Security· ★★★· bearish·

Onyx Treasury Moves 620 Million XCN Amid Blockaid Exploit Alert

  • —620 million XCN moved under Onyx's migration proposal
  • —About 1.89 million XCN left in the Ethereum treasury contract
  • —Transfer coincided with a Blockaid exploit alert
Why it matters: A transfer this large alongside an exploit alert raises risk for XCN holders and warrants scrutiny of the contract's security.
Source: The Defiant