BlockSec Phalcon said Wanchain’s Cardano cross-chain bridge was hit by an exploit, resulting in the theft of about 515 million NIGHT tokens. In its initial findings, the security team pointed to an apparent non-injective encoding issue in the TreasuryCheck validator’s handling of signed messages. The message in question was built by raw concatenation of 14 variable-length redeemer fields using an `AppendByteString` fold, without separators or length prefixes. That construction can allow different field-value tuples to produce the same byte string. If the byte string is identical, the resulting hash can also match, which in turn may let a valid signature be reused. The account is based on BlockSec’s monitoring and an early-stage investigation described in the source material.

Decrypt’s Morning Minute said Jesse Pollak, the Coinbase executive leading Base, has handed the consumer-facing Base app back to Coinbase and put Cobie in charge of the related trading product stack. In the same update, Pollak said one of his core strategic calls for 2024-2025 was wrong: he no longer believes onchain social would be the growth engine for Base. He said the areas he backed most heavily, including Farcaster, Zora, miniapps, and creator coins, had "disintegrated completely," and he publicly apologized for his stance on content coins. The newsletter also sketched out Pollak’s new focus for Base. He wants the network to become “the blockchain for global finance,” with trading, payments, and agents set as its three priorities for 2026. Cobie, meanwhile, is expected to oversee trading products across the CB app, Pro, and Baseapp, taking on competition from Kraken, memecoin apps such as Pump Fun and Fomo, Robinhood, and Kalshi. Across markets, crypto majors pulled back in midweek trading, with BTC at $64.2k and ETH at $1,885. U.S. spot Bitcoin ETFs posted $107 million in net inflows on Wednesday, while spot ETH ETFs brought in $54 million. The newsletter also highlighted an $18 million exploit at Ostium, policy discussions around the CLARITY Act, blockchain IPO efforts from Cantor Fitzgerald and Securitize, and fresh moves on crypto classification in South Korea and Japan.

CoinMarketCap data showed mixed action among the top 100 crypto tokens by market cap. Midnight (NIGHT) led gainers with an 11.84% rise, while River (RIVER) posted the biggest decline of the day, falling 4.62%.

The $NIGHT token airdrop from Midnight Network ends October 20, 2025. A total of 2.4 billion tokens were minted, with 41.18% to the foundation and 35.29% to reserves. Unclaimed tokens will roll over to the next phase in November.

Midnight Network has officially launched and is being positioned as a fourth-generation blockchain. Charles Hoskinson and other speakers outlined the network’s capabilities and future potential during the launch event, with an encore session scheduled for Friday at 3:00 PM HKT.

WEMADE and WEMIX PLAY have opened global pre-registration for the Web3 version of Legend of YMIR, a fantasy MMORPG built on Unreal Engine 5. Players can earn exclusive NFT rewards, participate in staking events, and receive gWEMIX tokens ahead of the official launch.

WEMADE and WEMIX PLAY have launched global pre-registration for the Web3 version of Legend of YMIR, featuring gWEMIX rewards, staking campaigns, NFT incentives, and community events ahead of launch.

WEMADE and WEMIX PLAY announce global pre-registration for the Web3 version of Legend of YMIR, a fantasy MMORPG built on Unreal Engine 5. Players can earn exclusive rewards, participate in staking events for NFTs, and join the Valhalla Trials for token airdrops.