Topic Archive

#Yi He

5 Stories Found

Coins•Nov 8, 2026

Binance Co-Founder Yi He Warns of Five USDT Deposit Types Subject to Account Freezes

Key Highlights: Binance co-founder Yi He has warned users against depositing five specific sources of Tether ($USDT), including tokens from Myanmar, Cambodia, discounted sales, relatives, and third-party account transfers. The exchange’s compliance protocols track on-chain wallet history and provenance, meaning accounts can face scrutiny and immediate asset freezes even if the account holder was unaware ...

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Coins•Nov 1, 2026

Binance Wallets See $2.5 Billion in Outflows as Withdrawals Resume Post-Hack

Key Highlights Binance has initiated a phased restoration of withdrawals across 15 blockchain networks following an October 29 cyberattack tied by the FBI to North Korea’s TraderTraitor group. Co-founder Yi He confirmed that transaction processing is largely stable, though heavy user demand may cause brief periods of network congestion. Binance has replenished approximately 95% of ...

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Coins•Oct 31, 2026

XRP Breaks Below Key 2026 Support but Bullish Momentum Is Not Finished Yet

Key Highlights XRP dipped to a Friday low of $1.19 and remains below its 200-day moving average following hotter-than-expected inflation metrics and an attack on Binance. Analysts identify the 50-week moving average as critical support, with price scenarios projecting a slide toward $0.98 if broken, or a rebound targeting $1.70 if sustained. Binance co-founder Yi ...

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Coins•Oct 29, 2026

Bitcoin Briefly Drops to $76,300 as Binance Confirms Estimated $6.3 Billion Hack

Key Highlights Binance confirmed an exploit with an estimated total impact of around $6.3 billion, with approximately $3 billion in affected assets already frozen on-chain. Binance leadership, including co-founder Yi He, stated that user funds are safe and all losses will be covered using the platform’s SAFU reserve and corporate funds. Following the incident and ...

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Coins•Oct 29, 2026

Binance Hack Drained Wallets Backing Customer Assets, Reserve Data Shows

Key Highlights: An attacker exploited Ethereum standard EIP-7702 to siphon approximately 204,500 ETH alongside altcoin assets from Binance-associated exchange wallets. The drain reduced Binance’s ETH reserve ratio from 100% to around 94%, though co-CEO Yi He and founder Changpeng Zhao affirmed that user funds remain secure and will be fully honored. Major stablecoin issuers and ...

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