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Onyx Treasury Transfers 620 Million XCN Amid Blockaid Exploit Alert

The Defiant·October 6, 2026·1 min read
Onyx Treasury Transfers 620 Million XCN Amid Blockaid Exploit Alert

Onyx transferred 620 million XCN from its Ethereum treasury contract, leaving about 1.89 million XCN behind. The transfer executed a migration proposal Onyx had publicly promoted, according to Blockaid's exploit alert. The move raised security concerns among holders as the treasury balance dropped significantly.

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