evm

Magic Eden announced that the vulnerability occurred in the NFT trading protocol Payment Processor V2 maintained by Limit Break. Magic Eden adopted this protocol for EVM network transaction settlements in 2024 but stopped using V2 in October 2024 and will completely shut down the EVM market in the first quarter of 2026. Therefore, NFTs currently listed on Magic Eden are not affected by this vulnerability.NFTs listed through its EVM market between February and October 2024 may be affected, while listings after October 2024 are generally not impacted. The platform is contacting the protocol owner and maintainer Limit Break to explore other risk mitigation measures, including pausing protocol transfers, and will continue to investigate the actual scope of the impact.Magic Eden reminds users who have listed or traded NFTs on its EVM market to revoke relevant contract authorizations on the Ethereum, Polygon, and Base networks. Users can filter the address through revoke.cash and revoke all authorizations marked as "approved for all" for NFTs. Magic Eden emphasizes that revoking authorization cannot recover assets that have already been transferred.Yuga Labs' Vice President of Blockchain Quit stated today that at 9 AM Eastern Time, attackers exploited the Payment Processor V2 vulnerability to steal a large number of NFTs. After contacting the LimitBreak team, the latter quickly paused the similarly affected Payment Processor V3. However, V2 could not be paused, and V3 on ApeChain is also temporarily unable to be paused. Therefore, the team implemented a white-hat operation, successfully transferring and protecting 23,155 NFTs valued at over 5.7 million dollars.

According to on-chain analyst Yu Jin's monitoring, Bitget's stolen assets this time amount to approximately 351.6 million USD, of which about 192.6 million USD was stolen from the EVM chain, mainly including stablecoins and ETH.In the past few hours, hackers have gradually exchanged the stolen stablecoins and other assets on the EVM chain for ETH. Currently, the relevant hacker EVM address holds approximately 68,500 ETH, worth about 184 million USD.

According to official news, the anti-quantum EVM Layer 1 blockchain DAC has announced a $1 million investment from Unicorn Crypto Ventures.DAC focuses on building EVM-compatible blockchain infrastructure that can withstand quantum computing attacks. It is built on a Quadrans fork, utilizing a three-layer node architecture and PoQW consensus, driving the ecosystem and transaction execution through a dual-asset model (DACT/DACC), providing scalable and quantum-resistant blockchain infrastructure for developers and enterprises.

The Interchain Foundation stated that it is committed to supporting the development of the Cosmos ecosystem and recognizes the impact of recent Cosmos EVM events on teams that rely on Cosmos technology for deployment.To this end, the ICF is establishing a discretionary funding program to support affected chains collaborating on remediation efforts. As part of the same program, the foundation will invest resources alongside the community to further enhance security practices, infrastructure, and incident response capabilities across the ecosystem.The foundation will continue to invest in the resilience and security of Cosmos, with more details on the new funding program to be announced in the coming days.

iTrading platform Catapult Trade announced the completion of a total of $6.6 million in financing across 4 rounds. The seed round investors include KuCoin Ventures, Oddiyana Ventures, Venture Vault VC, and a T1 fund whose name has not yet been disclosed. Angel investors include Blockstreet co-founder and CMO Kyle Klemmer (WLFI and USD1 advisor), veteran trader MacnBTC who entered the market in 2017, and former Manta Network CSO Aamir Ghai (Harvard Blockchain mentor).The private placement round was participated in by operators such as the founder of LIS Skins (with a CS:GO market asset management scale of about $50 million) and the founder of Trady (a multi-chain trading terminal). The KOL round involved over 30 first-line traders and analysts. The financing will support Catapult Turbo (which has achieved a nominal trading volume of $6 billion and a net income of $3.3 million since its launch) and three new products: Gamified Futures, a Gamified Prediction Market powered by Obsidian, and TradFi and crypto classic futures. The $PULT token, as part of the iTrading token plan, is scheduled to launch in the fall of 2026. Strategic round participants will be announced before the TGE and are currently in discussions with several first-line exchanges for listing.

Pump.fun announced that its application now supports HyperEVM, allowing users to trade any HyperEVM tokens using USDC, and receive referral rewards along with a near-zero fee trading experience.Pump.fun stated that it is the first application to introduce HyperEVM into relevant trading scenarios.

Cosmos Labs announced that an ongoing security incident has affected users of the Cosmos EVM module. The security and engineering team at Cosmos Labs is actively responding to the incident and has advised validators on the Cosmos EVM chain in contact with them to suspend the operation of their chain.Cosmos Labs appreciates the swift response from all teams using Cosmos EVM and stated that an incident report will be released after the situation is resolved. If relevant teams are using Cosmos EVM and have questions, they can contact security@cosmoslabs.io.

TAC posted on platform X that an attacker exploited a vulnerability in the Cosmos EVM precompiled layer to transfer 2,985,651,403 TAC from a single account on the TAC network.The project team subsequently paused the network at block height 24,671,475 to prevent the attack from continuing.

