The Interfold’s token, FOLD, rose after South Korean exchange Bithumb announced a KRW trading pair on Aug. 28, briefly touching $0.10 and trading at $0.094 at the time of writing. That left the token with a circulating market capitalization of about $30.71 million and a fully diluted valuation near $120 million. The listing marked FOLD’s third major exchange debut in nine days, following launches on Upbit and Kraken after its Aug. 19 token generation event and the rollout of Network Alpha, the first production phase of its mainnet. The move also sharpened attention on who is setting the token’s price. Before Bithumb joined, Upbit’s KRW pair already accounted for roughly 55% of global volume, while two Uniswap v4 pools made up just over 30%. Earlier public price discovery through two Uniswap continuous clearing auctions had valued FOLD at roughly $0.023 and $0.0224, putting FDV near $27.6 million. Against a spot price near $0.096, those auction buyers were sitting on paper gains of about 4.2x to 4.3x. Supply remains a central issue. FOLD has a total supply of 1.2 billion, with 27.22% circulating at TGE. Linear unlocks for the foundation treasury, Gnosis Guild, airdrops, and team advisors are set to begin on Sept. 1, adding about 21.63 million tokens per month, or 6.6% of the current circulating supply.

Gnosis Pay hit by an active exploit tied to the Zodiac delay module. Co-founder Köppelmann and PeckShield advise withdrawing all EURe and GNO. Gnosis promises to cover losses and asks bridge validators to pause.

Gnosis started as a prediction market in 2015 and evolved into core Ethereum infrastructure including Gnosis Safe, Cow Protocol. Based on CryptoComLearn data, this article analyzes its history, tokenomics, and market impact.

Gnosis Pay has released a post-mortem on its June 1 security incident, identifying the root cause as a flaw in ERC-1271 signature validation within the Zodiac module. According to the report, the system only checked the contract’s return value and failed to verify whether the call had actually executed successfully. An attacker exploited this by deploying a contract designed to fail while still returning a value interpreted as “valid,” enabling forged authorization and unauthorized withdrawals from accounts they did not own. The vulnerability was introduced in Zodiac code version 3.4.0 in October 2023 and was patched on June 5. Gnosis Pay said the attacker extracted around $1.5 million across 5,281 wallets, including roughly $641,000 in GNO, $453,000 in EURe, and $399,000 in USDC.e. Another approximately $300,000 remains locked in inaccessible accounts, with recovery options still under review. The team said it will expand its security team, bring in external audits, widen smart contract audit coverage, and has already completed a full product rebuild under v2 to improve security and incident response capabilities.

Zodiac published a full post-mortem on the June 1 incident affecting Zodiac Roles Modifier v2.1.0 and Delay Modifier v1.1.0. The team said its ERC-1271 contract-signature check accepted signatures based only on the returned magic value without verifying that the call had succeeded, allowing a failed check to appear valid in a narrow Safe configuration.

Zodiac published a post-mortem on the June 1 incident affecting Zodiac Roles Modifier v2.1.0 and Delay Modifier v1.1.0. The root cause was an ERC-1271 contract-signature check that accepted a signature based only on the returned magic value without confirming that the call had succeeded.

Gnosis co-founder Martin Koppelmann confirmed the Zodiac delay module used by Gnosis Pay is being exploited, allowing unauthorized transactions from Safe wallets. Gnosis requested bridge validators to halt operations and will cover all user losses, ensuring full reimbursement, while retracting the emergency withdrawal notice.