freeze

Binance co-founder He Yi reminded users, "Funds from 'friends' discounted U', 'coins sent from relatives on-chain', 'money from doing business in Myanmar', 'accounts received in Cambodia', 'friends' money transferred from an account' should not be transferred to Binance." He Yi stated that Binance implements global compliance standards, and the compliance team can easily identify such funds. The relevant addresses are marked before the funds are transferred in, and after the transfer, they may be frozen by law enforcement. Such cases are usually complex and have a long processing cycle, and Binance does not have the authority to unfreeze.

Binance co-founder He Yi stated that Binance needs to collaborate with U.S. companies to freeze and recover assets, and that U.S. law enforcement agencies (FBI) are very efficient in their involvement.In cases that attract global attention, any content released by law enforcement agencies is rigorously verified and substantiated. Binance just wants to get back its hard-earned money.

The DeFi lending platform Tydro has lifted the previous preventive freeze, and the related markets have resumed operation, but the new borrowing function remains suspended.According to The Defiant, during the freeze, repayment, withdrawal, and liquidation operations remained available. Tydro's dashboard shows that the current outstanding loan amount on the platform is 62.36 million dollars.

On October 30, the official X account of the cryptocurrency exchange Binance stated that Binance will bear all losses. As a precautionary measure, the platform has temporarily suspended all deposits and withdrawals while the team conducts security checks, freezes relevant funds, and collaborates with law enforcement.Binance stated that the team is continuously advancing the handling work, and a complete review will be published after the investigation is completed. Users are advised to obtain information only through official Binance channels. Earlier that same day, Binance mentioned that it was investigating potential security issues and updated that the total amount of verified frozen assets is approximately 3 billion USD. The team is still tracking and freezing more assets in collaboration with law enforcement, issuers, on-chain intelligence agencies, and industry partners.

According to monitoring by ZachXBT, the Arbitrum Security Council has executed a transaction to freeze approximately 30.5 million dollars in funds from the Binance exploit.

The decentralized lending protocol Aave stated in a social media post that it is aware of reports regarding Binance-associated wallets potentially being affected by the incident. Aave's contracts remain unaffected, and positions are still over-collateralized.As a precaution, all markets operated by the DAO in V3 and V4 have been frozen. This freeze suspends new deposits and loans, but users can still withdraw and repay their existing positions. Aave stated that it will continue to monitor the progress of the incident and restore normal operations as soon as possible.

According to Whale Alert monitoring, from 05:10 to 05:11 Beijing time, two addresses holding approximately 313 million and 971 million USDT were frozen, totaling about 1.28 billion USD.

The governance organization of Ethereum Name Service ENS DAO published a new proposal on X, suggesting the activation of ENSv2.The proposal plans to freeze new v1 .eth registrations, allowing domains that have not yet migrated to continue renewing and retaining existing domains, and subsequently transitioning the domain registration and resolution functions to v2.

The on-chain guarantee protocol Firelight stated that some deposit addresses failed the fund screening, and the related funds have been unstaked and returned to the original addresses, involving 87 addresses and a total of 117,500 FXRP. Firelight mentioned that the current mechanism screens blacklisted addresses or addresses sanctioned by OFAC during fund deployment and throughout the entire cycle. If an address is flagged during deployment or within the cycle, the funds will remain in the protocol until the cycle ends and will not generate rewards, but can still participate in the guarantee module for the remaining time of that cycle.After the cycle ends, the funds will be returned, and the related wallets will be prohibited from accessing again. Firelight stated that this practice is unsustainable and will roll back the blacklist process in the coming days and unfreeze the affected wallets; the time and steps for retrieving funds will be announced separately. Security, KYC, and institutional standards remain unchanged, and Firelight will develop a new plan that does not affect users in the coming weeks and will seek community input before any changes. Flare co-founder Hugo Philion stated that due to compliance policies, 84 Flare addresses have been unstaked by Firelight, and he personally will issue equivalent subsidies to those addresses that are not sanctioned and not widely blacklisted.

According to The Business Times, Hong Qi Yu, the former CEO and founder of the collapsed cryptocurrency exchange Tokenize Xchange, and his ex-wife Erin Koo, have had nearly SGD 53 million in assets frozen under a court asset freeze order. This amount corresponds to the total claims made by 249 former customers in the lawsuit.The injunction prohibits the two from selling, disposing of, transferring, mortgaging, pledging, or otherwise diminishing the value of the related assets. The couple, both 36 years old, failed to lift the injunction during a hearing presided over by Judge Mohamed Faizal at the Singapore High Court on September 28, and the injunction remains in effect. Hong Qi Yu denies being the sole decision-maker and driving force behind AmazingTech, the operating entity behind Tokenize.

The cross-chain liquidity protocol ThorChain's official announcement states that the network interruption is an emergency security mechanism aimed at protecting the protocol's security. The suspension is not a selective freeze of specific funds, nor is it a targeted exchange against individuals.The announcement mentioned that in the security incident in May 2026, 10.7 million dollars were stolen from the liquidity pool. At that time, the attacker's address was not blacklisted, so it could still trade on ThorChain. ThorChain stated that it is a permissionless blockchain platform designed with the intention of not conducting any censorship.

