Reserve：Binance Approximately 3380000000 tokens involved in the hot wallet theft RSR have been sold; the protocol contracts were unaffected
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AT A GLANCE
Reserve stated that Binance approximately 3380000000 stolen tokens RSR have been sold, while the protocol contracts were unaffected.
Article
Reserve：Binance Approximately 3380000000 tokens involved in the hot wallet theft RSR have been sold; the protocol contracts were unaffected
BlockBeats reports that October 30, Reserve stated regarding the Binance hot wallet theft that the stolen RSR tokens have been sold, Reserve's contracts were unaffected, and RSR holders need take no action.
Since Binance, the attacker stole approximately 3380000000 RSR tokens and Uniswap v3 converted all of them into 1856 ETH tokens, equivalent to approximately 4100000 USD.
Original link https://m.theblockbeats.info/flash/374592
Key points
01
Reserve stated that the stolen RSR tokens have been sold.
02
Reserve stated that Reserve's contracts were unaffected, and RSR holders need take no action.
03
Since Binance, the attacker stole approximately 3380000000 tokens RSR。
04
These RSR were all converted on Uniswap v3 into 1856 tokens ETH, equivalent to approximately 4100000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a security update regarding the disposal of assets stolen from Binance's hot wallet. The stolen RSR was converted into ETH; according to Reserve, Reserve's protocol contracts themselves were unaffected.
Why it matters to readers
The incident involved the concentrated sale of a large amount of RSR, potentially raising concerns about custody security and market selling pressure; however, the materials do not state whether other users' assets were affected.
Beginners should distinguish between exchange hot wallet incidents and protocol-contract security: the materials state that Reserve's contracts were unaffected in this case, but this does not mean that all related risks have been confirmed.
Risks and unknowns
The materials do not state whether Binance has confirmed the scale of the theft or a plan for handling user assets.
The materials do not state whether the converted ETH will continue to be transferred or sold.
The report primarily relays Reserve's public statements, and the relevant circumstances still require verification with further information.
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Related concepts
Hot wallet
A wallet kept connected to the internet for convenience, better suited to everyday scenarios such as frequent transactions.
