Hacking News
Binance Hot-Wallet Exploit Suspected
A suspected Binance hot-wallet exploit has been reported, involving approximately 3.4 billion RSR tokens. The RSR token and Reserve protocol contracts are unaffected. Binance is working with exchanges and market makers to flag the attacker's addresses and monitor governance. User funds are not at risk, and Binance will cover any losses. Reserve-provided onchain RSR liquidity has been temporarily withdrawn to prevent the stolen RSR from being sold.