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Aptos CEO denies rumors of a shutdown in the next six months, calling them "stupid rumors".

2026.10.04 10:04:09

Addressing community rumors that Aptos will shut down its blockchain within the next six months, Aptos Labs co-founder and CEO Avery Ching publicly dismissed the claim as "a foolish rumor". The X account that originally shared the unsubstantiated claim did not provide official Aptos announcements, governance proposals, or other supporting documents. When pressed for evidence, the account stated the content was merely "hearsay" and urged caution in taking it seriously. Aptos’ current public governance records still show network upgrade proposals and executed mainnet feature updates, with no official plans to shut down the mainnet identified so far.

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Tether has frozen over $1.567 billion in USDT, which is suspected to be linked to stolen assets from Binance.

Tether has frozen more than $1.567 billion worth of USDT, according to a Bloomberg Terminal report. The freeze is reportedly linked to stolen assets from Binance. Binance co-founder He Yi recently posted that the exchange has noticed reports of potential security issues and is actively investigating. The security team is urgently reviewing all relevant information, and will release updates via Binance’s official channels after verification. He Yi also reminded users to beware of scams, advising them not to trust unofficial links, messages or requests for account information, and emphasized user fund safety (SAFU).

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Outflow of assets from Binance-related wallets has reached $5.643 billion, with Tether and Circle freezing $2.316 billion worth of stablecoins.

According to on-chain data, as of 21:22 UTC on October 29, the total outflow of assets linked to Binance-labeled wallets reached approximately $5.643 billion. Of this, around $3.528 billion was on the Ethereum network, $1.449 billion on Bitcoin, $628 million on Tron, and a combined $38 million across Arbitrum, Optimism, and Base. Additionally, Tether and Circle—issuer of USDC—have frozen at least $2.316 billion in stablecoins, including roughly $1.493 billion in USDT and $823 million in USDC. The figures are sourced from on-chain analytics; the asset outflow amount is not equivalent to actual stolen funds, and the relevant incident remains to be further verified.

1 seconds ago

CZ: User funds are secure, Binance is suspected of a hack.

Binance founder CZ posted a statement saying user funds are secure, and it appears Binance has indeed suffered a hacker attack. He thanked Tether and Circle for their swift freeze measures, which blocked approximately $971 million in USDT and $823 million in USDC respectively. CZ also noted he is no longer managing Binance’s official website operations, but as a shareholder, he expects all user funds will be fully protected.

1 seconds ago

He Yi: Binance is urgently investigating potential security issues, focusing on user fund safety.

Binance co-founder He Yi stated in a post that Binance has noticed reports of potential security issues and is actively investigating. The security team is urgently reviewing all relevant details, and will share the latest updates through Binance’s official channels once verified. He Yi also reminded users to stay vigilant against scams, warning them not to trust unofficial links, messages, or requests for account information, and underscored the importance of user fund security (SAFU).

1 seconds ago

Tether has frozen 971 million USDT suspected to be linked to large abnormal outflows from Binance.

According to market sources, Tether has frozen 971 million USDT suspected to be linked to large abnormal outflows from Binance.

1 seconds ago

Circle has frozen 823 million USDC suspected to be linked to Binance’s large abnormal outflow.

According to market news and on-chain data, Circle has frozen $823 million worth of USDC on-chain, which is suspected to be linked to a large abnormal outflow from Binance.

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