BNB Chain: Network and bridge contracts unaffected by Binance security incident, on-chain funds secure

BlockBeats news, October 30 - According to an official statement from BNB Chain, BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain bridge contracts were not affected by Binance's recent security incident, and all services are operating normally. Their on-chain funds are secure.

BNB Chain stated that it will support Binance and the team that has been continuously handling this security incident since last night. It emphasized that security and industry trust require joint efforts from all parties and that it will continue to collaborate with ecosystem partners to protect this shared trust.

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On-Chain Activity

39min ago

Analyst: After the Binance attack, the decline in reserves of major cryptocurrencies was relatively limited, with BTC reserves dropping by 3.1%.

U.S. stocks opened with cryptocurrency-related stocks falling across the board, Coinbase dropping over 12%, MSTR and ABTC dropping over 11%.

U.S. stocks opened with Neocloud, semiconductor, optical communication, and storage shares all declining, with Intel dropping over 29%.

U.S. stocks opened with tech sell-off continuing, Intel plunges 25.7%.

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BNB Chain: Network and bridge contracts unaffected by Binance security incident, on-chain funds secure

A newly created wallet withdrew 68,773 SOL, approximately $6.65 million, from a CEX.

BlackRock transferred 37,470 ETH to Coinbase Prime, worth approximately $83.3 million.

'Machi' liquidated, then recharged $250,000 to go long, with total long positions valued at approximately $5.88 million.

Intel hit by another pre-market sell-off, profitable whale further increases short position by $4.5 million