Binance Alpha 2.0 said it will support a NES contract swap on BNB Smart Chain (BEP20), with the plan covering users who held NES before deposits and withdrawals were closed at 22:51 Beijing time on Aug. 24 and still held eligible NES when trading was halted at 12:00 on Sept. 5. Those eligible holdings will be swapped at a 1:1 ratio. NES bought after 22:51 on Aug. 24 will not be included in the swap and will be refunded separately. Users who had a net bought NES position between Aug. 24 at 22:51 and Sept. 5 at 12:00 will receive an official email within seven business days with details on eligible refunds. Trading in Nesa (NES) on Binance Alpha 2.0 is expected to resume at 16:00 on Sept. 10. Foresight News had previously reported that Bubblemaps said on X that an attacker exploited a Cosmos EVM shared module vulnerability to steal $50 million worth of NES tokens, but ultimately made only about $60,000.
Binance Alpha 2.0 will support a NES contract swap on BNB Smart Chain (BEP20).
The plan is expected to cover users on Binance Alpha who held NES before 22:51 Beijing time on Aug. 24, when deposit and withdrawal functions were closed, and who still held eligible NES as of 12:00 on Sept. 5, when trading was suspended. Those eligible holdings will be swapped at a 1:1 ratio.
NES purchased after 22:51 on Aug. 24 will not be included in the swap and will instead be refunded separately. Users who had a net bought NES position between 22:51 on Aug. 24 and 12:00 on Sept. 5 will receive an official email within seven business days detailing the refund arrangements for eligible holdings.
Trading in Nesa (NES) on Binance Alpha 2.0 is expected to resume at 16:00 on Sept. 10.
Foresight News previously reported that Bubblemaps said on X that an attacker used a vulnerability in the Cosmos EVM shared module to steal $50 million worth of NES tokens, though the attacker ultimately profited by only about $60,000.
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