UPDATE

⚠️ JUST IN: Suspicious Zcash movement triggers ility security breach alert A wallet deshielded 35.7K ZEC valued at $41M and routed funds through NEAR Intents. Further tracing connected the address to the @ILITY_xyz bridge, which lost 4.1M $ILY tokens in an exploit. The ILITY Network team announced a security breach and halted the bridge. The originating address currently holds approximately $25M in ZEC.

⚠️ JUST IN: Qubic Halts Mainnet Following Security Breach Operations on the decentralized AI network Qubic came to a temporary halt following a security incident that compromised 1,404 wallets. According to the report, an unauthorized individual took advantage of a seed generation vulnerability to extract 2.94 trillion QU tokens. In response to the exploit, software creators addressed the entropy flaw through version 4.26.4. Network validators and trading platforms successfully locked the vast majority of the pilfered assets directly on the blockchain.

⚠️ JUST IN: SEVEN ARRESTED OVER MONTREAL CRYPTO HOME INVASIONS Seven suspects have been arrested following a months-long campaign targeting a Montreal crypto entrepreneur and his family to steal a wallet password. In January, armed intruders posing as delivery drivers stormed the residence, where one suspect accidentally shot an accomplice. Subsequent break-in attempts eventually forced the man, his partner, and four children to flee.

⚠️ JUST IN: New fraud reward could harm community The source warns that a new 1% reward for exposing fraudulent activity could cause unforeseen harm to the community. Threat actors with known identities are reportedly bragging about their thefts.

⚠️ JUST IN: PAVEL DUROV CRAFTS FIRST OFFICIAL REDO ITEM Telegram founder Pavel Durov completed his first craft within the official REDO collection by staking roughly $3,400. The attempt carried an 88% success rate against a 12% failure risk that could have wiped out all 4 REDO NFTs. The high-stakes upgrade ultimately succeeded, resulting in the acquisition of an Onyx Black Velour item.