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WLFI has frozen approximately $27 million in assets linked to the Binance incident.

58 minutes ago

World Liberty Financial co-founder and CEO Zach Witkoff posted that USD1 has actively frozen approximately $27 million in USD1 tokens linked to the Binance hack incident, and will collaborate with industry partners to protect users and prevent the transfer of stolen funds.

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A certain ETH bullish whale closed its positions to avoid liquidation, still holding positions worth $125 million.

According to Lookonchain monitoring, a whale holding a long position of 93,184 ETH (valued at $214 million) has closed 36,517 ETH (worth $80.56 million) to avoid liquidation, retaining 56,667 ETH (valued at $125 million). The new liquidation prices for the whale’s two addresses are $2,122.44 and $2,129.72 respectively, with the whale’s cumulative losses exceeding $38 million.

1 seconds ago

Following Binance hackers' sale of ENA, an on-chain whale opened a long position worth $4.09 million.

According to Lookonchain's monitoring, after the Binance hacker sold all 217.5 million ENA tokens (valued at $33.93 million), on-chain whales began going long on ENA. The newly created wallet 0xedc0 deposited 2 million USDC into Hyperliquid and opened a 3x-leveraged long position of 22.78 million ENA, worth $4.09 million.

1 seconds ago

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).

1 seconds ago

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.

1 seconds ago

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.

1 seconds ago

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%.

1 seconds ago

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