According to Richard Teng on Twitter, Binance successfully traced, blocked, and largely recovered $6.1 million following the KiloEx exploit, with 90% of stolen assets returned due to close cooperation between the crypto ecosystem and law enforcement (source: @RichardTeng, Binance Blog, May 1, 2025). This rapid recovery demonstrates strong incident response and collaborative asset protection, which may enhance trader confidence and liquidity on Binance and KiloEx platforms. Traders should monitor official Binance announcements for further security updates and any changes to withdrawal or deposit protocols as a result of this exploit.

According to ZachXBT, he has joined Paradigm as an incident response advisor to support their portfolio companies in security matters. This strategic move is expected to enhance the security infrastructure of companies within Paradigm's portfolio, potentially affecting their operational stability and investor confidence. ZachXBT's involvement is anticipated to lead to more transparent and secure trading environments for stakeholders. [Source: ZachXBT Twitter]