ImportantPANews
Ethereum Spot ETFs Recorded Total Net Outflow of $105 Million Yesterday, Extending Net Outflow Streak to 4 Consecutive Days
Per SoSoValue data, the total net outflow of Ethereum spot ETFs reached $105 million yesterday (October 29, Eastern Time). The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's FETH, which recorded a single-day net inflow of $2.9018 million, bringing its total historical net inflow to $2.427 billion to date. The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETHA, which posted a single-day net outflow of $71.6792 million, with its total historical net inflow standing at $11.946 billion as of present.
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More flash news
View all1inch has blocked Binance exploit-related addresses across all its products, stolen 1INCH cannot be frozen
1inch has implemented emergency risk control measures in response to the Binance exploit incident. <p>The 1inch risk management team, in collaboration with security organizations including ZeroShadow, SEAL 911, and TRM Labs, completed relevant remediation within one hour after the incident occurred, fully blocking all addresses associated with the exploit across the 1inch dApp, 1inch Wallet, and 1inch API. The team will continue to update newly identified high-risk addresses going forward, and share the list of risky addresses with its resolvers and all partner integrators.</p><p>Part of the stolen assets consist of 1INCH tokens. As 1INCH is a standard ERC-20 token that does not natively support freezing or blacklist control functionalities, no entity is able to execute freezing operations on the stolen 1INCH tokens.</p><p>1inch has proactively reached out to the Binance team to offer relevant technical support, and will fully cooperate with the Binance platform and relevant law enforcement agencies to conduct full-chain tracking of the stolen assets, and advance the recovery of stolen assets to the greatest possible extent.</p>
Aethir: No Exposure to the Binance Incident, But Still Implementing Preventive Measures
Aethir posted on the X platform stating that it has no exposure to the Binance incident, but is still taking preventive measures, with its security team auditing all systems. Aethir noted that it appreciates Binance's rapid response and commitment to covering all user funds, and that protecting its network and community is its top priority.
Binance Hacker Transfers $38.82 Million Worth of ETH to a New Wallet, Still Holds $1.12 Billion in ETH
Per on-chain monitoring, the Binance hacker has just sent $38.82 million worth of ETH to a new wallet, with potential plans to route the funds to Tornado Cash. The hacker still retains a total of $1.12 billion in ETH holdings.
Ethena: USDe Remains Overcollateralized by Over $60 Million, Backing Assets Are Not Directly Held on Binance or Other CEXs
Ethena posted on the X platform stating that USDe proof of reserves is typically provided weekly by independent third-party attestation entities including Chainlink and Llama Risk. In light of events that unfolded over the past several hours, Ethena has released its proof of reserves. The aforementioned independent third parties have confirmed that USDe remains overcollateralized, with the excess collateral exceeding $60 million, representing a collateral ratio above 101.0%. Ethena noted that USDe's backing assets are not directly held on Binance or any centralized exchange, and all funds are secure.
ZachXBT: Stolen Funds from Binance and Bitget Flow to the Same Address, Suspected to Be Perpetrated by the Same Attacker
On-chain fund tracing reveals clues linking cross-platform attacks<p>On-chain detective ZachXBT disclosed the latest on-chain tracing results: the stolen funds from the previous $6.3 billion Binance exploit and the $388 million Bitget exploit, after completing cross-chain transfer via THORChain, have recently been deposited into the same address.</p><p>This fund flow pattern directly indicates that the two high-value exploit incidents are most likely carried out by the same actor, overturning the initial judgment that the two incidents were independent of each other.</p><p>ZachXBT further noted that the Bitget exploit was previously attributed to the North Korea-linked TraderTraitor group, which has also been involved in exploits targeting multiple crypto projects including Kelp DAO, with a documented history of repeated malicious activities.</p>
