⚠️ NEW IN: TERM FINANCE SUFFERS $8.5M GOVERNANCE EXPLOIT

Term Finance has suffered an estimated $8.5 million loss after an attacker exploited the governance system controlling its Meta Vaults. The attacker gained sufficient governance control to authorize the withdrawal of approximately 2,843 ETH, worth around $6.9 million, along with roughly 1.68 million USDC, which was subsequently converted into DAI.

The incident was not caused by a conventional smart contract vulnerability. Instead, the attacker exploited weaknesses in the protocol’s governance mechanism to obtain control over vault assets. Following the attack, Term Finance permanently shut down its Meta Vaults and revoked their DAO governance permissions.

Term Finance has disabled new deposits while keeping withdrawals available for affected users. The team is continuing to investigate the incident and assess potential recovery options.

The incident highlights the risks associated with governance systems that can provide control over large pools of user funds.

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⚠️ NEW IN: TELEGRAM ANONYMOUS NUMBER SELLS FOR NEARLY $1.1M

The Telegram anonymous number +888 8 666 has reportedly sold for 666,666 GRAM, with the transaction valued at nearly $1.1 million.

According to data from Fragment, the sale makes the number one of the most expensive anonymous Telegram numbers ever recorded on the platform. The valuation is driven by the number’s highly distinctive repeating-digit pattern, which makes it particularly desirable within Telegram’s collectible username and number market.

The transaction was first reported by Foresight News, with the sale taking place through Telegram’s ecosystem using GRAM.

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⚠️ NEW IN: $24M CRYPTO PONZI OPERATOR CONVICTED

Las Vegas businessman Brent Kovar has been convicted on 15 federal counts for defrauding more than 400 investors through his company, Profit Connect.

Kovar falsely claimed the company used AI-powered supercomputers to mine crypto and generate guaranteed annual returns of 15%–30%. Prosecutors said the technology and profits never existed, with investor funds instead used to repay earlier investors and fund personal expenses.

Kovar faces up to 280 years in prison and is scheduled to be sentenced on November 30, 2026.

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⚠️ NEW IN: INTERPOL’S OPERATION JACKAL IV has led to 58 arrests and 263 suspects identified across 22 countries.

The eight-month operation targeted West African criminal networks linked to crypto investment fraud, romance scams and business email compromise.

In Romania, authorities uncovered a scheme linked to €143M in stolen and laundered funds.

INTERPOL says the investigation focused on tracking the money behind the criminal networks.

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⚠️ NEW IN: TRON users have lost $9.4M in a single address-poisoning campaign targeting 15 victims over four weeks.

The attacker used lookalike wallet addresses and small dust transactions to trick victims into copying the wrong address from their transaction history.

The stolen funds were converted to USDD and consolidated into a single wallet.

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⚠️ NEW IN: Over $2M Stolen Through Fake Ledger Websites

A single threat actor has reportedly stolen more than $2M in cryptocurrency through fake Ledger Live websites promoted through Google ads.

Victims were redirected to fraudulent Ledger clones and prompted to enter their 24-word recovery phrases.

One reported theft involved a Ledger user who entered their seed phrase while attempting to move their funds, resulting in the wallet being drained.

One identified threat-actor wallet reportedly consolidated around $1.9M in ETH:

0x380Fd431Cb9564A392Cf2405e02cd2a3737eab8a

Ledger warns that users should never enter their recovery phrase anywhere online.

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⚠️ NEW IN: Bitcoin falls under $77,000

$200,000,000 longs liquidated from the crypto market in the past 60 minutes.

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⚠️ NEW IN: BENGALURU HACKER DENIED BAIL OVER $34M MONEY TRAIL

Alleged hacker Srikrishna Ramesh “Sriki” has been denied bail after investigators presented an alleged ₹288.96 crore ($34M+) money trail linked to hacking and crypto laundering.

Authorities allege the funds came from attacks targeting crypto exchanges, gaming platforms and government systems, with crypto mixers used to obscure transactions.

Sriki remains in custody as the investigation continues.

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⚠️ NEW IN: Victim Loses $2.5M in Phishing Attack

A victim reportedly lost $2.5M after connecting their wallet to a fake crypto exchange.

A hidden wallet drainer then transferred the funds to an attacker-controlled wallet.

