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Kamino: Unaffected by Binance Incident, Borrowing Paused on SOL/BTC Market

Oct 30, 06:35

October 30: Solana lending protocol Kamino posted on X that it is currently unaffected by the Binance incident, but out of caution has temporarily paused borrowing on its SOL/BTC market, and is closely monitoring the situation and staying in communication with multiple partners. Previously, Binance's hot wallet was suspected of being attacked, and an address linked to the theft had used USDT as collateral on Aave to borrow ETH.