Binance: SAFU Fund and the company's funds will cover all losses.

After today’s security incident at Binance, BNB briefly dropped below $700 and is now trading at $712, marking a roughly 5.2% 24-hour decline. However, most major altcoins saw steeper drops than BNB, with large and mid-cap altcoins under notable pressure. Per HTX market data, SUPER fell ~22.06%, RSR ~21%, PHA ~20.59%, GTC ~19.92%, CVX ~19.87%, IMX ~17.89%, YFI ~15.53%, EIGEN ~15.43%, PYTH ~15.38%, CRV ~15.29%, LDO ~13.97%, W ~13.95%, and ZK ~13.51%.

RaaS platform Caldera announced via Twitter that it has taken emergency measures to introduce a freeze function into its Caldera token contract on the Ethereum mainnet, and has frozen the address of the Binance attacker. Subsequent tests confirmed that the ERA tokens held by the attacker are now non-transferable.

Gemini co-founder Cameron Winklevoss posted on X, stating Zcash does not need to redesign its governance mechanism, noting stakeholder voting systems have operated in capital markets for centuries, with token holder voting being merely its on-chain equivalent. He stressed experimental governance is not Zcash’s core mission—privacy is its priority—and called for an end to the Zcash Community Grants (ZCG) and the interference and goal misalignment it brings. Earlier, the Winklevoss brothers’ Winklevoss Asset filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Winklevoss Zcash ETF. The ETF will hold ZEC directly, plans to list on Nasdaq under the ticker WINK, carries a 0.25% fee, and has Gemini Trust Company as its custodian.

Beating AI Express reports that Anthropic has unveiled a security mechanism called "Self-Assessment". Since June this year, after Claude responds to users, it will also review the conversation in the background to identify abuse risks such as fraud and cyberattacks, and assign a corresponding risk level. Users are not aware of this process, and the system will not immediately block responses based on the results. Previously, Anthropic relied primarily on additional security classifiers to identify violations. Now, Claude can leverage the context of the conversation it has just processed to conduct its own preliminary review. On average, this only requires generating about 10 extra tokens, with additional inference computing power accounting for less than 2%. This mechanism has already uncovered issues missed by traditional security systems. In August this year, a single API client triggered over 100,000 risk alerts related to child sexual exploitation. In September, the system detected that someone was using Claude Code to automatically carry out romance scams targeting dozens of victims. After an investigation, Anthropic banned the relevant accounts and reported the first incident to U.S. authorities. However, Claude does not always detect malicious behavior. In 24 cyberattack tests where conventional protections were disabled, Anthropic attempted to use Self-Assessment for real-time blocking, yet 13 attacks still succeeded. Therefore, the mechanism is currently primarily used for post-incident monitoring rather than real-time blocking of user actions.

On-chain analyst The Data Nerd has tracked that the Binance hacker has sold altcoins worth roughly $158.25 million, converting all proceeds into 70,480 ETH. The sell-off breakdown is as follows: 7.02 million UNI (~$39.63 million), 217.5 million ENA (~$33.93 million), 7.77 trillion PEPE (~$31.66 million), 2.57 million LINK (~$26.05 million), 127,953 AAVE (~$14.27 million), 21.85 million ONDO (~$6.62 million), and 17.32 million WLD (~$6.09 million). All of the altcoins held by the relevant addresses have now been fully liquidated.

Elon Musk retweeted a report on the Binance hack incident, commenting "Everyday is Zeroday". A zero-day vulnerability is a major type of security flaw exploited by hackers, and Musk’s remark essentially underscores the security reality that zero-day vulnerabilities could be exploited every day.