Kamino said it has not been affected by the Binance incident, but has temporarily suspended borrowing in the SOL/BTC market as a precaution. The protocol said it is closely monitoring developments and remains in contact with multiple partners. Earlier, Binance’s hot wallet was suspected of being attacked, and an address linked to the stolen funds had used USDT as collateral on Aave to borrow ETH. The move by Kamino was framed as a risk-control step rather than a response to direct exposure, based on the project’s own statement.
Kamino said it has not been affected by the Binance incident, but has temporarily paused borrowing in the SOL/BTC market as a precaution.
The protocol said it is closely watching the situation and staying in contact with multiple partners.
Earlier, Binance’s hot wallet was suspected of being attacked, and an address linked to the stolen funds had used USDT as collateral on Aave to borrow ETH.
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