Blockaid detected an ongoing exploit on Avalanche targeting a Tranche Vault linked to Fence Finance and Valinor Digital, resulting in about $1.01 million USDC stolen in two transactions. The attacker used a flash loan to mint inflated tranche shares and redeemed them against the vault's USDC reserves. This incident shows the limits of onchain fund recovery, as issuer blacklists failed to recover or freeze any stolen funds, with attackers quickly converting assets to unfreezable forms via decentralized exchanges. The event highlights the speed and sophistication of such exploits, challenging post-incident recovery efforts.
The Blockaid detection of a $1.01M Avalanche vault exploit provides context for readers. For those following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 29, 2026 11:51 WIB: out of 50 major cryptocurrencies, only 7 rose while 42 fell. EOS gained 8.13% to Rp12.649 with a typical hold time of 87 days, contrasting with ONE which dropped 7.70% to Rp22 and saw 71% sell orders, and BAT which fell 6.24% to Rp2.530 but had 100% buy orders and a typical hold time of 93 days.
The global music market is projected to grow from $36.13 billion in 2026 to $57.74 billion by 2032, at a CAGR of 8.07%, fueled by paid streaming subscriptions, smartphone adoption, and digital music discovery. North America remains the largest market...
Onterris is rated Buy with a $21 price target due to expected earnings recovery, deleveraging, and ongoing strategic review. The company's high-margin Measurement & Analysis segment and recovering emergency response business are projected to drive EB...
Montana Senator Steve Daines has expressed support for Chainlink and the digital asset industry ahead of Chainlink's Link:NYC event on October 29, which will gather financial institutions and blockchain leaders to discuss tokenized assets, stablecoin...
VIA Labs launched a new cross-chain messaging system linking Stellar's Soroban smart contracts with Ethereum mainnet, enabling stablecoin transfers, tokenized assets, and cross-chain contract execution. This integration uses a burn-and-mint mechanism...
The SEI QiM U.S. Large Cap Value Active ETF (SEIV) has been upgraded from neutral to Buy due to its strong performance and favorable portfolio metrics, including a 0.6 PEG ratio and high profitability grades. Since its inception in 2022, SEIV has out...
