bridge

According to Global Market Broadcast, Bridgewater's Co-Chief Investment Officer Karen Karniol-Tambour will leave to become the first CEO of the newly established Canadian Sovereign Wealth Fund, the Canada Prosperity Fund. This fund is one of the initiatives promoted by Canadian Prime Minister Mark Carney, aimed at strengthening Canada's key strategic industries and reducing economic dependence on the United States. The fund has an initial investment of 25 billion Canadian dollars (17.7 billion US dollars), sourced from the federal government, and will only invest in Canadian companies and projects to seek long-term returns.41-year-old Karniol-Tambour has been with Bridgewater since graduating from Princeton University in 2006. In 2023, during a company reform led by CEO Nir Bar Dea, she was appointed Co-Chief Investment Officer alongside Greg Jensen and Bob Prince, responsible for Bridgewater's Asia strategy, which includes the China investment management business. Sources indicate that Bridgewater has no plans to hire or promote anyone else to replace Karniol-Tambour. In addition to Jensen and Prince, Bridgewater also has two Deputy Chief Investment Officers, Ben Melkman and David Trinh.

According to Catcher Predict monitoring, in the Polymarket event "Bucks vs. Knicks," the "Yes" option for the sub-market "Mikal Bridges: Points O/U 10.5" has experienced a dramatic fluctuation in winning probability, soaring from 33% an hour ago to the current 53.5% (a fluctuation of 20.5%). Please note the impact of related breaking news.

Ray Dalio, the founder of Bridgewater Associates, published an article discussing the results of the U.S. midterm elections. He believes that the elections will not change the core issues facing the United States, such as debt, wealth and value divergence, geopolitical tensions, climate, and technology. Future conflicts between parties and within parties, as well as government dysfunction, may intensify.Dalio pointed out that funding issues will soon come to the forefront: on December 11, Trump's temporary funding will expire, and the federal debt is expected to hit its ceiling by March 2027. By the fall of 2027, the Treasury is expected to exhaust its funding maneuvering options. He believes that the related conflicts may be quite intense, and uncertainty could push up short-term yields such as U.S. Treasury bills, exacerbating concerns about liquidity and credit risk, and weakening the status of U.S. Treasuries as a major global safe collateral.He also stated that Elizabeth Warren's appointment as chair of the Senate Banking Committee could trigger conflicts and changes that impact the economy and markets. The election results will make Trump a targeted lame-duck president, weakening the United States' international standing and potentially leading to a strategic contraction of the U.S., increasing the influence of regional powers like China.

Slow Fog Analysis stated that the attacker used the same Optimism transaction to construct five forged receipts, and the unauthorized signed source is still under investigation.

According to monitoring by Blockaid, the Ethereum cross-chain bridge of the node and staking infrastructure service provider Ankr is currently under attack, with losses amounting to approximately $292,000, and the attack is still ongoing.The attacker initiated five withdrawal calls to the cross-chain bridge on Ethereum and used a small deposit on Optimism to unlock all assets locked in the cross-chain bridge and transfer them to a newly created address.

The Threshold tBTC cross-chain bridge has resumed on-chain operations, but the application still suspends new deposits, minting, and Bitcoin redemptions, and the Aave-related reserves remain frozen.

OlympusDAO stated: The official OHM cross-chain bridge has fully migrated from LayerZero to Chainlink CCIP, covering seven chains that support OHM.

According to Cointelegraph, SkyBridge Capital founder Anthony Scaramucci stated that Trump's cryptocurrency business and meme coin issuance caused the CLARITY Act to lose support from the Democrats, weakening the bipartisan momentum of the bill. He claimed that the related meme coins were launched before Trump's inauguration in January 2025, which is one of the reasons for the bill's obstruction.Scaramucci also pointed out that there are differences between lawmakers and the White House regarding ethical restrictions: lawmakers want to strengthen the limitations on government officials' interests in cryptocurrency assets, while the White House is reluctant to sign related provisions. He stated that both sides should take responsibility for the failure to advance negotiations.On September 15, the U.S. Senate failed to advance the CLARITY Act, with the procedural motion receiving 49 votes in favor and 50 votes against, falling short of the required 60 votes. The bill aims to establish a federal regulatory framework for digital assets.

On-chain analyst @FabianoSolana posted that suspected North Korean hackers transferred approximately $1.46 million through the Jupiter Lend and Circle cross-chain bridge. According to his analysis, the funds were initially transferred from a Solana wallet address marked by the FBI (starting with AffzFD), then dispersed to about 35 temporary addresses via intermediary wallets before being re-aggregated and deposited into Jupiter Lend. A few minutes later, a similar amount was withdrawn by another new wallet.Subsequently, the funds were exchanged for USDC and transferred out of Solana through the Circle cross-chain bridge, returning to a new address on the Solana network via Noble and dYdX. The related funds were transferred out in approximately 16 transactions totaling about $1.4634 million, and then returned in 19 transactions, with a difference of about $10 between the amounts transferred out and returned. According to the analyst, the related funds have not been frozen.In response, Jupiter's Chief Operating Officer Kash Dhanda stated that based on the current investigation results, the attackers only performed deposit and withdrawal operations through Jupiter Lend, which is different from the previous Aave incident where stolen stablecoins were borrowed and could not freeze the assets. The flow of related funds can still be fully tracked through LP tokens, and the relationship of the funds has not been severed, so it cannot be concluded that the attackers used Jupiter Lend to launder the source of the funds. The Jupiter security team has been monitoring the flow of related funds in real-time. As of the time of publication, Circle has not publicly responded to the reasons for the aforementioned fund transfer and why they have not been frozen.

