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MAGIC rose over 60% in 24 hours, pushing its market capitalization to $33 million.

2026.10.10 00:18:10

According to HTX market data, MAGIC has surged over 60% in the past 24 hours, currently trading at $0.0992, with its market cap rising to $33 million.

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Crypto.com: Unaffected by Binance's security incident, its funds remain safe and it has assisted in intercepting the incident-related address.

Crypto.com founder and CEO Kris stated in a post that the platform was not impacted by the recent Binance cybersecurity incident, remains fully operational, and user funds are secure. The team is actively blocking hacker-associated addresses and has proactively reached out to Binance to offer assistance.

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He Yi: Binance will bear all losses from hacking attacks, ensuring the safety of user funds.

Binance CEO He Yi stated that user funds are secure, and Binance will cover all losses resulting from the hack. Deposits and withdrawals are temporarily suspended while the team conducts security checks, freezes related funds, and collaborates with law enforcement authorities. A full post-mortem analysis will be released after the investigation is completed. Please rely solely on official channels for updates.

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Binance: It is continuously tracking and freezing relevant assets, with the cumulative frozen amount expected to increase.

Binance's Chinese official account stated that its team is continuously working closely with law enforcement agencies, asset issuers, blockchain intelligence firms and industry partners to track and freeze more relevant assets. The total frozen amount is expected to rise further, and updates will be shared in a timely manner once more confirmation is available.

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Coinbase's Chief Security Officer: The company has blocked transfers to the involved Binance wallet and prudently adjusted its cold wallets.

Coinbase Chief Security Officer Jeff Lunglhofer said in a post that Coinbase’s security team is intercepting transfers to compromised Binance wallets, and has made partial adjustments to its cold wallet system solely out of prudence.

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Lido: stETH Unaffected by Binance Wallet Hack Incident, Protocol and Withdrawals Operating Normally

Lido released a statement noting it has been monitoring the suspected Binance wallet hack incident. stETH remains unaffected, and its staking protocol (including withdrawals) continues to operate normally. Lido Earn has no direct exposure to the incident, is monitoring the situation to manage risks, user deposits remain secure, and the platform will provide further updates as needed.

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Bitget: Stands ready to provide support to Binance to help with fund freezing and tracing.

Xie Jiayin, head of Bitget's Greater China region, posted on social media that Bitget's team is ready to support Binance wherever needed, backing the relevant parties' proper freezing and tracking operations.

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