A crypto project paying nearly 1 million people a daily income just had its reserves looted

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
A crypto project paying nearly 1 million people a daily income just had its reserves lootedWorldPing
Image via CryptoSlate.

What happened

A malicious Super App bypassed stream liquidations before a Sept.

4 hotfix restored whitelisting and closed detected insolvent accounts.

Key facts

  • 4 hotfix restored whitelisting and closed detected insolvent accounts.
  • Reported by CryptoSlate and published Thu, 10 Sep 2026 17:50:26 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Here’s what happened in crypto today

  2. US hit on $24 billion crypto black market sends rival money launderers running for exits

  3. Crypto for Advisors: Hyperliquid and the future of finance

  4. India moves to block 15 crypto apps, leaving users facing sudden account lockout

  5. $562M Liquidation Surge Hits Crypto Market After PPI Inflation Jump

  6. A crypto project paying nearly 1 million people a daily income just had its reserves looted

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

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