Solana validators are voting through Thursday on three linked governance proposals: a network constitution, accelerated token disinflation, and a fee burn mechanism. The votes represent the most significant structural changes to the network's governance and economics since its launch.
Security researchers identified 40 malicious Firefox add-ons impersonating popular wallet extensions including OKX, Rabby, and TronLink to steal recovery phrases from users. Exposed wallets may require migration even after extension removal, with nine malicious extensions having pivoted from sports-score tools to credential harvesting.
Cosmos Labs issued an urgent recommendation for EVM chains to halt operations following security incidents affecting MANTRA, TAC, and KiiChain. KiiChain stated that delayed warnings allowed attackers to drain funds before the affected networks stopped.
Term Finance permanently closed its Meta Vaults and revoked their DAO governance powers following an August 23 exploit that drained $8.5 million in ETH and stablecoins. New reporting indicates the attacker gained control over vault authorization through a governance process rather than exploiting a direct smart contract flaw.
Grayscale converted its existing Zcash trust into a spot ETF trading Tuesday on NYSE Arca under ticker ZCSH with a 2.5% sponsor fee. ZEC recently retreated $100 from an 8-year high.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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