evm

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 it will take down the Polygon zkEVM Mainnet Beta sequencer 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 proactively withdraw and migrate liquidity before July 1. Assets that are automatically migrated and not claimed by the deadline will be considered abandoned 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.

The Cosmos ecosystem chain Evmos has a governance proposal called "Evmos Shutdown," which indicates that Evmos nodes will stop operating at block height 37,318,000. Currently, the Evmos block explorer, official website, and other services are inaccessible.

According to on-chain analyst Yu Jin's monitoring, a certain address has just applied to redeem 892,000 HYPE on the HyperEVM chain, worth $55.09 million; the redemption takes 7 days and is expected to be completed next Thursday evening. After the redemption is successful, it may continue to transfer to Hyperliquid for profit-taking sales.

According to GMGN data, the market capitalization of the HyperEVM chain meme coin ALT has exceeded 7 million USD, currently reported at about 6 million USD, with a 24H increase of over 440%.ChainCatcher reminds users that the price of meme coins is highly volatile, and investors should be aware of the risks.

According to official news, Ondo Finance announced the introduction of tokenized stocks and ETFs to Hyperliquid's HyperEVM ecosystem via the LayerZero-based Ondo Bridge, bringing them from the BNB Chain and Ethereum. Currently, 35 types of tokenized assets support cross-chain transactions, including SPY on, QQQ on, NVDA on, TSLA on, GOOGL on, CRC on, NFLX on, BABA on, and more.Users can combine tokenized spot stocks with perpetual contracts on Hyperliquid to execute advanced trading strategies such as basis trading, funding rate arbitrage, and delta-neutral strategies. Ondo stated that its tokenized stocks do not rely on fragmented on-chain liquidity but are anchored to the underlying liquidity of traditional markets like NYSE and Nasdaq.Since its launch in September 2025, Ondo Global Markets has become the world's largest tokenized securities platform, with a total locked value (TVL) exceeding $970 million and a cumulative trading volume approaching $18 billion.

Wasabi Protocol released a security incident update, stating that attackers exploited a configuration vulnerability in the Spring Boot Actuator within its AWS infrastructure to steal the private keys controlling EVM smart contracts, resulting in the theft of approximately $4.8 million in user funds and $900,000 in protocol treasury funds, with total losses amounting to about $5.7 million.The attack chain began with a public server used for analysis, whose Actuator heap dump was not properly password protected, allowing attackers to obtain credentials for another server and ultimately gain control of the smart contract private keys. This incident only affected EVM deployments, including certain treasuries on Ethereum, Base, Blast, and Berachain, while Solana deployments and Prop AMM were not affected.There has not yet been a final update on the user compensation plan, but "ensuring all affected users are compensated" remains the team's top priority, and updates on the investigation progress will be released in the Discord community in the future.

The cryptocurrency trading platform SuperEx announced the launch of MegaETH (MEGA) in the innovation zone and opened the MEGA/USDT spot trading pair. Trading officially starts on May 6, 2026, at 11:00 Beijing time (03:00 UTC), and the deposit and withdrawal channels will soon be opened.The official stated that with the launch of spot trading, MEGA will also be included in the margin support range for all cryptocurrency contracts, allowing users to directly use it as margin assets for contract trading.It is reported that MegaETH is a fully EVM-compatible Optimistic Layer 2 network, which uses Ethereum as the settlement layer and employs EigenDA to provide data availability (DA).

AMM infrastructure Ekubo posted on platform X that a security incident occurred with the Swap routing contract on the EVM chain, but liquidity providers were not affected, and Starknet was not affected. The team is investigating the scope of the incident and recommends that users immediately revoke all authorizations for the affected addresses.The affected addresses include the V2 and V3 contract addresses on Ethereum, as well as the V3 contract address on Arbitrum. The team is preparing a post-incident analysis report and reminds users to be cautious of links claiming to be related to the Ekubo Protocol or the vulnerability.

Wasabi Protocol stated that Wasabi's contracts on Solana are secure and not affected by this vulnerability. The vulnerability is limited to Wasabi's EVM deployment. The team is working with leading security teams and has contacted law enforcement and the FBI. Further updates will be announced when available.

Slow Fog stated that ZetaChain was exploited in an attack. Preliminary analysis shows that the root of the vulnerability lies in the lack of access control and input validation in the GatewayZEVM contract's call function. Attackers can use this to initiate malicious cross-chain calls and execute arbitrary operations to transfer funds on the target chain through a relay mechanism.Slow Fog mentioned that the attackers triggered the relayer to execute malicious calls by forging cross-chain events, thereby completing the theft of funds. Relevant attack transactions have now been disclosed.

ZetaChain announced that the GatewayEVM contract was attacked, but it only affected the internal team wallets of ZetaChain. The team has blocked the attack vector to ensure that no further funds are at risk and will release a detailed post-mortem analysis report after completing the investigation.Currently, as a precaution, ZetaChain has suspended cross-chain transactions. The investigation is still ongoing, and so far, no user funds have been affected by this attack. The current status can be tracked on the relevant page.

According to The Street, the lending protocol Purrlend was attacked on the MegaETH and HyperEVM networks, resulting in a loss of approximately $1.52 million.The attacker extracted about $1.2 million in assets from the HyperEVM network, including 449,683 USDC, 214,125 USDT, 194,745 USDH, as well as some UBTC, wstHYPE, UETH, kHYPE, and WHYPE. The attacker also extracted about $324,000 in assets from the MegaETH network, including USDT, WETH, and USDm.Currently, Purrlend has suspended the protocol and launched an investigation, and the attacker's address has been identified in the block explorers of both networks.

According to monitoring by the on-chain security agency PeckShield, HyperEVM is suspected to be experiencing a major failure, as the block explorer page shows that the latest block and transactions have been stuck at "1 hour ago," with some blocks showing zero transactions, and on-chain data appears to have stopped updating.However, according to user replies, the aforementioned anomaly is actually a data delay issue with the block explorer itself, rather than a failure of the HyperEVM underlying chain------the top of the browser page even has a banner indicating "block data may be delayed," and other third-party explorers (such as Hyperscan) still show normal on-chain activity.

EY announced the launch of the Blockchain Privacy Sandbox, a web-based development environment designed to help businesses and developers experiment with privacy-preserving smart contracts on public chains compatible with the Ethereum Virtual Machine. It is reported that this sandbox environment is based on the open-source technology Starlight, allowing developers to convert standard Solidity smart contracts into applications with privacy protection features while retaining the original contract logic, and providing exploratory, replicable, and modifiable sample projects to accelerate proof of concept development.Currently, the Blockchain Privacy Sandbox is mainly used for experimentation and validation, supporting businesses in assessing the feasibility of privacy smart contracts, testing functionalities, and validating application scenarios before officially integrating Starlight. EY stated that this tool lowers the technical barrier for conducting privacy experiments on public chains by providing an easy-to-use web environment. Starlight, as the underlying ZKP compiler, has been open-sourced, allowing developers to integrate privacy features through its GitHub repository. As businesses' demand for data privacy protection on public chains increases, the attention on zero-knowledge proof technology continues to rise. Relevant reports indicate that the global ZKP market is expected to reach approximately $7.6 billion by 2033.

MetaMask tweeted that it now fully supports the HyperEVM network, allowing users to directly exchange tokens between MetaMask and the HyperEVM network.

According to Cointelegraph, the supply of HyperEVM's stablecoin has surpassed 1 billion dollars, surging 96% since February.