PANews reported on October 28th that SlowMist founder Yu Xian posted on the X platform that the ownership of the 402bridge contract had been changed. This appeared to be due to a private key theft, but an insider attack could not be ruled out (this statement does not mean that the project team acted collectively, as it was not a typical rugpull). 402bridge.fun stopped service just two days after registration. Then, a "hacker" stole the USDC of all users who authorized the bridge contract in bulk. This is the first public case of theft related to the 402 protocol service.PANews reported on October 28th that SlowMist founder Yu Xian posted on the X platform that the ownership of the 402bridge contract had been changed. This appeared to be due to a private key theft, but an insider attack could not be ruled out (this statement does not mean that the project team acted collectively, as it was not a typical rugpull). 402bridge.fun stopped service just two days after registration. Then, a "hacker" stole the USDC of all users who authorized the bridge contract in bulk. This is the first public case of theft related to the 402 protocol service.

SlowMist: The 402Bridge attack appears to be caused by a private key leak, but an insider attack cannot be ruled out.

2025/10/28 13:08

PANews reported on October 28th that SlowMist founder Yu Xian posted on the X platform that the ownership of the 402bridge contract had been changed. This appeared to be due to a private key theft, but an insider attack could not be ruled out (this statement does not mean that the project team acted collectively, as it was not a typical rugpull). 402bridge.fun stopped service just two days after registration. Then, a "hacker" stole the USDC of all users who authorized the bridge contract in bulk. This is the first public case of theft related to the 402 protocol service.

Market Opportunity
Notcoin Logo
Notcoin Price(NOT)
$0.0005202
$0.0005202$0.0005202
-3.88%
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unstoppable: Why No Public Company Can Ever Catch MicroStrategy’s Massive Bitcoin Holdings

Unstoppable: Why No Public Company Can Ever Catch MicroStrategy’s Massive Bitcoin Holdings

BitcoinWorld Unstoppable: Why No Public Company Can Ever Catch MicroStrategy’s Massive Bitcoin Holdings Imagine trying to build a mountain of gold, only to discover
Share
bitcoinworld2025/12/17 14:30
Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead

Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead

The post Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead appeared on BitcoinEthereumNews.com. Bitcoin 18 September 2025 | 10:05 Eric Trump, co-founder of American Bitcoin and son of U.S. President Donald Trump, has revealed that he holds a significant personal stake in the crypto company and has no intention of selling. Trump said his ownership amounts to roughly 7.5% of shares and emphasized that both he and the board are committed to keeping their holdings locked in for the long term. According to Trump, the move reflects not only loyalty to the firm but also resistance to pressure from traditional financial institutions. He claimed that major U.S. banks have repeatedly tried to restrict his access to financial services, including efforts by Capital One, JPMorgan, and Bank of America. “They tried to shut us out of the system,” he said, describing the experience as the turning point that convinced him of crypto’s advantages. Trump argued that blockchain-based systems allow transactions to be handled “faster, cheaper, and more transparently” than legacy banking. He framed his support for American Bitcoin as both a business decision and a statement against what he called an ongoing “de-banking” campaign targeting the Trump Organization and its affiliates. By underscoring his commitment, Trump signaled that he views cryptocurrency not just as a financial instrument but as a defense against the limitations of traditional finance. His comments also echo a broader narrative that digital assets are becoming an alternative for those who feel sidelined by conventional institutions. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience…
Share
BitcoinEthereumNews2025/09/18 15:08
How Crypto Could Reshape Finance, AI, and Privacy by 2026: A16z Crypto

How Crypto Could Reshape Finance, AI, and Privacy by 2026: A16z Crypto

The post How Crypto Could Reshape Finance, AI, and Privacy by 2026: A16z Crypto appeared on BitcoinEthereumNews.com. From stablecoin payments to AI-driven agents
Share
BitcoinEthereumNews2025/12/17 14:38