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Analysis Shows Nearly $2.8 Billion of Binance's Alleged $6.3 Billion Stolen Assets Have Been Frozen, $2.9 Billion Remain in Attacker Addresses
Disclosure of progress in handling large-scale stolen crypto assets<p>For this Binance-related theft incident involving an estimated $6.3 billion in total value, blockchain security firm BlockSec has released the latest statistical data on asset disposition, confirming that approximately $2.798 billion of the stolen assets have been successfully frozen to date.</p><p>The frozen assets are primarily composed of major stablecoins including USDT and USDC, and also cover pegged tokens such as wBETH, RLUSD, XAUt, and PAXG, spanning multiple categories of highly liquid crypto assets.</p><p>An additional ~$38.47 million worth of assets have been rescued and disposed of by the respective project teams or public chain authorities. Specific actions include the burning of approximately 984 million BEAM tokens, the removal of SNX and SAND assets via privileged operations, and the transfer of around 8,430 ETH and 74.56 million ARB to temporary frozen addresses by the Arbitrum Security Council.</p><p>As of the current time, approximately $2.9 billion of the stolen assets remain in addresses controlled by the attackers, with no freezing or recovery operations completed yet. Further follow-up is required for subsequent disposition progress.</p>
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View allzkLink Unveils Fund Recovery Plan: Attacker May Avoid Further Prosecution Upon Full Fund Return, and Retain 20% as Whitehat Bounty
zkLink announced that in response to the recent security incident affecting zkLink Nova, the team has launched a bounty program to facilitate the recovery of affected funds. Security researchers or whitehat contributors who provide information that materially assists in fund recovery may receive a reward of up to 20% of the recovered amount, with specific eligibility and reward amounts determined by zkLink based on the value of the submitted information. Furthermore, if the exploit actor returns all funds, they may retain 20% of the total as a whitehat bounty, and zkLink commits to taking no further legal action in relation to the returned funds. Relevant communications may be conducted via zkLink's official X account or designated email address.
Tether's Q3 Net Operating Profit Reaches $1.5 Billion, Excess Reserves Rise to Nearly $8 Billion
Tether released its Q3 2026 financial data and attestation of reserves report, which was compiled by BDO, one of the world's top five accounting firms. As of September 30, Tether's total assets stood at approximately $191.5 billion, with total liabilities of around $183.5 billion, marking a surplus of assets over liabilities of roughly $7.955 billion, nearly doubling from the $4.1 billion recorded at the end of Q2. For the first three quarters of 2026, Tether's cumulative net operating profit reached $4.5 billion, with Q3 contributing $1.5 billion, on par with Q2. Its primary revenue sources are U.S. Treasury securities and reverse repurchase agreements. As of the end of Q3, Tether's direct and indirect exposure to U.S. Treasury securities amounted to $132.4 billion. Over the same period, the circulating supply of USDT remained largely stable at approximately $184 billion.
Fed’s Barkin signals further rate hikes ahead with pace remaining the key question
Fed’s Barkin signals further rate hikes ahead with pace remaining the key question
BreakingBinance Sets Aside $6.34B to Cover Hack Losses, CEO Says 'Your Assets Are Safe'
Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.
Allora Freezes Stolen ALLO Tokens on Binance, Initiates Full Restitution, Total Supply Remains Unchanged
Allora has released an official update on the handling of the ALLO token theft incident on Binance.<p>Allora officially confirms that the Allora network itself and the entire ALLO token contract remain secure. All ALLO tokens held outside the Binance platform are unaffected by this theft incident, and the asset rights of regular token holders are not impacted.</p><p>In response to the theft of a portion of ALLO tokens stored on the Binance platform during this incident, the project team immediately activated the built-in emergency protection mechanism of the ALLO token contract, directly restricting the attacker's operational permissions over the stolen assets. The attacker is now completely unable to transfer, sell, or utilize these stolen ALLO tokens, and none of the stolen tokens have been moved out of the attacker's wallet or dumped on the market.</p><p>The Allora team is currently advancing the full restitution process for the stolen ALLO tokens. Upon completion of the restitution, the total supply of ALLO will remain at its original level, with no additional minting or deflation occurring, and the tokenomics model will retain its original specifications.</p>