructure and was not affected.

The activity, identified Friday, involved a suspected security vulnerability at Magic Eden.

Mandiant and SlowMist are assisting the investigation. Withdrawals remain paused during additional security checks, while Bitget Wallet is unaffected.

Payy paused deposits, withdrawals, transfers and card payments after its Ethereum bridge contract was exploited Sept. 24. The company has not disclosed customer losses or a restart date.

CEO Gracy Chen said a North Korean group was very likely behind the breach, while withdrawals remain suspended during a security review.

The exchange says the incident affected some exchange-held assets while withdrawals remain suspended pending a security review.

The exchange said its cold wallets remain safe, its protection fund exceeds $464 million and some hacker addresses have been frozen.

Affected assets include Ether, XRP, BNB, AVAX, USDT and USDC across eight networks, while Bitget targets a full recovery without giving a timeline.

The privacy-focused stablecoin payment network is pursuing asset recovery and analyzing the root cause of the incident.

CEO Gracy Chen said attackers compromised wallet infrastructure and triggered the exchange’s authorization process. The specific intrusion method remains under investigation.

The Ethereum layer-2 network also recorded $1.5 billion in decentralized-exchange volume and $711 million in total value locked during the month.

The exchange says its protection fund exceeds the loss, while Bitget Wallet remains unaffected and Bybit offers assistance tracking the funds.

Colossus 2 had 110,000 GB200 and 110,000 GB300 processors online as of June 5, while a later estimate projects 612,200 B300 GPUs in the first quarter of 2027.

Unauthorized transfers affected parts of Bitget’s hot and warm wallets, while cold wallets remained secure and withdrawals were temporarily suspended.

Cold wallets and most platform assets were unaffected, while withdrawals remain suspended during a security review.

Ben Zhou said Bybit will update its LazarusBounty platform to trace the funds and support recovery efforts.

Bitget is repairing its systems, investigating unauthorized transfers and preparing to resume withdrawals after confirming security.

The self-custody wallet operates independently from Bitget’s exchange and says preventive checks found no security impact.

The test phase replaces TowerBFT with Votor and requires validators to run Agave 4.3. Mainnet activation is tentatively scheduled for Sept. 28.

Multiple teams are validating remediation measures and tracing the attack route while Bitget says its protection fund can cover related losses.

Multiple security teams will verify remediation measures, trace the attack route and support law enforcement cooperation before withdrawals resume.

Musk said SpaceX’s AI model could match Anthropic’s Fable or OpenAI’s GPT-6 in two to three months if its development pace continues to accelerate.

The exchange said user assets remain unaffected after abnormal transfers from some hot wallets, while withdrawals remain temporarily suspended.

Stolen XRP allegedly moved through a chain connected to roughly $24 million taken in the AFX attack. The link remains unconfirmed.

The stolen funds include about 102.9 million XRP and 31,890 ETH, alongside stablecoins and other tokens.