Losses from Ledger security incident approach $90 million, Tether is freezing large amounts of USDT in the involved addresses. - Lookonchain

WLFI has frozen approximately $27 million in assets linked to the Binance incident.

World Liberty Financial co-founder and CEO Zach Witkoff posted that USD1 has actively frozen approximately $27 million in USD1 tokens linked to the Binance hack incident, and will collaborate with industry partners to protect users and prevent the transfer of stolen funds.

8 minutes ago

Binance Stolen Funds Update: Approximately $2.829 Billion in Total Frozen, Arbitrum and Paxos Refreeze Related Assets

Arbitrum has frozen approximately $30.5 million worth of ARB, while Paxos has frozen around $215,700 worth of USDP. According to on-chain analyst Specter, the total cumulative frozen amount stands at roughly $2.829 billion. The figures are based on on-chain monitoring data and have not yet been officially confirmed.

8 minutes ago

SlowMist’s Yu Xian: The Binance attacker’s on-chain operations were crude and had prior rehearsals, with EIP-7702 used solely to streamline bulk fund siphoning.

SlowMist founder Yu Xian posted that attackers adopted EIP-7702 on Ethereum primarily to facilitate the bulk siphoning of tokens from Binance-associated hot wallets. On-chain data shows the attackers' operations were relatively crude, and they conducted several hours of rehearsal preparations before the actual token heist. One can refer to the first five transaction records of the relevant addresses for details. Yu Xian noted that the EIP-7702 mechanism itself has no issues, and even without the protocol, there would still be other ways to achieve similar effects.

8 minutes ago

KuCoin: Platform Unaffected, User Assets Remain Secure

KuCoin officials announced on social media that they have noticed reports circulating online about a security incident affecting multiple platforms. KuCoin was not impacted, user assets remain secure, its systems are operating normally, and both trading and withdrawal services are fully functional.

8 minutes ago

A hacker dumped 7.77 trillion PEPE tokens stolen from an attack on Binance’s hot wallet, exchanging them for 14,049 ETH.

According to on-chain analyst Ai Yi (@ai_9684xtpa), hackers have dumped all 7.77 trillion PEPE tokens from Binance’s hot wallet into 14,049 ETH, driving the token’s price down 12.33% and totaling over $31.9 million, with an average sell price of approximately $0.0000041. As of now, the unrealized profit on the 11.8 trillion PEPE tokens Justin Sun has transferred out since October 17 has shrunk to $4.45 million.

8 minutes ago

Data: Addresses linked to the Binance breach borrowed approximately 19,800 ETH from Aave.

An address linked to the Binance hot wallet breach deposited around 60 million USDT on Aave and borrowed 19,762 ETH (valued at approximately $44.7 million). Etherscan data shows the address has been tagged "Binance Hot Wallet Exploiter 3": it authorized and deposited USDT to Aave V3 starting at 04:57 Beijing Time on October 30, then borrowed roughly 19,762 ETH in two separate transactions, and has transferred a total of 23,314.5 ETH to another address associated with the hack.

8 minutes ago