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Wanchain Cardano Bridge Exploited, 515M NIGHT Drained From Treasury

BlockSec linked the exploit to a suspected signature validation flaw in Wanchain’s TreasuryCheck validator. Midnight said the incident only affected Wanchain’s bridge infrastructure, not the Midnight blockchain. NIGHT fell over 30% as investigators examined the reported $9 million bridge treasury drain. A reported exploit targeting Wanchain’s Cardano-to-BNB Chain bridge has...

Hyperliquid HIP-4 Could Transform Prediction Markets With HYPE Staking

Hyperliquid’s HIP-4 brings permissionless prediction markets, HYPE staking, builder rewards, and validator oversight. Hyperliquid is preparing to expand beyond perpetual futures with a new testnet upgrade focused on prediction markets.  The protocol’s HIP-4 proposal introduces permissionless deployment for outcome markets, allowing qualified builders to launch event-based contracts. The rollout also...