ImportantThe Block
Bitcoin slides below $77,000, BNB drops amid Binance hack
BNB lost 7.1%, while Binance Co-CEO Yi He pledged that the exchange will cover all user losses resulting from the hack.
More flash news
View all9 New Wallets Receive 1900 BTC Worth Approximately $148 Million From Galaxy Digital
Per Lookonchain monitoring, whales are still accumulating BTC despite the market downturn. Over the past 4 hours, 9 newly created wallets have received 1900 BTC (valued at $148 million) from Galaxy Digital.
Pando Rings Hacker Purchased 7548 ETH Approximately Worth $16.72 Million 2 Hours Ago
Per Lookonchain monitoring, the Pando Rings hacker purchased 7548 ETH, equivalent to approximately $16.72 million, 2 hours ago.
Instant View: Analysts react to BOJ decision to keep rates steady
Instant View: Analysts react to BOJ decision to keep rates steady
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>