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The Binance hacker is converting over 970,000 SOL tokens into BTC, worth roughly $95.9 million.

51 minutes ago

According to Lookonchain monitoring, the Binance hacker is converting the stolen 970,522 SOL (valued at approximately $95.9 million) into BTC. Over the past hour, the hacker transferred 486,970 SOL (worth around $46.4 million) and is currently converting the remaining SOL to BTC via Relay Protocol.

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He Yi: Security audit between the prediction market module and Binance’s main platform wallet has not been completed yet.

Binance co-founder He Yi stated in a post that the security audit between the prediction market – an independent module – and Binance’s main site wallet is still ongoing, and it will be slightly deprioritized.

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Sources: Iranian negotiators are pushing for an agreement aimed at ending the U.S.-Iran conflict.

An official familiar with the talks told Reuters that Iranian negotiators held talks with Qatari mediators in Doha, Qatar’s capital, for the third consecutive day, aiming to reach an agreement to end the US-Iran conflict.

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Binance has newly resumed withdrawals of SOL, USDT, and USDC on the Solana network.

According to an official announcement from Binance, the platform has resumed withdrawals for SOL, USDT, and USDC on the Solana network.

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WSJ: We are living in the era of "empire CEOs," as tech giants increasingly resemble private kingdoms.

Beating AI News Flash: The Wall Street Journal has compared Meta’s Mark Zuckerberg, SpaceX’s Elon Musk, and Anthropic’s Dario Amodei to ancient monarchs, noting we are living in the era of the “Empire CEO”. The term “Empire CEO” does not merely refer to the vast power these company leaders hold, but rather that these tech giants increasingly resemble kingdoms run entirely on the founders’ will. They can bet tens of billions of dollars to pursue near-sci-fi technological visions, and even after going public and raising capital, they do not face the same direct shareholder constraints as traditional corporate executives. Zuckerberg previously bet big on the metaverse, investing tens of billions of dollars, and is now making a massive push into AI. Meta’s board recently even created new non-voting shares for him to address potential California wealth taxes while preserving his control over the company. Musk’s SpaceX has integrated rockets, Starlink, X, and Grok into a single business ecosystem, and he remains its dominant leader even after the company goes public. Anthropic, meanwhile, plans to have its seven founders and an independent trust jointly oversee corporate governance, aiming to insulate its AI safety roadmap from short-term stock price pressures. Silicon Valley embraces this bold “founder model” of high-stakes betting, and investors are willing to back it. But when bets pay off, investors can earn staggering returns; when they go wrong, outside shareholders have little ability to course-correct. As the decisions of these tech giants impact more and more people’s lives, the question of who can rein in these “Empire CEOs” is no longer just a concern for shareholders alone.

9 minutes ago

Binance has newly resumed withdrawals for some assets on Arbitrum and TRX networks.

According to an official announcement from Binance, the platform has resumed withdrawals of ARB, ETH, USDT and USDC on the Arbitrum network, as well as withdrawals of TRX and USDT on the TRX network.

9 minutes ago

Symbiosis: Detected that the hacker behind the Binance hack attempted to transfer funds via its protocol, and has contacted Binance.

Cross-chain protocol Symbiosis issued a statement saying it has detected funds linked to the recent Binance security incident attempting to transfer via its platform. Currently, Symbiosis is taking steps to block the relevant transactions and has reached out to Binance. The protocol’s existing fund screening mechanisms are primarily designed for regular transaction flows, leaving gaps when handling rapid, complex fund transfers; the team is working to continuously improve these mechanisms. Symbiosis also noted that as a decentralized protocol, such cases present a new challenge for its team. For users whose funds are pending processing due to the incident, or whose funds were returned due to misoperations, the team will conduct individual reviews and resolve them as soon as possible to assist users.

9 minutes ago

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