Binance
11 hours agoNews Editor

Binance co-founder He Yi says most large transfers were from cold wallets to a new hot wallet

Binance co-founder He Yi said most of the large transfers drawing attention were internal wallet movements, specifically from Binance cold wallets to a new Binance hot wallet. She made the comment in response to X user yurihanachan98, who had asked about several large transfers after seeing another user’s post discussing major Binance transactions. The question centered on which whales might be involved in transfers worth hundreds of millions of dollars. He Yi’s reply framed the activity as wallet reallocation within Binance rather than identifying outside whale entities. The statement was reported by ChainCatcher.

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Binance co-founder He Yi says most large transfers were from cold wallets to a new hot wallet
Symbiosis
11 hours agoNews Editor

Symbiosis says it spotted attempts to move funds tied to recent Binance hack

Cross-chain protocol Symbiosis said in a post on X that it had identified attempts to move funds linked to the recent Binance attack through its platform. The team said it is working to block the activity and has already contacted Binance. Symbiosis also said its current screening system was built for normal fund flows and has monitoring gaps when facing fast and complex operations, adding that those checks will be improved over time. The protocol said users whose funds are still pending, or were mistakenly rolled back, can contact the team for review and handling.

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Symbiosis says it spotted attempts to move funds tied to recent Binance hack
Hong Kong
11 hours agoNews Editor

Hong Kong clearing house warns of fake website scam tied to virtual wallet claims

Hong Kong Interbank Clearing Limited said it has identified a fraudulent website impersonating its official site and attempting to lure users into sharing sensitive information. The fake site claims to support deposits and withdrawals through a virtual wallet and says it offers online transaction security support for the Faster Payment System, or FPS. According to the company, those claimed services include refunds, reporting unauthorized online transactions, and transaction support. HKICL said it does not normally provide FPS services directly to individual members of the public and does not proactively contact individuals. It urged people not to submit personal details or bank account information to the website. The alert was cited from a Hong Kong SAR government press release.

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Hong Kong clearing house warns of fake website scam tied to virtual wallet claims
Hong Kong
11 hours agoNews Editor

Hong Kong Interbank Clearing warns of scam site impersonating its official website

Hong Kong Interbank Clearing Limited has disclosed that it identified a fraudulent website impersonating its official site and attempting to lure users into making deposits and withdrawals through virtual wallets. The scam site also claimed to offer online transaction security support for the Faster Payment System, or FPS, including refunds, reporting unauthorized online transactions, and transaction support. The company said it generally does not provide FPS services directly to individual members of the public and does not proactively contact individuals. It warned users not to submit personal information or banking details to the related website. The notice was reported by ChainCatcher in a 7x24 newsflash.

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Hong Kong Interbank Clearing warns of scam site impersonating its official website
Binance
11 hours agoNews Editor

CoinMarketCap data shows $1.02 billion net outflow from Binance after withdrawals reopened

CoinMarketCap data shows that Binance has recorded a net outflow of $1.02 billion after the exchange reopened withdrawals today. The platform's total assets currently stand at $156.192 billion. The update was published by ChainCatcher as a 7x24 newsflash and cites CoinMarketCap as the data source. The report focuses on the scale of the outflow and Binance's current asset balance, without adding further details beyond the figures provided.

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CoinMarketCap data shows $1.02 billion net outflow from Binance after withdrawals reopened
Binance
11 hours agoNews Editor

Binance restores withdrawals for DOGE and selected assets on Optimism

Binance has resumed withdrawals for DOGE on the DOGE network, along with ETH, USDT, and USDC on the OP (Optimism) network, according to an official announcement. The update adds to a broader restoration of withdrawal services previously completed across several networks. Binance had already brought back withdrawals for BTC on the Bitcoin network; USDC, USDT, and ETH on the Ethereum network; USDC, USDT, and BNB on BNB Smart Chain (BSC); XRP on the XRP network; and ETH and USDC on Base. The notice did not include additional details beyond the list of restored withdrawal routes.

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Binance restores withdrawals for DOGE and selected assets on Optimism
Binance
11 hours agoNews Editor

Binance reopens DOGE and OP network withdrawals

Binance has reopened withdrawals for DOGE on the DOGE network and for ETH, USDT, and USDC on the OP (Optimism) network, according to a post cited by Techub News from @heyibinance. The update adds to a list of networks whose withdrawal functions had already been restored, including Bitcoin, Ethereum, BSC, XRP, and Base. He Yi also reminded users to double-check withdrawal details, make sure their devices are secure, and confirm wallet addresses before sending funds. Binance said it will continue restoring more assets and networks in phases after security checks are completed, with later updates to be released through official channels.

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Binance reopens DOGE and OP network withdrawals
Market Analysis
11 hours agoNews Editor

The Defiant uses a hypothetical SEI ledger to explain perpetual funding rates

The Defiant published a market analysis piece titled "What Are Perpetual Funding Rates? A Worked SEI Example," focusing on how funding rates work in perpetual swaps. The article uses a hypothetical SEI ledger to illustrate the mechanics with a concrete transfer amount rather than a broad conceptual overview. In the example cited in the summary, a $30 funding transfer equals 0.75% of one trader’s starting collateral and 0.375% of the other trader’s starting collateral. The piece is categorized under market analysis and is tagged with Perpetual Swap, Sei, and Derivatives. Based on the available source input, no additional calculations, price data, or trading outcomes were disclosed beyond that worked example.

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The Defiant uses a hypothetical SEI ledger to explain perpetual funding rates
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