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Project Overview
The Reserve Protocol is a decentralized stablecoin platform that aggregates tokenized assets to create a fully decentralized stable cryptocurrency (RTokens). The ultimate goal of the Reserve Protocol is to provide an alternative to fiat currency. In January 2024, Reserve announced the establishment of two new companies, ABcLabs and Confusion Capital, with the former focusing on the development and promotion of the Reserve Protocol and the latter focusing on the development of the ecosystem.
Reserve: All 3.38 billion stolen RSR tokens from Binance have been sold; the Reserve protocol and contracts remain unaffected.
Reserve has officially stated that the 3.38 billion RSR tokens involved in the Binance hot wallet hack have been sold by the attacker. The Reserve protocol contracts remain unaffected, and RSR holders need to take no further action. On-chain data indicates that the attacker exchanged the entirety of the RSR for 1,856 ETH via Uniswap V3 between 20:53 and 21:08 EST on October 29, with a total value of approximately $4.1 million.
Binance hacker is dumping PEPE, UNI, LINK and other tokens on-chain in exchange for ETH, and still holds multiple altcoins
According to Lookonchain monitoring, the Binance hacker is currently dumping PEPE, UNI, LINK and other tokens on-chain in exchange for ETH. Lookonchain states that the hacker still holds a large amount of altcoins that may face significant selling pressure, including 217.497 million ENA (worth $39.51 million), 7.579 trillion PEPE (worth $34.41 million), 2.575 million LINK (worth $28.07 million), 128,034 AAVE (worth $15.9 million), 74.56 million ARB (worth $11.54 million), 1.938 million UNI (worth $12.62 million), 21.852 million ONDO (worth $8.52 million), 17.318 million WLD (worth $6.73 million), 714.911 million FUN (worth $6.29 million), 87.853 million ZAMA (worth $6.02 million), 3.602 million ZRO (worth $5.69 million), and 3.382 billion RSR (worth $5.02 million).
Related news
Reserve: All 3.38 billion stolen RSR tokens from Binance have been sold; the Reserve protocol and contracts remain unaffected.
Reserve has officially stated that the 3.38 billion RSR tokens involved in the Binance hot wallet hack have been sold by the attacker. The Reserve protocol contracts remain unaffected, and RSR holders need to take no further action. On-chain data indicates that the attacker exchanged the entirety of the RSR for 1,856 ETH via Uniswap V3 between 20:53 and 21:08 EST on October 29, with a total value of approximately $4.1 million.
Binance hacker is dumping PEPE, UNI, LINK and other tokens on-chain in exchange for ETH, and still holds multiple altcoins
According to Lookonchain monitoring, the Binance hacker is currently dumping PEPE, UNI, LINK and other tokens on-chain in exchange for ETH. Lookonchain states that the hacker still holds a large amount of altcoins that may face significant selling pressure, including 217.497 million ENA (worth $39.51 million), 7.579 trillion PEPE (worth $34.41 million), 2.575 million LINK (worth $28.07 million), 128,034 AAVE (worth $15.9 million), 74.56 million ARB (worth $11.54 million), 1.938 million UNI (worth $12.62 million), 21.852 million ONDO (worth $8.52 million), 17.318 million WLD (worth $6.73 million), 714.911 million FUN (worth $6.29 million), 87.853 million ZAMA (worth $6.02 million), 3.602 million ZRO (worth $5.69 million), and 3.382 billion RSR (worth $5.02 million).
Upbit to List RSR/KRW and RSR/USDT Trading Pairs
According to an official announcement, Upbit will list the RSR/KRW and RSR/USDT trading pairs.