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📢 Update: Payy begins rolling out a compensation plan for affected users.

Following the September 24 attack on its cross-chain bridge contract, Payy — a privacy-focused payment network — has officially announced a reimbursement plan for victims.

📌 Key information:
🔹 Total losses: Approximately $1.8 million (the entire balance in the contract was stolen).
🔹 Compensation method: Reimbursement in USDC via the Ethereum network.
🔹 Registration deadline: Within 30 days of the announcement.

💡 Quick analysis:
- This move demonstrates the project team’s willingness to make things right and take responsibility for addressing the aftermath of the security incident.
- Notably, the Payy Wallet service will officially shut down completely after this compensation program ends.
- This serves as a warning to investors about potential security vulnerabilities when using cross-chain bridges.

👉 Guiding insights — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1

#Payy #BaoMat $ETH

🚨 Big exchange hacked—are your funds safe?

Bitget has just confirmed a security incident affecting a portion of its hot wallet system, impacting approximately $351.6 million worth of assets. The exchange has temporarily suspended withdrawals to investigate and stated that cold wallets remain safe. Notably, Bitget’s Protection Fund is sized at $464 million—larger than the disclosed losses.

For traders, this news matters for two reasons. First, when withdrawals are paused, your capital can become locked up right when you need to adjust positions. Second, market sentiment is easily shaken after hacks, even though this time $BTC only dipped slightly by -0.94% over the day.

My perspective: the protection fund is a good buffer, but it doesn’t replace the habit of managing risk yourself. Hot wallets are always the weakest point because they’re online continuously. Assets that you don’t use for frequent trading should be considered for storage where you control the keys yourself. Diversifying capital across multiple places also helps ensure one incident doesn’t paralyze the entire plan.

The biggest takeaway: read carefully how the exchange reports the incident—transparency speed says a lot.

Source: Blogtienao

How many percent of your assets are you keeping on an exchange, and why?

#Bitget #BaoMat #CryptoSafety

💎 Notable security incident: Payy Network was hacked, causing losses of millions of USD!

A serious vulnerability has just been discovered by Specter Investigation in the Payy secure payment network, leading to large-scale asset losses.

📌 Specific details:
- Total losses: Estimated at around 1.8 million USDC.
- Method: The hacker used the Railgun protocol to raise funds, then swapped the USDC to ETH and distributed the money across 3 different wallets to move the assets and evade detection.

💡 Key takeaways:
- Security risks always remain present on networks focused on privacy.
- Money-mixing tools (mixers) continue to be a powerful “weapon” that helps crypto criminals erase traces.
- Investors need to be extremely cautious—avoid concentrating capital into new projects before they have credible security audit reports.

👉 Stay on top of the trend — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1

#ETH #USDC #BaoMat #CryptoNews $TRX #Blockchain

755 million USD in just one quarter — 83 hacks, Q2 2026 has become the worst quarter in crypto history for cybersecurity. Cross-chain bridges continue to be the Achilles' heel, accounting for over 60% of the losses (453 million USD). Compared to the previous quarter, incidents increased by 60%, and the losses doubled.

This is no longer an isolated incident. TVL on bridges drops an average of 15-20% after each attack, with institutional money fleeing from high-risk DeFi. A cautious sentiment is spreading, dragging down the prices of related assets and increasing regulatory pressure.

As a trader, I see this as a signal to tighten risk management: thoroughly vet platforms before staking, prioritize independently audited protocols, and diversify storage points. Security risks are permanent; opportunities always come with losses. Protect yourself first.

#BaoMat #DeFi #CryptoSecurity #Q2 #Hack

A protocol that has been audited 11 times can still vanish $128 million in the blink of an eye.

The $972 million in losses from recent hacks is ringing alarm bells: the biggest vulnerabilities no longer lie in the smart contract code, but in the people and operational processes themselves.

Immunefi’s report shows that most of the stolen funds come from leaked private keys, incorrect authentication settings, or flaws in the governance voting mechanism. For example, a developer exposed a private key, causing the project to lose $30 million outright; or an attacker only needed to buy tokens to manipulate votes and siphon out $20 million without breaking a single line of code.

As a trader, the hard lesson here is: never blindly trust the wording “has been audited” from projects. Audits only verify the source code at a specific point in time, and they do not protect a project from the operational team’s negligence.

Before you put in money, carefully assess how they manage multisig and how they distribute governance power. Capital safety should always be the top priority.

