Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
Flow retweeted
Vision team is heading to Singapore for @token2049 🇸🇬
Looking to meet teams building in DeFi, tokenized equities and consumer onchain apps.
Vision Chain is our upcoming L2 for tokenized assets and onchain markets.
Vision Wallet is our self-custody wallet product.
DMs open, or come say hi at the @Bitpanda booth (Oct 7–8), Level 4, Marina Bay Sands 🤝
@vsntoken @VisionWallet
It’s time to get the flywheel spinning.
The VISION web3 Foundation hereby announces our first-ever token buyback. We will conduct a buyback of €2,000,000 between September 1st, 2026 and December 31st, 2026.
For more details regarding this disclosure of insider information, please check out: blog.vision.now/the-vision-w…, as well as our dedicated blog article: blog.vision.now/the-first-vs…
Separating tokenisation hype from reality.
Real-World Asset (RWA) tokenization has scaled past $36B onchain, powered by heavy financial instruments rather than speculation.
Here is what’s moving real volume right now:
• Treasuries & MMFs: Onchain funds like BlackRock's BUIDL enable yield-bearing liquidity 24/7.
• Corporate Bonds: Leaders like Siemens use blockchain to slash settlement times.
• Yielding Collateral: Tokenized assets are actively used as productive margin.
• Equities: Global exchanges are building 24/7 settlement infrastructure for stocks.
The shift toward regulated, institutional finance onchain is why we build Vision Chain on the OP Stack.
1/10
One year ago today, $VSN started trading.
We know the first year did not meet every expectation, and the current sentiment is understandable.
This is not a victory lap.
It is a clear look at what shipped, what we learned and what we are building next.
Flow retweeted
July 1st 🫵 Time’s up for non-regulated exchanges! → While others scramble to get MiCA-compliant: We thrive in it since the beginning of 2025. 🇪🇺
Join Europe's most comprehensive investment app with over 650+ cryptos, no deposit or withdrawal fees and trading fees starting from just 0.02% on Bitpanda Fusion. All in one app!
Flow retweeted
🎉 $1,000 in VSN GIVEAWAY
Can Austria’s squad disrupt the reigning World Champions, or will Messi put on another masterclass?
How to enter:
- Open Vision Wallet
- Submit your prediction
- Reply here with a screenshot of your pick! 👇
Stop arguing. Start pricing.
Every prediction strengthens the network behind it.
A share of all revenues is reinvested back into $VSN.
The product earns. The token compounds.
Everyone has opinions. Only the market has conviction.
Vision Wallet, the first European partner of Polymarket.
Finance. Politics. Culture. Sports.
Monetise your insight.
The chart next to every headline, in your pocket.
vision.now/wallet
Flow retweeted
The vocabulary is shifting.
Today we say "digital assets."
Soon, we'll just say assets.
Funds. Derivatives. RWAs. New financial products. The transformation of finance is already here.
Vision Chain is the infrastructure powering this shift across Europe. $VSN is the economic layer.
That's the direction. More from the team soon. 👇
🔗 vision.now
Flow retweeted
We’re preparing an app update that will log users out.
That means one thing matters before June 1: make sure your wallet is backed up.
Vision Wallet is self-custodial, so only you can recover access. Save your seed phrase safely or enable Bitpanda Backup in the app.
Bitpanda Backup can be activated under: Profile > Bitpanda Integration
You can find your seed phrase under: Profile > Security > Recovery Phrase
Your keys, your coins, your responsibility.
Flow retweeted
Replying to @DerDom_Bo
Sorry this took a bit longer than usual, very busy times:
1. Revenue drivers
Yes. The upcoming feature is designed to create paid user activity, regardless of whether the crypto market is moving up or down. We are not ready to reveal the mechanic yet, but the goal is clear: users interact with the product, that activity generates fees, and those fees can later flow into the VSN economy. This is the direction we need to move in: features that generate revenue, not just attention.
2. Lessons learned
One key lesson is that utility has to meet users where they are. Many VSN holders are long-term users, not DeFi-native power users. They want clear, understandable benefits, and that is fair. At the same time, rewards for holding alone do not build a healthier token economy unless they are connected to real usage, fees, or product activity.
