Kamino said it was not affected by the Binance incident and had temporarily suspended SOL/BTC the market borrowing function
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Kamino said it was not affected by the Binance incident but had suspended SOL/BTC the market borrowing function.
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Kamino: Not affected by the Binance incident, has suspended SOL/BTC the market borrowing function
PANews October 30 reported that the Solana lending protocol Kamino posted on X that it is currently not affected by the Binance incident, but out of caution, it has temporarily suspended SOL/BTC the market's borrowing function, is closely monitoring the situation, and is maintaining communication with multiple partners. Previously, Binance's hot wallet was suspected of being attacked; an address linked to the theft had collateralized assets on Aave and USDT borrowed ETH。
Kamino said it is currently not affected by the Binance incident.
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Out of caution, Kamino has temporarily suspended SOL/BTC the market's borrowing function.
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Kamino said it is closely monitoring the situation and maintaining communication with multiple partners.
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Previously, Binance's hot wallet was suspected of being attacked; an address linked to the theft had collateralized assets on Aave and USDT borrowed ETH。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Kamino is a Solana lending protocol. This suspension means that users temporarily cannot borrow from the SOL/BTC market, but the material does not state when it will resume.
Why it matters to readers
This indicates that external security incidents may prompt lending protocols to adopt temporary risk-control measures.
The suspension of borrowing may affect the use of funds in the relevant market, and the resumption time requires continued monitoring.
Risks and unknowns
The attack on Binance's hot wallet remains described as “suspected.”
The material does not state the scope of the Binance incident's impact or the scale of the losses.
The material does not state when Kamino will resume the SOL/BTC market borrowing function.
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Related concepts
Lending protocol
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