1inch has blocked Binance attack-related addresses in dApps, wallets, and API; some 1INCH cannot be frozen.
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AT A GLANCE
1inch stated that it has blocked addresses related to the Binance vulnerability, but some stolen 1INCH cannot be frozen.
Article
1inch: has blocked Binance attack-related addresses in dApps, wallets, and API; some stolen 1INCH cannot be frozen
PANews October 30 reported that 1inch posted on X that it is aware of the Binance vulnerability incident and is contacting the Binance team to provide support. 1inch The risk management team is working with ZeroShadow and SEAL 911、TRM Labs, among others. Within the first hour after the incident, it blocked vulnerability-related addresses in 1inch dApp、1inch Wallet and 1inch API, and continues to add newly identified addresses. The same list will also be provided to parsers and integrators. 1inch stated that some 1INCH tokens are among the stolen assets. 1INCH is a standard ERC-20 token and has no freeze or blacklist functionality; therefore, no one can freeze the stolen tokens. 1inch stated that it will fully cooperate with Binance and law enforcement agencies in tracking and recovery.
1inch stated that it is aware of the Binance vulnerability incident and is contacting the Binance team to provide support.
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1inch The risk management team is working with ZeroShadow and SEAL 911、TRM Labs, among others. Within the first hour after the incident, it blocked vulnerability-related addresses in 1inch dApp、1inch Wallet and 1inch API.
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1inch stated that it will continue adding newly identified addresses and provide the same list to parsers and integrators.
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1inch stated that some 1INCH tokens are among the stolen assets.
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1inch stated that 1INCH is a standard ERC-20 token with no freeze or blacklist functionality; therefore, no one can freeze the stolen tokens.
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1inch stated that it will cooperate with Binance and law enforcement agencies in tracking and recovery.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
1inch stated that it has intercepted known addresses involved in the incident in its products and is working with multiple parties to update the list. However, because 1INCH has no freeze or blacklist functionality, the relevant tokens that have already been stolen cannot be directly frozen.
Why it matters to readers
Address blocking can restrict the use of relevant addresses in 1inch products, but cannot freeze stolen 1INCH; subsequent progress in tracking, recovery, and address identification remains to be monitored.
This means that platforms can prevent certain known high-risk addresses from using their services, but cannot directly lock 1INCH that has already been transferred away.
Risks and unknowns
The evidence does not provide independent confirmation from Binance regarding the cause of the vulnerability, the scale of losses, or the scope of impact.
The evidence does not provide the specific quantity, current destination, or recovery outcome of the stolen 1INCH.
The evidence does not state whether address blocking affects other platforms or on-chain transfers.
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Related concepts
ERC-20
A widely used token standard on the Ethereum network that defines implementation rules for token contracts and supports integration with ecosystem applications.
