Palo Alto, CA
- Tweets 654
- Following 2,329
- Followers 8,853
- Likes 851
Rush retweeted
Binance is preparing to resume phase one of withdrawals on 2026-11-01 between 06:00 and 09:00 (UTC).
The first batch open for withdrawal covers 15 currencies across the 15 networks shown in the chart. Wallets for other currencies are still undergoing repeated security audits and perimeter checks which will be prioritized based on the platform's market cap, locked funds, and user base. The remaining tokens are being processed as quickly as possible. Thank you for your support and understanding💁🏻♀️
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Rush retweeted
省流版：币安从自己钱里划了63.4亿美元，把BTC、ETH、USDT、BNB、SOL、USDC、XRP、USD1、RLUSD 和 ZEC 买好了，储备金证明快照也做了，资金规模决定验证跑的时间，过两天就可以自己验证了。
如果是其他山寨币的持币用户也不用着急，我们正在抓紧换币。
Binance has allocated US$6.34 billion of its own corporate funds to the User Fund. In the current User Fund, BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have all achieved 100% full reserve backing. We will continue to purchase other altcoin assets that are not yet 100% matched through market and over-the-counter (OTC) channels until the replenishment ratio for all tokens reaches 100%.
We completed a new Proof of Reserves snapshot at 08:00 (UTC+8) on October 31, 2026, and have updated it on the Proof of Reserves website. This snapshot presents the latest fully verified asset position and is part of our ongoing commitment to transparency. Because generating zero-knowledge proofs requires substantial computing resources, it is expected to take approximately 40 to 50 hours. If you hold any of the aforementioned ten tokens, you can independently verify, once the complete proof is generated, that your assets are backed by at least 1:1 full reserves. The complete proof is expected to be published on Tuesday, November 3, 2026 (UTC).
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Rush retweeted
Thank you all in the community for your support. We will enable withdrawals as soon as the security scan is complete.💁♀️
💛all of you.
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
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Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
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builders build.
binancecoin:native ’s 37th quarterly burn removed ~1.65M BNB (~$1.2B), its third-largest by USD value.
Floating supply is now 131.5M, down a third from 200M in 2017 and 68.5% of the way to the 100M target. Since 2017, ETH, ADA, TRX and XRP supply rose 21% to 64%, with SOL up 129% since 2021.
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Rush retweeted
Released improvements to our liquidation heatmap. It's bigger and beautiful-er... And you can slide the toggle on the left to increase or decrease sensitivity, making it easier to see where the zones are. Our map also shows fully data points across the entire time period, i.e. it's very accurate. And if you're still not sure what you're looking at, just check the 3 big boxes at the bottom :)
And with that, here's to hoping we don't go to $77k.
Link to the map: coinmarketcap.com/charts/liq…
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Holly sh*t
Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses.
Reach out to Ledger customer support through official channels with any questions: support.ledger.com/
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Rush retweeted
Our CEO @davidsalamon joined @awscloud, Amber Group and OpenAI at the AWS Web3 AI Leadership Forum to discuss taking AI × crypto from demo to production.
The takeaway: trusted data is what turns a good demo into a real product 🔍
#TOKEN2049
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One more step to AI everything
To see markets clearly, it's helpful to know to analyze charts. With Agentic Charts, our goal is to give you chart analysis superpowers, by powering the chart with CMC AI.
Have a look and let me know how we can keep improving to make AI-powered charts your default way of analyzing price action.
coinmarketcap.com/cmc-ai/age…
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After 5 years leading CoinMarketCap, I'm moving on to build new business. I'm proud to be promoting @davidsalamon, our Chief Product Officer, to CEO of CMC, effective immediately.
Over the past few years, David has been at the table for nearly every major decision we've made at CMC, and he built one of the strongest product teams in the industry. He knows our product, our business, and our people inside out.
Couldn't be handing CMC over to anyone better. Congrats, David!
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CoinMarketCap has acquired @coinglass_com.
CoinGlass is where the market goes to see positioning: open interest, funding, liquidations. It stays CoinGlass, keeps running independently, and nothing changes for its users.
Details: coinmarketcap.com/academy/ar…
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To our community in India: we're aware coinmarketcap.com has been unreachable for many of you these past few days. The app is working normally, though some embedded pages may not load. We're in direct contact with local ISPs and regulators to resolve this. I'll keep you posted.
@CoinMarketCap
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Rush retweeted
We're standardizing how Open Interest (OI) is displayed on CMC.
Exchanges use different OI conventions — single-sided and double-sided — each valid in its own context. To give users a consistent, comparable view, we're now normalizing all listings to single-sided for display.
Now normalized: HTX, BitMart, LBank, Hyperliquid, Aster, GRVT, MEXC, Bybit (more to come).
We'd love our friends @coingecko @coinglass to join us on the same standard to avoid double-counting industry-wide.
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