#BaoMat #DeFi #Web3 #QuanTriRuiRo

A record $2 billion allegedly stolen by North Korean hackers over the past year is proof that security and legal compliance are always the market’s weak points. The incident involving the arrest of the country’s former military hackers after they hacked their country’s central bank, then laundered funds through offshore crypto wallets via OTC transactions in China has once again sounded the alarm.

Dirty money is split into smaller amounts and dispersed with sophisticated methods, reflecting why global regulators are tightening oversight more and more. The direct consequence is increasing legal pressure on OTC channels, and security solutions will face heavier strain—potentially indirectly affecting the market’s overall liquidity in the short term.

As a long-time trader, I don’t see this as a time to panic over FUD, but as an opportunity to re-examine how to protect your own assets. Prioritize using secure storage methods and always place risk management at the top before any market fluctuations.

#PhapLy #BaoMat #CryptoMarket #AnNinhMang

BlackRock and a $15 million strategy to protect Bitcoin. A grant to develop post-quantum cryptography (PQC) for the network.

Powerful quantum computers threaten Bitcoin’s ECDSA algorithm. Shor’s algorithm can decrypt private keys from public keys. BlackRock needs to protect the IBIT ETF fund and customers’ assets.

The funding will be transferred to Bitcoin Core developers. They are testing hash-based signatures such as XMSS and BPQS. The goal is to optimize signature size and avoid network congestion.

The upgrade requires a Soft Fork. Users must move BTC to new secure addresses. The biggest challenge is 3–4 million BTC held in wallets that have lost their keys, making them vulnerable to quantum attacks.

A move to strengthen long-term confidence. There are existing technology risks, but they are being addressed early. Follow the proposed roadmap for Bitcoin improvements (BIP). Do thorough research before transacting.

#BTC #BaoMat #CongNghe #Bitcoin

More than 600 BTC worth $38 million has evaporated due to a firmware bug on a Coldcard hardware wallet, long considered a security fortress.

This incident deals a heavy blow to the “trustless” mindset of the self-custody school. When attackers can recreate private keys because of a low-quality random string generation error, many traders realize they’re essentially trading counterparty risk for hardware and supply-chain risk. The direct consequence is that large funds may shift more decisively toward spot Bitcoin ETFs or professional custody services in search of legal safety.

My view is that there is no absolutely safe solution. Self-custody of private keys requires extremely stringent technical knowledge. In a volatile market, diversifying how you store assets is essential to minimize systemic risk.

Always proactively check your devices, update manufacturer recommendations, and do thorough research (DYOR) before making any allocation decisions.

#BTC #BaoMat #TuLuuKy #ETF

594 BTC worth $38 million disappeared in just 25 minutes from 500 cold wallets thought to be the safest—an expensive warning for the self-custody philosophy.

The hack targeted an old firmware flaw (from version 4.0.1 in 2021) in the Coldcard Mk3 wallet, when the device accidentally skipped the hardware random number generator and switched to a more predictable software mechanism. Although this event has not directly affected the BTC price path—BTC is still hovering above the $64,000 mark—it dealt a heavy blow to the sentiment of long-term holders. When even “fully offline” wallets can be exploited remotely due to a code bug, system-level risk is something we must take seriously.

My view is that there is nothing that is absolutely safe in this market. If you’re using an older Coldcard Mk3 device, immediately check the firmware version and proactively move your assets to a new address if needed. Managing security risk is just as important as managing capital in a futures exchange. Always stay cautious and do thorough research.

#BTC #BaoMat #Crypto #Coldcard

Number 1.84 million USD evaporates away just because of a fake Bitcoin wallet app on Apple’s App Store—a brutally expensive warning for the crypto community.

A recent federal lawsuit alleges that this tech giant delayed removing the fraudulent Sparrow Wallet app even after it had received damage reports from earlier victims. Many people lost all the BTC they had accumulated; one person lost as much as 7.4 BTC simply because they trusted the App Store filter and entered the recovery phrase (seed phrase) into the fake app.

This incident highlights a harsh reality: even platforms considered the safest still have review and moderation loopholes. As a trader, I always remind myself that my assets are something I must take responsibility for. Entering a seed phrase into mobile apps that haven’t been thoroughly verified is an extremely dangerous act—especially since the official Sparrow wallet actually only has a desktop version.

Always take the initiative to protect your wallet: use a hardware wallet when necessary, and always do thorough research (DYOR) before downloading any financial application.

#BaoMat #PhapLy #BTC #Bitcoin

Having surpassed $30 billion in volume, NEAR Intents were exploited, losing $3.8 million — $NEAR immediately dumped about 6% to near $4.94.

