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Ethena addresses Binance exposure and ENA deposit

DevelopingCryptoSecurity incidentFirst tracked 2026-10-30Last changed 2026-10-31

Current outcome

Ethena deposited 128.6 million ENA (about $24.33 million) to Binance, apparently as part of Binance's buyback of the 217.5 million ENA stolen in its breach so it can complete Proof of Reserves.

Progress timeline

2 material updates
  1. #01
    Response2026-10-31 01:14 · publication time

    【Ethena 向币安存入 1.286 亿枚 ENA,价值约 2433 万美元】

    Ethena deposited 128.6 million ENA (about $24.33 million) to Binance, apparently as part of Binance's buyback of the 217.5 million ENA stolen in its breach so it can complete Proof of Reserves.

    Source evidence: foresightnews

  2. #02
    Initial2026-10-30 00:32 · publication time

    【Ethena:对币安未实现盈亏敞口约 880 万美元,远低于储备基金】

    Ethena said its unrealized PnL exposure to Binance totals about $8.8 million — far below its over $60 million excess reserve fund — with collateral held at off-exchange custodians and third-party proof of reserves due within hours, amid on-chain reports of a suspected Binance hot wallet attack.

    Source evidence: foresightnews

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