On September 23, Slow Fog founder Yu Xian tweeted that the UXLINK hacker incident may have been a phishing attack by Inferno Drainer. "The approximately 542 million UXLINK previously stolen may have been phished away by Inferno Drainer using ordinary authorization phishing methods."

On September 23, Hasu, the Strategic Director of Flashbots, and Jon, the Co-Founder of DBA, jointly proposed to reduce the total supply of HYPE by 45% to eliminate the negative impact on market capitalization caused by unissued tokens. This proposal also suggests removing the 1 billion supply cap on HYPE.

On September 23, according to HyperInsight monitoring, Huang Licheng briefly increased the position of ETH long order by 200, and then closed that newly added position; the remaining ETH long orders are still in the market, continuing to partially close positions and set stop losses. The current liquidation price is approximately 3656 USD. Additionally, monitoring shows that he completely closed his HYPE long order 30 minutes ago; the current total account holdings amount to approximately 145 million USD, with a cumulative loss of over 10.46 million USD in the past 24 hours, mainly holding ETH and PUMP long orders.

On September 23, according to monitoring by Lookonchain, the UXLINK hacker sold UXLINK on-chain through 6 addresses, obtaining 6,732 ETH, worth 28.1 million USD. In addition, the hacker also sold a large amount of UXLINK on various CEX.

Vitalik stated that Base is operating in the right way, leveraging the advantages of centralization to enhance user experience while maintaining a secure relationship with the decentralized layer of Ethereum. He emphasized that Base does not hold user funds, ensuring safety and user control.

Ethereum is currently facing the psychological barrier of $4000, and if it falls below this level, it will trigger a re-evaluation of Bear Market pricing in the options market. Demand for put options is rising, as traders are filled with concerns about downside risks, while the BTC trend remains relatively stable. Overall, the market maintains an optimistic outlook for the fourth quarter.

On September 23, UXLINK tweeted that malicious actors were continuously conducting unauthorized UXLINK Token minting. UXLINK is urgently contacting trading platforms to suspend Token deposits and to promptly initiate Token replacement. More details and instructions regarding the Token replacement will be announced soon.

The encryption investment company DBA Lianchuang Jon Charbonneau proposed to reduce the HYPE total supply by 45%. The proposal includes revoking the authorization of unminted Tokens for future emissions and community rewards, destroying the HYPE held by the assistance fund and its future issuance, and canceling the max supply cap of 1 billion HYPE.

[UXLINK attacker address caused a loss of approximately 540 million UXLINK Tokens due to signing malicious authorization] According to Scam Sniffer monitoring, 41 minutes ago, an address exploited by UXLINK allegedly signed a malicious increaseAllowance authorization to a phishing contract, resulting in approximately 542 million UXLINK being transferred to the phishing address.

On September 23, according to PI Shield monitoring, due to today's UXLINK Hacker gaining minting rights, and 1 billion UXLINK Tokens have just been minted on Arbitrum, the Tokens have now been leaked. Users are reminded not to interact with UXLINK Tokens.

[Circle mints 750 million USDC on Solana chain, bringing total issuance this month to 4 billion] Stablecoin issuer Circle today minted 750 million USDC on the Solana chain. This brings the total amount of USDC newly issued on Solana this month (to date) to 4 billion.

CEX announced that UXLINK will be listed as a trading alert Token, suspending deposit services due to security flaws and improper information disclosure, which may pose risks to users. The trading warning period is from September 23, 2025, to October 17, 2025.

On September 23, Aster CEO Leonard stated during an AMA event yesterday that a token buyback plan will be announced in a few weeks. After all, competitors have been quite aggressive in this area, and the community has many expectations. They will reference their practices and design the best plan after considering long-term sustainability.

On September 23, glassnode released its latest perspective after the recent fall, pointing out that the cost basis of short-term holders is usually seen as a key battleground between long positions and short positions, currently at $111,400. Continued trading below this level may indicate a shift in market structure towards a medium to long-term bearish direction.

On September 23, the QCP briefing pointed out that the crypto market experienced large-scale liquidations, with over $1.7 billion in leveraged positions being liquidated. The market is currently stabilizing, with BTC and ETH prices steady, and funds flowing back to Bitcoin. Institutional attitudes are positive, with continued inflows into Spot ETFs. Traders are positioning for October, following Powell's speech and core PCE data.

On September 23, according to Lookonchain monitoring, Whale BV2gzZ sold 307.27 million PUMP (1.73 million USD) at an average price of 0.00564 USD three hours ago, incurring a loss of 582,000 USD.