The issue lies in the bridge between the Omni system and the smart contract. The project confirmed it has been patched and will fully reimburse users; the mainnet is unaffected.

$4.94 is the direct support zone I’m monitoring. If it breaks, high-leverage longs will get swept—there isn’t any clearly defined support zone right below it. Only after the news calms down and it holds will the chart have a reason to recover.

To futures traders: catching the knife right as the security news just broke is truly a risk—not being overly cautious. I’m waiting for 1–2 confirmation candles at $4.94 before making any decisions—no new entries right now.

Fellow chart watchers: take a look below $NEAR to see which side—buy or sell—is leaning the market 👇

#NEAR #DeFi #BaoMat #Altcoin

An incident involving the leak of 678,000 tax records in France is merely a cybersecurity scare, or is it the next liquidity-hunting trap set by whales?

More than 26,000 individuals earning over EUR 100,000 have had their financial data exposed, raising the risk of scams directly targeting crypto investors. In response to the news, the price $BTC has only pulled back slightly to the 62,877.3 USD level (down 0.83% over 24h).

From the perspective of their capital flow, big institutions really like to take advantage of FUD like this. When retail traders panic, whales can seize the opportunity to push down the price $BTC to sweep liquidity from leveraged positions before a new trend is formed.

Brothers, don’t rush to guess the top or bottom, and don’t misuse leverage at this moment. The most important thing is to re-check the security of your assets and follow risk management principles (DYOR).

In your opinion, is this consolidation phase of $BTC a forced price drop to accumulate orders, or the start of a real sell-off? Let’s discuss with me below! 👇

#BaoMat #BTC #Bitcoin #BinanceSquare

Could the new legal FUD from Reuters be a pretext for big funds to trigger a sell-off pulse, hunting liquidity around $BNB near the 605 USD mark?

Concerns about security have been raised as shared KYC data information circulates. However, from a cash-flow perspective, bad news like this is often exploited by whales to sweep Long leverage. In reality, $BNB is trading around 605.22 USD (down slightly 0.35% at the time of writing), showing a relatively calm reaction compared with the overall market rebound.

I don’t see the major players showing signs of массов unloading; they mainly hold and push down the price, pressing retail traders’ sentiment. The 600 USD zone is an important liquidity level that everyone should watch closely for candle reactions before taking action—avoid FOMO buying the dip too early.

Do you already have a position in $BNB , or are you still standing by and observing? Click $BNB below to check the candles! 👇

#BNB #PhapLy #Sanggiaodich #BaoMat

Thailand’s SEC files criminal charges against Bitkub for concealing a $50 million hack in 2021.

The Thailand SEC has filed a complaint against Bitkub and two former executives with technology police. The reason: publishing inaccurate information and hiding the extent of damage from the 2021 digital asset hack.

The act of concealment directly caused the collapse of a 2022 deal to sell a 51% stake worth $500 million to SCB bank. The exchange’s reputation has suffered a serious decline. Tighter regulations increase systemic risks across Southeast Asia. Investors worry and pull funds from domestic platforms that lack transparency.

Next steps: Closely monitor fund inflows and outflows at smaller exchanges. Withdraw assets to personal wallets or major exchanges with clear evidence of asset reserves. Don’t keep large sums in one place. Research thoroughly before trading.

#PhapLy #SanGiaoDich #BaoMat #Crypto

🔔 Breaking: Payy has officially launched a compensation process for affected users.

Following the cross-chain bridge contract exploit on September 24, Payy, a privacy-focused stablecoin payment network, has announced a plan to compensate victims.

*Incident details:*
🔹 Losses: Approximately $1.8 million (all funds in the contract were drained)
🔹 Compensation method: Payment in USDC on the Ethereum network
🔹 Claim deadline: 30 days from the announcement

*Key takeaways:*
- This demonstrates the project's responsibility in managing the crisis and protecting users' interests after the hack.
- The complete shutdown of Payy Wallet after the compensation period marks the end of the service.
- A reminder to the community that security risks are always present with cross-chain bridges.

👉 Get crypto news before everyone else — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1

#Payy #Security. $ETH

You buy a cold wallet to protect your assets, only to have a malicious chip implanted directly on its circuit board during shipping. Can you still trust the whole self-custody idea completely?

The news that Ledger devices were hardware-tampered with through third-party resellers has the community buzzing. Bad actors secretly integrated malicious microcontrollers to extract seed phrases as soon as users initialized their wallets—turning what was once considered the safest option into an unpredictable supply-chain risk.