Bitget CEO Gracy Chen stated on the X platform that the Bitget bounty recovery program has been launched: a 5% reward for facilitating the freezing of the attackers' funds, and an additional 5% reward for successfully recovering the funds. She called on exchanges, security researchers, and on-chain investigators to participate in tracking and recovery, and thanked Circle and Tether for their swift freezing actions.According to previous reports, Circle and Tether have frozen 218,023 USDT and 99,990 USDC in addresses related to the Bitget attack, totaling approximately $318,000. Bitget stated that the attack resulted in losses of about $351.6 million, with the attackers breaching the wallet service backend system, forging transfer information, and triggering the authorization signature process, ruling out private key leakage.

U.S. Senator Cynthia Lummis stated that the recent lawsuit against Tether for freezing $42.4 million in USDT highlights the regulatory gaps in the current crackdown on illegal financial activities in the cryptocurrency industry. She pointed out that stablecoin issuers and trading platforms may face civil litigation risks if they freeze related assets due to suspicions of illegal activities.Lummis indicated that Section 305 of the "Digital Asset Market Structure Clear Act" would grant stablecoin issuers and trading platforms the necessary authority to promptly freeze stablecoins suspected of being involved in illegal activities while avoiding civil liability as a result.She believes that this provision can help the cryptocurrency industry more effectively prevent the flow of illegal funds and address the legal risks faced by issuers and trading platforms when taking compliance measures.

The Bangko Sentral ng Pilipinas (BSP) has released a proposed announcement to suspend the acceptance of new applications for registration of payment system operators (OPS) for 12 months and to implement stricter controls on payment arrangements involving virtual asset service providers (VASP). The BSP stated that this move aims to conduct a comprehensive review of its classification and licensing framework.According to the draft, during the suspension period, the BSP will stop accepting and processing OPS applications. Applications submitted prior to the suspension can continue to be evaluated, but will not be approved or rejected until the suspension ends. Relevant entities are prohibited from conducting business activities that require OPS registration unless they obtain special authorization from the regulatory agency. In addition, BSP-regulated entities providing merchant acquiring services must connect licensed VASPs through direct merchant arrangements, and such relationships will be subject to enhanced due diligence, transaction and settlement limits, and other risk control measures.This requirement applies to virtual asset enterprises licensed, registered, or authorized by the BSP, the Securities and Exchange Commission of the Philippines, or other regulatory agencies, with VASPs being categorized alongside betting, gaming, adult industry, and money service businesses. If the draft is ultimately approved, it will take effect 15 days after publication, and the BSP is currently seeking public comments.

Protocol Watch founder Christine D. Kim stated that Bitcoin Core v32 has completed feature freeze on August 20, and developers are currently focusing on bug fixes and small optimizations, with the official version expected to be released in October this year.The main updates in v32 include increasing block validation speed by up to approximately 3 times through multi-CPU core parallel processing; introducing a global transaction queue and rate limiting to improve node stability during sudden surges in transaction volume; and adding a fee estimation mechanism based on Mempool status to reduce overestimation of fees. This update does not involve changes to the protocol rules at the Bitcoin network level.

The Irish National Police (An Garda Síochána) reported that during a special operation against organized crime in the Galway area, police searched two properties and froze two cryptocurrency accounts worth approximately $900,000 in total. In addition, the police also froze a bank account containing €25,000 (approximately $29,100), and seized €9,300 in cash and drugs valued at approximately €18,300 (including amphetamines and cannabis).A man in his 40s involved in the case has been arrested and charged, and the investigation is ongoing.

The Singapore International Commercial Court (SICC) has ordered the freezing of approximately SGD 75 million worth of Bitcoin and USD Coin, involving a transfer dispute between a global major cryptocurrency exchange operator (the plaintiff and related companies) and a long-term customer. In a ruling made in March 2026 by Singapore High Court Judge Aidan Xu and SICC international judges Anthony Meagher and David Goddard, the court granted the plaintiff a temporary injunction, prohibiting the defendant from disposing of 816,773 USDC and 780 BTC transferred from two dedicated wallets on the platform and the corresponding profits, and required the defendant to disclose the whereabouts of the assets, but did not allow the plaintiff to use that information to apply for similar injunctions in other jurisdictions.The defendant had held 2,500 BTC and 2,500 BCH in the dedicated wallet. The plaintiff claimed that due to technical reasons, the internal ledger did not record the defendant's transfer operation in March 2020, and the wallet appeared empty. Based on this misunderstanding, the plaintiff transferred 2,500 BTC and 2,500 BCH to the defendant's other wallet in July 2024. The defendant subsequently exchanged 20 BTC for approximately 816,773 USDC and transferred it along with 780 BTC to a non-plaintiff custodial wallet between July and November 2024. After discovering the ledger error in January 2025, the plaintiff froze the defendant's wallet and recovered the remaining 1,700 BTC and 2,500 BCH.

Harmony stated that it is collaborating with internal teams and relevant exchanges to attempt to stop and freeze the flow of related funds. A patch and rollback plan are also being developed. Further information will be updated in a timely manner.