ChainCatcher news, according to the Web3 asset data platform RootData, monitored that at 23:41 Beijing time today, 410 ETH was transferred from HitBTC to an unknown wallet, worth 1.4515 million USD.

ChainCatcher news, based on the BTC ecosystem, the full-chain stablecoin protocol Satoshi Protocol, officially announces the launch of Bilayer, while simultaneously supporting Lorenzo stBTC as collateral for lending stablecoin SAT. It is reported that both parties have reached a strategic cooperation.Satoshi Protocol is an over-collateralized stablecoin protocol based on the BTC ecosystem, which has supported Bitlayer and BEVM mainnet, and plans to expand to multiple Bitcoin Layer2 ecosystems within a month, developing into a full-chain stablecoin protocol in the BTC ecosystem.Lorenzo aims to create the first Bitcoin liquidity financial layer based on the Babylon ecosystem, providing crypto investors with the simplest and smoothest BTC asset re-staking experience, capturing the best staking yields while releasing the liquidity of staked assets.

ChainCatcher message, Snapshot page shows that the Aave community has voted to approve the "Proposal to Introduce tBTC to the Aave V3 Protocol on Ethereum" ARFC proposal.It is reported that tBTC is a digital asset based on the Threshold Network, pegged 1:1 with Bitcoin. Through the tBTC bridge, Bitcoin holders can participate in Ethereum's DeFi applications. This will provide Aave users with a unique wrapped Bitcoin, enabling a fully decentralized and permissionless lending experience.

ChainCatcher news, according to the Web3 asset data platform RootData, monitored at 22:26 Beijing time today, 400 ETH (approximately 1.2101 million USD) was transferred from HitBTC to an unknown wallet.

ChainCatcher message: According to the latest official news from the Satoshi Protocol, the protocol has reached a collaboration with Bido, a liquid staking protocol on the BEVM ecosystem, to support the liquid staking token wstBTC as collateral for borrowing the stablecoin SAT, thereby expanding the application scenarios of the protocol.It is reported that Bido is a liquid staking protocol based on BEVM, where users can stake BTC to obtain stBTC, earning staking rewards while maintaining liquidity. The current coin-based APY is around 80%, with the revenue coming from 50% of the GAS income of the entire BEVM network. Bido will provide users participating in staking with stBTC equivalent to the amount staked, which can be converted to wstBTC and used as collateral to borrow SAT on the Satoshi Protocol.The Satoshi Protocol is the first over-collateralized stablecoin protocol on the BEVM network, which launched its mainnet in early April and has partnered with Binance Wallet and BEVM for an airdrop campaign, reaching 140,000 participating addresses. After the Satoshi Protocol began supporting wstBTC as collateral, the TVL increased by $1.5 million within 24 hours.

ChainCatcher news, the Nomic team has partnered with the Bitcoin staking protocol Babylon to launch the Bitcoin liquid staking token (LST) stBTC. Users can stake Bitcoin to Nomic through Babylon, and as a reward, users will receive NOM and nBTC, which is redeemable for Bitcoin. This initiative provides a more practical solution for Bitcoin DeFi. With the launch of the innovative project stBTC, Bitcoin DeFi is expected to compete with Ethereum DeFi. Babylon allows BTC holders to earn rewards by staking assets on a proof-of-stake blockchain, and the platform's first testnet was launched on February 28 of this year.

ChainCatcher news, Dune data shows that the total supply of tBTC, the Bitcoin wrapped asset launched by Threshold Network, has surpassed 2000, reaching 2156 at the time of publication, with an increase of 1000 in a single day on October 5, and a growth of over 85% in the past 3 days.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the FTX attacker exchanged 200 ETH for 11.6 tBTC through the built-in Swap feature of Metamask one hour ago, and then bridged it back to the Bitcoin network via the Threshold Network.ChainCatcher previously reported that THORSwap, a cross-chain DEX aggregator based on THORChain, announced on its social platform that, given that illegal funds are using THORChain and THORSwap, after careful assessment of the situation and consultations with advisors, legal counsel, and law enforcement, the team has decided to temporarily switch the protocol to maintenance mode.

ChainCatcher message, on-chain data shows that Curve founder Michael Egorov has mortgaged 14.15 tBTC to borrow over 261005.2 crvUSD.

ChainCatcher news, according to official sources, the privacy protocol Threshold Network has announced that tBTC redemption has gone live on the mainnet. Bitcoin holders can transfer and use Bitcoin within the DeFi ecosystem through a scalable, decentralized solution without needing permission from anyone. Users can mint tBTC at any time and redeem it for native BTC.

ChainCatcher news, MistTrack tweeted that it has discovered hitbt2c.lol is a counterfeit HitBTC website, and hackers have stolen $15 million worth of cryptocurrencies, including Bitcoin, Ethereum, USDT, and more. The site requests unlimited permission to control the assets in the connected wallet and steals cryptocurrencies. (Source link)

ChainCatcher news, according to CoinDesk, the privacy protocol Threshold Network has partnered with the cross-chain token protocol Wormhole. The integration with Wormhole will support the transfer of tBTC to 20 blockchain ecosystems, including EVM-compatible chains such as Arbitrum, Optimism, and Polygon, as well as non-EVM chains like Solana, Aptos, Sui, and Cosmos.Wormhole proposed the integration into the Threshold community in mid-April, stating that its goal is to help tBTC become the dominant Bitcoin token in the on-chain DeFi ecosystem. The proposal was fully approved after a governance vote on April 29. (source link)

ChainCatcher news, the privacy network Threshold Network announced the launch of the tBTC-based stablecoin thUSD. This stablecoin draws on the Liquity protocol mechanism to generate the dollar stablecoin thUSD using tBTC as collateral. Additionally, the protocol addresses liquidity issues through protocol-controlled value (PCV).It is reported that Threshold is a merger project between the privacy layer protocol Keep Network and the privacy infrastructure NuCypher. (source link)

Chaincatcher news, the client software for tBTC v2 has now been released, marking the launch of tBTC v2 into its first phase (referred to as Chaosnet 0). The Chaosnet phase aims to gradually roll out tBTC v2 across multiple stages to ensure the robustness of the client and protocol. This phase will initiate the Chaosnet Beta program, allowing anyone to set up nodes and earn rewards. In Chaosnet 0, only nodes operated by Beta Stakers will be selected to perform protocol work. In addition to meeting standard uptime requirements, Beta Stakers must also be highly communicative and able to provide logs.It is reported that tBTC v2 will be the first non-custodial solution to connect BTC to Ethereum on a large scale, with plans to extend Bitcoin's properties to every major network. (source link)