FlashPANews
U.S. SOL Spot ETF Records Total Single-Day Net Outflow of $27.6915 Million
Per SoSoValue data, the SOL spot ETF posted a total single-day net outflow of $27.6915 million on October 29 (Eastern Time). The SOL spot ETF with the largest net outflow yesterday was the Bitwise Solana Staking ETF (BSOL), which recorded a single-day net outflow of $23.6827 million, with a total historical net inflow reaching $1.133 billion to date. The second largest net outflow was registered by the Grayscale Solana Trust (GSOL), which saw a single-day net outflow of $4.0088 million, with a total historical net inflow standing at $129 million at present.
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Kanye West-linked Address Reduces Holdings by 1,390 ETH to Mitigate Liquidation Risk, Incurring $317,000 in Losses
Per on-chain analytics monitoring, the address associated with Kanye West began selling off ETH in batches six hours ago (following the disclosure of the Binance hack incident) to reduce liquidation risk. The address sold 1,390 ETH for a total of $3.163 million at an average price of $2,275.6, realizing a loss of $317,000. Currently, 19,506.17 ETH remains collateralized to borrow $27.67 million in stablecoins, with a health factor of 1.31. Liquidation will be triggered if ETH falls to $1,689.59.
First Digital Has Frozen Stolen FDUSD From the Binance Security Breach Incident
<p>The FDUSD issuer has initiated the freezing process for the stolen funds. Vincent Chok, CEO of First Digital, officially confirmed that the platform has successfully frozen the stolen FDUSD assets involved in the earlier Binance attack incident. The team is currently conducting in-depth collaboration with Binance, and subsequent updates on relevant disposition progress will be publicly disclosed in a timely manner.</p><p>The core priority of this operation is to safeguard the asset security of all FDUSD holders, and block the channels for bad actors to transfer stolen funds at the source. The official emphasizes that user asset protection is a core responsibility that all relevant parties must jointly assume.</p><p>This freezing operation is a typical case of coordinated response to a security attack incident in the crypto industry. The final destination of the funds and the return plan are still pending further verification and confirmation by both teams.</p>
The Sandbox: Collaborating with Binance to Address Security Incident, SAND in Users' Self-Custody Wallets Remains Unaffected
The Sandbox posted on the X platform stating that it has been made aware of the security incident impacting Binance and is working in close collaboration with the Binance team. SAND held in users' own self-custody wallets is not affected. For SAND deposited on Binance, users are advised to follow official updates from Binance. The Sandbox clarifies that its official team will never send direct private messages to users, nor will it request users to "claim" any assets. All messages that claim to offer claimable assets or demand users click links are scams and should be disregarded immediately.
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