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Reserve Says Binance Attacker Sold Stolen RSR, Sees No DTF Governance Threat

The protocol said it withdrew treasury-provided on-chain liquidity before the sale and that its contracts were unaffected.

A blank metal token rests beside an empty acrylic ballot box / TokenPost.ai
A blank metal token rests beside an empty acrylic ballot box / TokenPost.ai

Reserve said the Binance attacker had sold all stolen Reserve Rights (RSR) and held none, which the protocol said meant the attacker could no longer affect Reserve DTF governance.

Reserve said its team withdrew treasury-provided on-chain liquidity before the sale. The protocol said its contracts were unaffected and RSR holders did not need to take action.

Reserve said RSR cannot be frozen because its contract is immutable and has no administrator key.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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