This incident has reignited the debate: is holding ETF shares safer than keeping your own wallet? ETFs eliminate the risk of accidentally buying a tampered device or exposing your recovery phrase through carelessness, but in exchange, you take on third-party risks from the institutions managing them. Personally, I lean toward ETFs for my long-term holdings, while I only buy cold wallets directly from the official website—not through any third party. Despite the troubling security news, the price of $BTC was still hovering around $82,779 at the time of writing, with no sign of panic selling.

Are you going LONG or SHORT on $BTC here? Click $BTC below and check out the chart with me! 👇

#BTC #Bitcoin #BaoMat #Crypto

Just opened the chart and saw $ETH -4.53% to $2,574.42 — the reason: Justin Drake, a researcher at the Ethereum Foundation, just warned that $AI could crack ECDSA even before quantum computers can, within the next few months.

In reality, no vulnerabilities have been exploited on the network. But fears about private key security are enough to send the crowd selling in the short term — that’s crypto: emotions run ahead of the technology.

Drake recommends moving assets to a new wallet that has never signed a transaction, so the public key stays hidden behind a hash function. Technically, that’s sound — but don’t do it in a panic. Sending funds to the wrong network or falling for a scam could cost you everything, more than any price swing.

For derivatives: funding rates and selling volume don’t yet show big money pulling out — I’m not trying to catch a falling knife here; protecting capital comes first. If $ETH holds above $2,500 and volume contracts, then I’ll reassess.

Are you still holding $ETH through this, or have you cut your losses? 👇

#ETH #Ethereum #Crypto #Security

Hacker gains 36.9 million $ZANO without needing a single cent of collateral—brothers, do you believe this basic flaw still keeps happening?

The cause is that the Gateway Addresses feature after Hard Fork 6 is missing an authentication step. The criminals only need to create a gateway, and then they can mint tokens: on August 29, they minted 18.4 million $ZANO; by September 25, they minted an additional 18.4 million $ZANO along with the fUSD token.

Ironically, because Zano’s anonymity mechanism fully mixes the fake tokens into normal transactions, it’s impossible to blacklist or freeze them. The team had no choice but to take the most painful measure: rolling back the blockchain by 30 days to block 3,833,000.

Deleting a month of the ledger is a double shock—hurting liquidity while also raising questions about decentralization. My take: the technical foundation has been damaged at the core layer, and with no clear recovery signals yet, I haven’t stepped in. I’m waiting to see how the team handles the on-chain audit before considering re-entry.

Have you already taken a position in $ZANO, or are you still on the sidelines watching? Click $ZANO below to check the candlesticks! 👇

#BaoMat #Altcoin #ZANO #Blockchain

$AI self-propelled just exploited a vulnerability in the main Australian government software system — and this isn’t some far-fetched technology story; it’s directly targeting your money.

When cheap AI models can automatically scan and exploit vulnerabilities at scale, the technical barrier for hackers is nearly wiped out. Crypto with instant liquidity and real cash flow is the top target — not banks, not government systems. $BTC is fluctuating around 84.571 USD, and a sudden exploit from AI alone is enough to trigger a liquidation sweep across the chain in just a few minutes.

Even though AI is also being deployed to patch $BTC security vulnerabilities, my personal take is that you shouldn’t be complacent at this stage. If you’re trading futures, you should split your position size and set a stop loss — events like this don’t give warning.

#AI #Bitcoin #BTC #BaoMat

Even if a cold wallet is caught up in a serious security incident causing losses of more than $100 million, why does $BTC still quietly hold its green color around the $86,000 mark?

A high-stakes race in the mempool, where white-hat hackers scramble to successfully rescue more than 52 $BTC , is an expensive reminder of the risks of storage. However, the market’s reaction has been unexpectedly calm. At the time of writing, $BTC is trading at $86,000.1 (+1.21% over 24h), showing that buy pressure is proactively absorbing FUD news.

From a positioning perspective, the $86,000 zone is the key battleground right now. If the bulls successfully defend this support level, the short-term uptrend structure will continue to hold. Conversely, if a fakeout occurs and then price slips below $86,000, liquidation pressure could sweep through heavily leveraged Long positions, pushing them toward deeper buffer zones.

For me, protecting capital and setting a clear stop-loss is always more important than trying to guess the top and bottom.

Brothers and sisters, do you already have a position in $BTC or are you still on the sidelines watching? Click $BTC below to inspect the candles! 👇

#Bitcoin #BTC #BaoMat #Crypto #Futures