Onyx is about to launch two proposals to incentivize stakers and voters, as well as restart the Onyx Ambassador program to revive the Gas Free plan. Onyx has released proposal OIP-46, which suggests restarting Onyx Core as the main product together with XCN Staking to ensure governance and rewards, and running a closed loan protocol on Onyx Core that supports cross-chain interaction of encrypted assets, closing the loan market based on the Ethereum blockchain, and fully compensating all affected users.

Jinse Finance reported that Onyx reminded the community in a post on the X platform that the Onyxcoin (XCN) token contract will always remain on the Ethereum platform. The same applies to XCN staking and XCN governance. The community is reminded of XCN airdrop fraud and other XCN token contract fraud. Earlier, Onyx protocol suffered a security incident in which a malicious actor exploited a vulnerability to withdraw VUSD. The vulnerability involved .

Onyx Protocol has released proposal OIP-46 to restart Onyx Core, operating as a closed lending protocol and supporting lending for Non-fungible Tokens (NFTs) and Real World Assets (RWAs). This action will close the lending market on the Ethereum blockchain and fully compensate all affected users by providing a 1:1 payment of the assets offered.

PANews September 27th news, according to PeckShield, OnyxDAO has become the latest victim of a precision vulnerability attack, with losses exceeding 3.8 million US dollars. The attack stems from a known precision issue in the CompoundV2 fork code it uses. The stolen assets include 4.1 million VUSD, 7.35 million XCN, 5000 DAI, 0.23

Odaily Star Daily News According to Pudun's article on X platform, Onyx seems to be a victim of the known precision problem in the forked CompoundV2 codebase, which has been exploited by attackers to withdraw funds including 4.1 million VUSD, 7.35 million XCN, 5000 DAI, 0.23 WBTC, and 50,000 .