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Security & incidents
Hacks, vulnerabilities, fraud, asset loss and security-control disclosures.
Image: crypto.newsBNB Chain Pasteur Hard Fork Goes Live on August 25 With Security and Capacity Updates
According to reporting by crypto.news, BNB Chain has activated the Pasteur hard fork on the BNB Smart Chain mainnet. The upgrade requires node operators to upgrade to client version 1.7.7, while introducing three core improvement proposals targeting bridge security, validator governance, and transaction processing capacity. These performance gains remain not officially confirmed for live production traffic.
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crypto.newsBNB Chain Pasteur Hard Fork Goes Live on August 25 With Security and Capacity Updates
According to reporting by crypto.news, BNB Chain has activated the Pasteur hard fork on the BNB Smart Chain mainnet. The upgrade requires node operators to upgrade to client version 1.7.7, while introducing three core improvement proposals targeting bridge security, validator governance, and transaction processing capacity. These performance gains remain not officially confirmed for live production traffic.
crypto.newsFake Hyperliquid Google Ad Linked to Inferno Drainer Steals USDC
A Hyperliquid user lost approximately 550,000 USDC after a Google sponsored advertisement redirected the victim toward a fraudulent replica of the decentralized trading platform. Blockchain security researchers have linked this theft infrastructure to the Inferno drainer ecosystem, though these specific allegations remain not officially confirmed by the platform or independent authorities.
crypto.newsUpbit and Bithumb Place The Sandbox Token Under Caution After Bridge Security Incident
South Korean crypto exchanges Upbit and Bithumb have designated The Sandbox token as an investment caution asset following a cross-chain bridge incident. This development, which remains not officially confirmed by independent technical audits, highlights ongoing scrutiny over token security across major trading venues.
crypto.newsThe Sandbox's 49 Billion Phantom Mint: Analyzing Cross-Chain Vulnerabilities and Safeguards
According to reporting by crypto.news, an attacker weaponized an ERC-20 function on The Sandbox token contract to mint unbacked tokens on Base, though actual reserve extraction was heavily constrained, and these claims remain not officially confirmed by primary sources.
CointelegraphTerm Finance Reports Estimated Losses Following Vault Governance Exploit
Decentralized lending platform Term Finance suffered a major security breach affecting its strategy vaults, with blockchain security monitors estimating losses at approximately $8.5 million. The incident, which is not officially confirmed by all parties, led to the permanent closure of the protocol's Meta Vaults.
crypto.newsTerm Labs Vault Exploit Drains Estimated $8.5 Million in Reported Governance Attack
Term Labs has acknowledged an ongoing security investigation after a governance exploit targeted its lending vaults, with external blockchain researchers estimating total losses at approximately $8.5 million, though these figures remain not officially confirmed.