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⚠️ NEW IN: CRONOS HALTS AFTER $75M TECTONIC EXPLOIT

An attacker reportedly manipulated Tectonic’s TONIC token nearly 100x, using the inflated collateral to borrow millions in other assets.

Cronos halted the network before most funds could escape. Around $6M was bridged to Ethereum, while roughly $69M remains trapped on-chain.

The $75M loss is still an estimate and has not been officially confirmed.

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⚠️ NEW IN: $2.47M DRAINED FROM SOLANA DEX AQUifer

Aquifer was drained of $2.47M in just 40 minutes across 212 transactions after an attacker exploited fake token accounts showing a fabricated 18 trillion USDC balance.

The attacker received real assets without actually paying for them, converted the funds into ~24,084 SOL, then moved ~1,000 ETH to Ethereum.

Aquifer is offering a 20% bounty if 80%+ of the funds are returned by September 3.

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⚠️ NEW IN: Tether faces a new legal battle over $42.4M in USDT.

Two Thai businessmen allege Tether froze 42.4M USDT in October 2025 after receiving an informal request from a Homeland Security agent.

The plaintiffs argue Tether cannot freeze, burn or reissue tokens they purchased on the open market.

They are seeking the release of the funds, accumulated yield and damages.

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⚠️ NEW IN: Coinbase warns older users about phone scams

Scammers are impersonating Coinbase Support and targeting older adults through social engineering calls.

Coinbase says it will never ask users to share passwords, 2FA codes or seed phrases, or transfer funds to a “safe” wallet.

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⚠️ NEW IN: 270 Telegram Anonymous Numbers Reportedly Stolen at Gunpoint

A holder reportedly sold 270 Telegram anonymous numbers for around $2,000 each — roughly $540,000 in total — well below their market value.

According to an unverified claim from a Chinese investor, armed men allegedly broke into the owner’s home, assaulted him and forced him to sell the numbers before transferring the proceeds to them.

The reported incident has not been independently confirmed.

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⚠️ NEW IN: NOTIONAL FINANCE EXPLOITED FOR $1.7M+

Notional Finance’s escrow contract was reportedly exploited for over $1.7M.

$69K DAI and $1.66M USDC were drained, swapped for approximately 689 ETH, and deposited into Tornado Cash.

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⚠️ NEW IN: GOMINING WALLETS ALLEGEDLY DRAINED FOR $2.8M

~1,147 ETH was reportedly stolen from GoMining-related wallets, with 600+ users allegedly affected.

The wallets were reportedly accessed overnight, leaving some users claiming they lost their entire crypto holdings.

GoMining has not yet publicly confirmed the reported figures.

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⚠️ NEW IN: LEDGER & TREZOR THEFT TOOLKIT ALLEGEDLY FOR SALE

A threat actor is reportedly selling an “unleaked” toolkit designed to trick Ledger and Trezor users into signing malicious transactions.

The kit allegedly supports multiple chains, custom recipient addresses, SMS-based social engineering and one-click transfers.

A demo reportedly showed a 5 ETH Trezor transaction request.

Authenticity and effectiveness remain unverified.

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⚠️ NEW IN: Victim loses 185 ETH ($461K) in a phishing attack.

The victim had held cryptocurrency for five years before connecting their wallet to a fraudulent crypto exchange.

Shortly after, the victim’s entire 185 ETH balance was drained, resulting in a loss of approximately $461,000.

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⚠️ NEW IN: Mexican musician Jonathan Meléndez and three family members were reportedly killed in an alleged attempt to gain access to their Bitcoin holdings.

Authorities say the attackers targeted a crypto wallet believed to contain significant Bitcoin assets. Two suspects were arrested within hours.

The case highlights the growing security risks associated with self-custodied cryptocurrency.

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⚠️ BREAKING: 4,000 BTC EXPLOIT REPORTED
A crypto protocol has reportedly been drained of approximately 4,000 BTC ($319M) in a suspected exploit.

The transaction reportedly included an on-chain message from the actors stating: “we are whitehats onchain.”

The identity of the protocol, the cause of the incident and whether the funds were genuinely recovered or stolen remain unclear.

TX: c103de95817b43f2df635ec6f35ff126ca26a7c6d20570c4b01866b2b3e69a19

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