WBodd-Flap

A Week in the Flap Ecosystem
New projects appear on Flap every week. What you see is new projects launching, trading, and community discussions, but there’s also a lot of ongoing work behind the scenes. From FAC to day-to-day ecosystem development, we’re continually supporting the launch of more new ideas.
Starting this week, we’ll regularly share the latest updates from the Flap ecosystem. For our first edition, let’s take a look at last week’s FAC data.
10.26 – 11.02:
Projects: 10
FAC: Factory 6 times; Token 22 times; 28 times in total
Successfully graduated: 13; graduation rate: 59%

To @Yi He @CZ and every Binancians. 💛
I’ve always believed that the true strength of an ecosystem isn’t measured only by its market cap, technology, or trading volume.
It’s measured by the people behind it.
Watching how CZ, Yi He, and the Binance team continue to face difficult moments with responsibility reminds me why trust matters so much in this industry.
I know no one can make every problem disappear overnight. But stepping forward, taking responsibility, and standing with users when things get tough means a lot.
And honestly, I feel proud seeing the Binancian community stand together through all of this.
People from different countries, speaking different languages, living completely different lives, yet sharing the same sense of belonging.
That’s something special.
No borders. No matter where we come from, we stand together.
To me, being a Binancians is more than supporting an ecosystem when everything is going well.
It’s about having the courage to stay, the heart to care, and the willingness to support one another when times get difficult.
I have genuine respect for everyone showing that spirit right now.
Success brings a community together. Hard times reveal how strong that community really is.
#币安将恢复第一阶段提现 Proud to be a Binancians. 🖤💛

#FOMC会议 Withdrawals have been suspended for the assets stolen from Binance. He Yi says users’ funds are still safe, but I’m a little uneasy, so I looked into how Binance has handled thefts over the years...
Binance has been around for more than nine years. Before today, the only time money was stolen from the exchange’s own wallet was in 2019: $40 million. If reports about this morning’s incident are confirmed, the estimated outflow alone is $3.3 billion—more than 80 times as much.
So I went through all of Binance’s past incidents to see how each one was resolved.
The first was in March 2018.
The hackers spent months setting up phishing websites, collecting user accounts, and creating API keys for trading on each account. On March 7, those accounts were manipulated into buying VIA over the course of two minutes, driving its price up 100-fold. The hackers sold VIA through 31 accounts they had set up in advance. But when they tried to withdraw the funds, Binance’s risk controls kicked in, halting all trading and withdrawals. Binance reversed all the abnormal trades from those two minutes and seized the VIA the hackers had deposited. In the end, they got away with nothing. Binance later offered a $250,000 bounty and set aside another $10 million for future hacker bounties.