According to on-chain analyst PeckShield (@PeckShieldAlert), an address marked as the BlueMove hacker transferred 115,000 USDC from Ethereum to Hyperliquid and purchased 188.25 XMR at a price of $608.43.On July 11, 2026, the AMM protocol BlueMove DEX running on Sui and Aptos was attacked, and the attacker stole 710,670 SUI.

The SVM Rollup project SOON's official account announced that the SOON Foundation has temporarily closed the cross-chain bridge between svmBNB and the SOON mainnet. The announcement stated that on October 31, 2026, around 11:00 UTC, abnormal withdrawal activities occurred on the aforementioned cross-chain bridge, and the foundation immediately closed the bridge service after discovering the anomaly at 14:00 UTC on the same day.The SOON Foundation stated that it has currently controlled the relevant cross-chain bridge and is conducting an in-depth investigation. During the investigation period, the cross-chain bridge between svmBNB and the SOON mainnet will remain suspended, and further updates will be announced separately.svmBNB uses SVM as the execution layer and BNB Chain as the settlement layer, while the SOON mainnet is based on the decoupled SVM Rollup network. Official SOON materials show that the project has received support from Jump, Hack VC, and Anagram.

According to on-chain detective Specter, North Korea-related addresses transferred over 38 million dollars through the Relay cross-chain bridge within 7 hours, and the related transfers are still ongoing.Specter stated that although Relay claimed to have enabled a transaction monitoring (KYT) system, this system failed to stop the aforementioned flow of funds.

According to Decrypt, the Israeli National Prosecutor's Office announced on Thursday that it has extradited Alexander Block, who holds dual citizenship in Israel and Russia (formerly known as Alexander Gurevich), to the United States. He is accused of stealing approximately $2.8 million in assets from the cross-chain bridge Nomad in 2022.Block was handed over to the U.S. authorities early that morning after failing multiple appeals in Israel. He was arrested at Tel Aviv's Ben Gurion Airport in May 2025 while preparing to fly to Russia, shortly after changing his surname and obtaining a passport under his new name.According to the U.S. extradition request disclosed in the Israeli Supreme Court ruling, a federal grand jury in the Northern District of California had indicted Block in August 2023 on four counts of computer fraud, one count of transporting stolen property, and three counts of money laundering. The U.S. formally submitted the extradition request in December 2024.Prosecutors stated that a vulnerability was left in the Nomad smart contract after a software update in June 2022, allowing users to obtain tokens on one chain without locking equivalent assets on another chain. Block, using the username "Bitlik," first conducted six test transfers and then completed four major transfers around August 1, 2022, acquiring tokens worth over $2.8 million, which he transferred through multiple wallets and exchanged for other cryptocurrencies to conceal the source of the funds.The U.S. allegations claim that his actions exposed the vulnerability, leading other users to withdraw nearly all of the over $186 million in user funds controlled by Nomad's wallet. Days later, Block returned some tokens and contacted Nomad executives via Telegram, proposing to return the remaining assets in exchange for a bounty for the vulnerability, but then cut off communication, prompting Nomad to report to U.S. law enforcement. Block argued that the transactions utilized features provided by Nomad's automated system and that on-chain transfers are publicly visible, thus not constituting money laundering.The Israeli Supreme Court rejected both claims, ruling that even if the software technically allowed the operation, exploiting a programming vulnerability could still constitute illegal intrusion into a computer system, and publicly visible transactions do not necessarily identify the actual controller behind the wallets.In December 2025, the U.S. Federal Trade Commission proposed a settlement regarding Nomad's operator Illusory Systems, stating that the cross-chain bridge lost $186 million due to insufficiently tested software updates, and the settlement required it to return recovered funds to users who had not yet been compensated; Nomad recovered approximately $22 million within days after the attack.

BNB Chain stated that it supports Binance and the relevant teams that have been continuously handling security incidents since last night, and confirmed that BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain cross-chain bridge have not been affected by this incident. Currently, all networks are operating normally, and the funds on BNB Chain are secure.BNB Chain also expressed full trust in the Binance team to handle this incident and will continue to collaborate with ecosystem partners to strengthen security protection and maintain industry trust.

Blockaid has released two attacker addresses, example attack transactions, affected contracts, and cross-chain bridge addresses. One of the attacker addresses (0xaCA0...5718) currently has a balance of approximately $11,000.

According to market news, U.S. Treasury Secretary Janet Yellen stated that regardless of whether Congress takes action, the U.S. Treasury will push to bridge the regulatory gap between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding cryptocurrency.

Zilliqa stated that the investigation into the recent security incident is still ongoing, with affected components including the X-Bridge and certain liquidity pools using ZRC2 proxy contracts, involving tokens such as zUSDT, SEED, kUSD, and Zoge.Zilliqa emphasized that the native ZIL and Zilliqa EVM network were not affected, and the X-Bridge will remain suspended; users are advised not to use the cross-chain bridge and the affected liquidity pools for the time being.

The Ethereum Layer 2 network Blast has reached the withdrawal interface deadline, but approximately 40 million dollars worth of assets are still stranded in the cross-chain bridge.The official contract-level exit guide has been released, but withdrawals still require proof submission and a one-day wait; for USDB holders, a separate DAI claim is also necessary.

Utexo co-founder Viktor Ihnatiuk tweeted that the bridged version of USDT launched on the Bitcoin network will initially be aimed at institutions, as there is currently a strong demand from institutions for minting, redeeming, and fund transfers.He pointed out that large fund transfers need to avoid wallet activity being viewed by others and front-running trades, and the launch arrangements for retail users will be announced later.