1inch Blocks Binance Attack Addresses, Some 1INCH Cannot Be Frozen

According to official news from 1inch, the team is aware of the attack incident on the Binance trading platform and is in contact with them for assistance. The risk management team, in collaboration with ZeroShadow, SEAL 911, TRM Labs, and others, has blocked the addresses related to the attack on the 1inch dApp, 1inch Wallet, and 1inch API within an hour, and continues to add to the list. The same list is being synchronized with resolvers and integration partners. Some 1INCH tokens are among the stolen assets. Since 1INCH is a standard ERC-20 token, it does not have freezing or blacklisting functions, meaning the stolen tokens cannot be frozen by anyone. 1inch stated that it will fully cooperate with Binance and law enforcement agencies in the recovery efforts.

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