Reserve: Binance was hacked, RSR has been sold, holders do not need to take action

Reserve tweeted that the RSR stolen in the Binance hot wallet security incident has been sold, and its contract was not affected, so RSR holders do not need to take any action.

The attacker stole 3.38 billion RSR from Binance and exchanged all of it for 1,856 ETH (approximately 4.1 million USD) on Uniswap v3 between 20:53 and 21:08 (ET) on October 29. Reserve stated that, on-chain, the attacker no longer holds RSR.

Since RSR is a non-fungible token and has no admin key, no one can freeze the token. Reserve has currently found no reason to suspend any products, and all products continue to operate normally.