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1inch blocks addresses linked to Binance attack but can't freeze stolen tokens due to token limits

Market News
30 Oct 2026, 08:26 WIB
Tokenpost
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Bearish
1inch blocks addresses linked to Binance attack but can't freeze stolen tokens due to token limits

1inch quickly blocked addresses tied to a Binance attack across its decentralized app, wallet, and API, working with partners to update the blocklist within an hour. However, the stolen 1INCH tokens cannot be frozen because the token lacks freeze and blacklist controls, being a standard ERC-20 token. The 1inch team is cooperating with Binance and law enforcement to recover the stolen funds and continues to add suspicious addresses to the blocklist. This incident highlights the limitations of token control features in decentralized finance.

As of Oct 30, 2026 12:41 WIB, 1INCH trades at Rp1.425 on Pluang, down 10.04% in the past day. The token's market cap stands at Rp2,02 trillion, reflecting its significant presence despite the recent security incident. Binance Coin (BNB) also shows a decline, priced at Rp13.017.948 with a 5.36% drop in 24 hours, indicating broader market pressures.

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