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UNIThe Sandbox said it is working closely with Binance on the security incident, and that SAND in users' own wallets is unaffected. It warned that any message asking users to claim tokens or click links is a scam.
The Sandbox says SAND in users' own wallets unaffected by Binance incident
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The story so far: Binance hot wallet hack
About $5.7bn was stolen in the overnight Binance hack, with billions since frozen. Binance suspended withdrawals and is working with law enforcement to trace and freeze more assets. First Digital CEO Vincent Chok said FDUSD stolen in the attack has been frozen, with holder protection the top priority.
He Yi says Binance investigating reports of potential security issue
He Yi said on X that Binance has noted reports of a potential security problem and is actively investigating, with its security team urgently reviewing the information. She said verified updates will come through official Binance channels and warned users against scams and unofficial links.
Binance co-CEO He Yi says Ripple froze $200m tied to hack
Binance co-CEO He Yi says the Ripple team quickly froze about $200m in funds tied to the Binance hack.
Yi He says Ripple and WLFI helped freeze assets as Binance halts withdrawals
Binance co-founder Yi He said Ripple froze about 200 million in related assets and World Liberty Financial froze $27m in USD1 and 48 million WLFI, worth about $2m. Binance has suspended withdrawals until conditions are confirmed safe, she said, adding that user funds are safe.
Binance hack of about $5.7bn may be largest crypto theft on record
About $5.7bn in cryptocurrency was stolen in the overnight Binance hack, which if officially confirmed would be the largest crypto hack ever, surpassing the $1.5bn taken from Bybit last year and $625m from Ronin Network in 2022.
Binance hack puts DeFi on alert as $5.5bn in stolen assets raises contagion risk
A Binance hack has put DeFi on alert, with $5.5bn in stolen assets raising the risk of contagion.
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BloomingbitAIBearish
Binance says it is working to trace and freeze more stolen assets
Binance said it is working with law enforcement, asset issuers, blockchain intelligence firms and industry partners to trace and freeze more of the stolen assets, and expects the total frozen to rise.
Regulation
ChainCatcherAIBearish
Ripple says it is freezing RLUSD tied to suspected Binance attack
Ripple stablecoin head Jack McDonald says Ripple is freezing affected RLUSD funds after reports of a possible attack on Binance in which the suspected attacker holds the token. Ripple says it is coordinating with relevant parties and is ready to assist the investigation.
Stablecoins
OdailyAIBearishBenson Sun says stolen Binance Bitcoin faces limited near-term selling pressure
Benson Sun, a former FTX community partner, said about $2.5bn of the assets stolen in the Binance hack has been frozen, roughly half the losses, and the rest is mostly BTC and ETH. He said cashing out the stolen Bitcoin would be hard under exchange and on-chain monitoring, while ETH could face more selling pressure.
Chainalysis puts Binance hack loss at about $5.91bn
Chainalysis estimates about $5.91bn was stolen in the Binance hack, nearly four times the 2025 Bybit loss. Binance says roughly $3bn has been verified as frozen.
Yi He says Binance is running security scans to protect user funds
Binance co-founder Yi He thanked the community for its support and said the exchange is carrying out security scans to keep user funds safe, reiterating the SAFU commitment.
Binance says it will cover all losses from the incident and pauses deposits and withdrawals
Binance said it will bear all losses from the incident and has temporarily suspended deposits and withdrawals as a precaution while it runs security checks, freezes funds and works with law enforcement, promising a full post-mortem once the investigation ends.
CZ says Binance user funds are safe after security incident
Binance founder CZ said user funds are safe and thanked He Yi for working through the night on a security incident while pregnant, alongside hundreds of Binance staff. He said industry peers and competitors offered help and that Binance will recover.
The Sandbox says SAND in users' own wallets unaffected by Binance incident
The Sandbox said it is working closely with Binance on the security incident, and that SAND in users' own wallets is unaffected. It warned that any message asking users to claim tokens or click links is a scam.
First Digital's Vincent Chok says FDUSD stolen in Binance attack is frozen
Vincent Chok, chief executive of First Digital, said the FDUSD stolen in an attack on Binance has been frozen. He said the issuer is working with Binance and that protecting FDUSD holders is the top priority.
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