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KuCoin: Platform Unaffected, User Assets Remain Secure

58 minutes ago

KuCoin officials announced on social media that they have noticed reports circulating online about a security incident affecting multiple platforms. KuCoin was not impacted, user assets remain secure, its systems are operating normally, and both trading and withdrawal services are fully functional.

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Binance Hacker Dumps 217.5M $ENA, New Wallet Opens 3x Long on 22.78M $ENA

After the Binance hacker finished dumping all 217.5M $ENA ($33.93M), someone started going long on $ENA. A newly created wallet, 0xedc0, deposited 2M $USDC into Hyperliquid and opened a 3x long on 22.78M $ENA ($4.09M).

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He Yi: The platform is currently undergoing security scans, and user funds are secure.

Binance co-founder He Yi published a statement thanking the community for their collective support, noting that the platform is currently conducting security scans to ensure the safety of users' funds. He Yi also reposted a post from on-chain monitoring account Specter regarding the progress of frozen stolen assets, which states that approximately $2.8 billion in related stolen assets have been frozen so far, and calls on First Digital to assist in freezing the remaining roughly $3.45 million in FDUSD.

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Coinbase CEO has offered assistance to Binance and is blocking transfers to the stolen wallet.

Coinbase CEO Brian Armstrong stated in a post that his team is doing its utmost to support the ongoing situation surrounding the Binance hack, including blocking transfers to the compromised wallets, and has proactively reached out to Binance to offer assistance. Armstrong noted that the crypto industry should collaborate at this juncture, share useful information publicly, prioritize protecting customers regardless of which platform they use, and those capable of assisting should step forward. The crypto industry has always emerged stronger after every difficult period, and this time will be no exception.

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The three major U.S. stock index futures continued to decline, with Nasdaq futures falling by 2%.

According to data from the BIT Stock Platform, the three major U.S. stock index futures continue to decline: Nasdaq futures fell 2%, and S&P 500 futures fell 1%. Amazon and Intel dropped 7.7% and 23% respectively in after-hours trading, as their previously released earnings reports failed to impress investors. Tech stocks followed suit in after-hours and overnight trading, with Nvidia down 2.5%, Micron Technology down 4.4%, and Oracle down 4%.

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Whale Closes $80.56M $ETH Position to Avoid Liquidation, Down $38M

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Trader 'Maji' suffered 8 consecutive liquidations amid the price decline, with their Hyperliquid account balance now standing at just $1.5.

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