TREE NEWS reports: A third exploit transaction on the X100 token moved roughly 549,916 X and 1,909 USDT to a new beneficiary, with a different sender behind the transfer. The affected Uniswap pool held less than 200 USDT at the time. The incident marks the latest in a series of X100 exploit transactions targeting the token’s Uniswap liquidity.
TREE NEWS update: X100, an Ethereum-based project, suffered an ongoing exploit that had drained about 4.85 million USDT across two transactions as of 22:49, security firm Blockaid said on October 24. One attacker seized two of the project’s three “Senate” governance seats and sold 400,000 X tokens from the treasury into a self-created empty pool, while a second attacker destroyed the Uniswap V3 liquidity position held by the “Freezer” contract. Blockaid published the attacker addresses and sample transactions.
TREE NEWS reports: Machi Big Brother’s 25x leveraged Ethereum long position was partially liquidated during a brief crypto market crash on October 24, leaving just 252 ETH worth about $592,000. The remaining position carries an unrealized loss of roughly $24,000, with a liquidation price of $2,326, on-chain data show.
TREE NEWS update: Shaw has published a reconstruction of Daos.fun, reporting that captured and rebuilt binaries match. Daos.fun says it no longer maintains the platform, though existing tokens remain tradable. The disclosure centers on what Shaw describes as a critical flaw in the platform.
TREE NEWS reports: Pump.fun generated about $1.98 million in revenue over the past 24 hours, edging past Hyperliquid’s $1.96 million to rank third on DefiLlama’s revenue leaderboard, behind only Tether at $17.28 million and Circle at $6.88 million. The ranking uses Pump’s total business revenue, covering token issuance, PumpSwap and its trading terminal, not token-issuance revenue alone.
TREE NEWS update: HSBC on Friday activated its Hong Kong dollar stablecoin inside PayMe, its mobile payment app with 3 million users, testing whether a bank-issued token can function as everyday money. The launch places a regulated bank stablecoin directly in consumer wallets in Hong Kong.
TREE NEWS reports: Falcon Finance will unlock 210 million tokens worth about $20.68 million, more than 6% of its circulating supply, in the coming week’s token release schedule. Kamino will unlock 230 million tokens valued at roughly $9.34 million, and EigenLayer will release 36.81 million tokens worth about $7.62 million. Collector also appears on the schedule, but its unlock amount was not disclosed.
TREE NEWS reports: A wallet linked to a scam targeting Coinbase users moved 3 million sUSDS to a new wallet, converted the funds and deposited a total of 1,389.6 ETH into Tornado Cash across 36 transactions, Salus monitoring showed on October 24. The wallet was identified in 2025 reports as connected to the scam activity.
TREE NEWS update: Initia disclosed that an attacker exploited a script caching vulnerability in its MoveVM on Oct. 23 at 22:59 (UTC+8), bypassing security checks and forging MoveVM state to credit themselves with unbacked WETH, iUSD and USDC worth about $2.7 million. The protocol said total supply of those tokens was unchanged and that no INIT was minted, leaving its total supply unaffected.
TREE NEWS reports: Arthur Hayes is selling tokens worth $22.28 million, including 6,400 ETH valued at $15.2 million. The wallet labeled 0xaE…214D is also offloading 14 million ENA worth $2.76 million, 323,000 UNI worth $2.24 million, 1.89 million ETHFI worth $1.23 million, 546,609 AERO worth $398,000, 120,000 PENDLE worth $244,000 and 3 million ZAMA worth $214,000.
TREE NEWS update: Mastercard has adopted an agentic payment scheme built on x402 and USDC, settling transactions on the Base network, Base said. The arrangement uses the x402 payments protocol with USD Coin as the settlement asset. It marks a step toward machine-initiated payments running on public blockchain rails.
TREE NEWS reports: USDC’s circulating supply fell by roughly 500 million tokens in the seven days to Oct. 22, as Circle issued about 12.8 billion USDC and redeemed about 13.3 billion. Total circulation stands at 72 billion USDC, backed by reserves of about $72.2 billion, including $36.1 billion in overnight reverse Treasury repo, $25.9 billion in Treasuries maturing in under three months, $9 billion in systemically important institution deposits and $700 million in other bank deposits.
TREE NEWS update: Initia has not set a restart date after an attacker minted tokens and bridged out $2.7 million, co-founder Zon said in a preliminary assessment pointing to a MoveVM flaw. D2 Finance traced the payouts to LayerZero adapters on Ethereum.
TREE NEWS update: Phantom has started a staged US launch of prediction markets inside its wallet, with trades routed through Kalshi accounts that users open or link within the app. Each contract carries two cents in trading fees. The rollout marks the wallet provider’s entry into event-based trading for US users.
TREE NEWS update: Swell has frozen withdrawals of its swETH and rswETH liquid staking tokens until it corrects the exchange rates reported by their contracts. Holders cannot redeem through the protocol for now, and on decentralized exchanges the tokens trade well below the inflated rates their contracts show. The move follows a discrepancy between contract-reported rates and market pricing.
TREE NEWS update: Decentralized perpetuals exchange Lighter now accepts ether.fi’s liquid staking token weETH as collateral for perpetual futures trading. weETH carries a 70% loan-to-value ratio against index price and an 85% liquidation threshold, with a per-user supply cap of 800 tokens and a platform-wide cap of 1,000. Lighter previously supported ETH and XAUT as multi-asset margin.
TREE NEWS update: USDC Treasury minted 250 million USDC on the Solana network at 05:21 Beijing time on October 24, worth approximately $250 million. Solscan data shows the MintTo transaction was successfully confirmed.
TREE NEWS update: A new Arbitrum proposal would reopen Stylus contract activations under Foundation sign-off, while keeping existing active contracts and renewals permissionless. The DAO would also gain the power to revoke the Foundation’s signing authority. The plan is aimed at restoring a gated activation process for new deployments.
TREE NEWS update: Initia suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum, with losses reportedly exceeding $2.6 million. The halt follows the detection of the exploit, which involved unauthorized token creation and the movement of funds to Ethereum.
TREE NEWS update: Agora said an exploit on the Initia network struck a third-party product that uses its AUSD stablecoin, not Agora’s own contracts. Ethereum records show 1.4 million AUSD left a bridge adapter, while Agora stated it has no smart contracts deployed on Initia.