Lisk team monitoring Binance hack, Max Kordek notes

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Lisk team monitoring Binance hack, Max Kordek notes — Lisk team addresses Binance hack monitoring

The Lisk team is aware of the reported hack at Binance and is currently monitoring the situation. Max Kordek, co-founder and CEO of Lisk, stated that updates will be provided once more information is available.

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Lisk recently announced that Lisk Chain will shut down on November 2, with about 4 million LSK in staking rewards to be burned, according to co-founder Max Kordek. More details were provided in a project update. Earlier, the Onchain Foundation completed a buyback of 9,854,400 LSK tokens. The transaction was confirmed by Kordek.

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