According to HyperliquidNews monitoring, HyperEVM set a record for daily transaction fee revenue, reaching $538,100, with all fees paid and burned in hyperliquid.

According to HyperliquidNews monitoring, the average Gwei on HyperEVM rose from about 0.15 Gwei to 3 Gwei on August 22, and today it has increased to 60 Gwei, a 400-fold increase compared to before.

ChianCatcher news, well-known crypto KOL katexbt tweeted that HyperEVM is a huge failure, with 13 out of 18 HyperEVM projects being a complete waste of time.Specifically, this includes 2 that have been delayed (felix, hyperbeat), 7 that are dead (hyperdrive, hypurr, liminal, hyperstablex, looped, laminar, sentiment), 3 that have achieved nothing after TGE (hyperlend, hyperswap, kittenswap), 1 that is still pending but will be delayed (valantis), 1 that had a decent early participation (harmonix), 1 that might still be good (unit / tradexyz), and only 3 that are performing decently (Markets / Kinetiq, ProjX, and Nest).

VeChain Foundation announced the entry into the next phase of the Renaissance roadmap, Interstellar. Previously, Galactica completed the EVM foundational upgrade, and Hayabusa completed the transformation of consensus and token economics. Interstellar aims to deepen the EVM compatibility of VeChainThor with the Ethereum ecosystem and expand developer capabilities.The first upgrade proposal, VIP-255, will introduce execution layer improvements compatible with Ethereum versions such as Cancun, Prague, and Osaka, including transient storage, MCOPY instruction, and cryptographic support for BLS12-381 and secp256r1. Voting will take place from August 10, 2026, 00:00 UTC to August 17, 2026, 00:00 UTC via the VeVote platform, allowing validators and eligible StarGate NFT holders to participate. This upgrade does not affect the VET and VTHO token economics, and regular holders do not need to take any action.

The Hyper Foundation announced that it will provide approximately $10 million in grants to developers affected by the USDH exit, to cover migration costs and support an orderly transition of the ecosystem. This round of funding will be allocated to affected HIP-1 spot deployers, HIP-3 perpetual contract deployers, HyperEVM protocol, USDH:USDC cross-chain bridge, and other ecosystem participants.Among them, migration grants are aimed at teams migrating USDH-related markets or deployments to USDC; while exit grants are for projects that choose to terminate USDH-related businesses, with amounts lower than equivalent migration plans, to encourage a smooth conclusion of the ecosystem. HIP-1 and HIP-3 grants are based on auction deployment cost estimates, while HyperEVM grants are assessed based on the scale of USDH TVL affected. All beneficiaries must complete migration or business closure by the end of July.On the user side, USDH holders need to operate according to the guidelines of each protocol and can complete the exchange to USDC through the spot market or HyperEVM path. The official has provided support for asset conversion with no fees or spot trading channels. The Hyper Foundation also stated that the USDH migration is progressing smoothly, thanks to the active cooperation of developers and the community, and expressed gratitude to the relevant builders.

Etherlink posted on platform X that the Etherlink EVM Bridge has become a target of a security attack. As a precaution, all transfers have been suspended to protect user funds while the issue is being investigated. No funds have been lost.The team is working closely with LayerZero, Asymmetric Research, and Zeeve to investigate the issue and ensure that the attack attempts are fully mitigated. A timeline for restoring services has not yet been determined.

According to official news, Polygon Labs announced that the Polygon zkEVM Mainnet Beta sequencer will be taken offline on July 1, 2026, and the timeline was first announced in June 2025.The official reminder states that on-chain wallet assets must be bridged to the Ethereum mainnet via ui.agglayer.dev before this date. On-chain wallet balances that are not bridged in time will be automatically migrated to Ethereum L1 and can be claimed through a dedicated interface afterwards.Polygon emphasizes that it does not control any DeFi protocols on zkEVM, and assets locked in DeFi contracts cannot be automatically migrated. Protocol teams and users must actively withdraw and migrate liquidity before July 1, and any automatically migrated assets that remain unclaimed after the deadline will be considered forfeited after December 31, 2027.

According to Arkham monitoring, Circle has just transferred 4.397 billion USDC to Coinbase via HyperEVM.

Sei releases the next-generation protocol upgrade "Giga" roadmap, planning to significantly enhance transaction performance by restructuring the execution client, state management, and consensus mechanism. Core upgrades include: Ares execution client (optimizing performance through pipelined execution and asynchronous processing); Eidos state management (replacing the Merkle tree with a flat key-value store, separating hot data from cold archives); Autobahn consensus mechanism (targeting 200,000 TPS and 400 milliseconds finality, with the internal test network already achieving 5 Gigagas processing capability); Sedna private memory pool (introducing a cryptographic transaction propagation mechanism); and gradually phasing out Cosmos SDK and CosmWasm through SIP-3, transitioning to a pure EVM architecture.