Ethena Says It Is Aware of a Potential Security Incident Related to Binance
JH Kim
Summary
- Ethena said it is aware of a potential security incident related to Binance.
- Ethena stressed that all collateral assets with exchange exposure are being safely held with off-exchange third-party custodians.
- Ethena added that it will provide further updates through its official X account as soon as specific details about the matter are confirmed.
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Ethena, a cryptocurrency project, said it is aware of a potential security incident related to Binance. It added that all collateral assets with exchange exposure are held with separate off-exchange third-party custodians.
On Oct. 29, Ethena said in a post on its official X account, formerly Twitter, that it was aware of a potential security incident related to Binance.
The project emphasized that all collateral assets with exchange exposure are not held directly on the exchange and are instead stored securely with off-exchange third-party custodians.
Ethena added that it would provide further updates through its official X account once specific details on the matter are confirmed.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.