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Onchain Foundation: LSK Buyback Suspended Due to Binance Security Incident, Expected to Resume Next Week

BlockBeats news, October 30 - The Onchain Foundation stated that due to the Binance security incident, it has temporarily suspended the LSK buyback plan and expects to resume next week after the situation becomes clearer.

The organization pointed out that Binance has confirmed it will bear all losses, so it is expected that this incident will not affect the LSK buyback plan. Once the buyback resumes, the Onchain Foundation will issue a separate announcement.

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On-Chain Activity

1h ago

Trader Loracle today added short positions worth approximately $48.4 million in altcoins and tech stocks.

1h ago

Intel plunges in pre-market trading; on-chain major short seller adds to short position, with total position around $7.81 million.

2h ago

A certain whale continues to short Nvidia and Oracle, increasing short positions to $10 million in half a day.

3h ago

7 on-chain whales bought the dip on BNB, with a scale of $12.08 million.

24H Important News

2026-10-30

He Yi: The $60 million USDT collateralized by AAVE is not within the fully frozen scope; the hacker actually only took away $46 million in ETH.

Aave to Lower Borrowing Caps Before Phased Unfreezing to Prevent Attackers in Binance Hack Incident from Establishing Large Positions

Changxin Technology plans to spend $1 billion to $2 billion to repurchase shares, with a net profit of $132.04 billion in the first three quarters.

Intel's pre-market decline on the US stock market widened to nearly 26%.

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