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Binance.US CEO Steve Gregory stated that Binance.US user funds are entirely separate and unaffected by this incident. He also emphasized that Binance.US and Binance are completely independent entities, with no shared asset custody arrangements between them.
: Harmony has released an update on the exchange reconciliation progress following the August 11 incident. It has verified on-chain deposits/withdrawals and cross-platform fund flows with Binance, Gate, KuCoin, MEXC, OKX, and Binance.US, prioritizing the coordination of restoring ONE deposits, withdrawals, and trading, with specific timelines to be announced separately by each exchange.Harmony stated that after matching 295 cross-exchange transfers totaling approximately 3.493 billion ONE and adjusting for circular transfers and returned funds, the preliminary shortage has been reduced from approximately 10.234 billion ONE to 6.581 billion ONE, a decrease of about 3.653 billion ONE. This change reflects an adjustment in reconciliation methodology and does not equate to newly recovered funds.Among these, Binance's data remains a preliminary upper-bound estimate, while some data from Gate and OKX are still pending final verification. Exchange teams have already frozen significant ONE balances and hacker proceeds. These efforts will be coordinated with the ONE migration and validator transition proposal, and validators may cease operations starting 22:00 Beijing time on September 10.