So our filter for upcoming releases is stricter: create usage, generate fees, make VSN staking more valuable inside the product, or improve retention. The goal is to bridge both sides: give holders benefits they understand, while building mechanics that actually strengthen the ecosystem.
3. Mathematical impact
No feature can guarantee price impact. Anyone claiming that would not be serious. What we can build are mechanisms with measurable effects: more fees generated, more VSN staked, more tokens bought back or burned, and more users actively using the Wallet. The flywheel can create price impact, but it will not spin without usage. That is the focus now: less narrative, more measurable impact.
4. Utility multiplier
The VSN staking multiplier is intended to become the core Wallet mechanic. The idea is simple: the more VSN you stake in the Wallet, the more you get out of future features. There is an upcoming feature where this is integrated from launch, though it may not be the one you are referring to. Once the features are revealed, we can also talk more openly about the decision-making behind them.
5. The sandbox
As mentioned several times, we are keeping the next larger Wallet feature close to the chest for now. So I will not speculate on whether it could be a specific type of product before we are ready to talk about it properly.
6. External burns
External burns from partner revenues start when Vision Chain is live and partners begin generating sequencer revenue. Until then, the first revenue-linked mechanisms are more likely to come from Wallet-side activity.
7. Supply issue
Many successful tokens do not have a hard cap. Confidence will come from actions, not promises. The first step was reducing emissions. The next step is offsetting supply through burns. After that, revenue-based buybacks need to become part of the system. If revenue takes longer to scale, we still need to keep dilution low and make disciplined decisions.
Flow retweeted
Hey @FkleinwieGross , I’ve been staying in the background lately to get some distance, but the "Community Dom Ask" series was such a hit (and seemed like fun for you too), that I couldn’t resist starting a new round.
We’ve analyzed Blog #7 and the latest Q&A.
It’s time to dig deeper into the "Real Impact" phase. Here are 7 questions for the team:
Revenue Drivers:
You mentioned a new feature being a "revenue driver." Is this a product based on real-time events where users actively interact, generating continuous protocol fees for the VSN burn?
Lessons Learned:
Which feature did you internally view as a major highlight for the price that ended up having little impact and what did you learn for upcoming releases?
Mathematical Impact:
Do you have more features in the pipeline that deliver a real, mathematical impact on the price (not just narrative)? Why are you confident this time?
Utility Multiplier:
Will the new Staking Multiplier be integrated into the upcoming lead feature to turn VSN from a passive "holding token" into an active tool for better conditions?
The Sandbox:
If the wallet is a "sandbox" for Web3 products: Will we soon see markets there that monetize collective intelligence and predictions?
External Burns:
When will we see the first burn generated by actual external partner revenues (RWAs/Banks)?
The Supply Issue:
How do you build long-term confidence despite the lack of a hard cap, especially if revenues don't scale immediately?
The market is tired of announcements; it’s waiting for the "Reality of Now." Looking forward to your insights!
#VisionChain #VSN #Bitpanda #CommunityDomAsk #CryptoRealism @vsntoken @VisionWallet
The power to shape the future of the Vision economy is now in your hands.
1 $VSN = 1 Vote.
Both staked and unstaked tokens count.
Vote now via:
- Within the Bitpanda App
- Vision Wallet
- Snapshot
As already teased in our recent Q&A, the first Vision Governance vote is coming soon.
To give everyone enough time to properly look into the proposal and think through the implications, we’re already sharing the details as well as some FAQs upfront.
Your Vision, Your Voice.
Read more: blog.vision.now/community-go…
Flow retweeted
🚨 New $VSN Proposal Alert! 🏛️
📌 Vision Web3 Foundation: "Strategic Emission Adjustment"
🗓️ Timeline:
🟢 Start: 11.05.2026 13:37 CEST
🔴 End: 18.05.2026 12:00 CEST
🔗 Read & Vote Here 👇
snapshot.box/#/s:visionfound…
Ecosystem Blog #6 - Vision Chain momentum, Optimism partnership, Wallet rebranding & more.
blog.vision.now/ecosystem-bl…
Flow retweeted
The €100,000 $VSN Airdrop has officially landed. 🪂
Every Visionary with 500+ XP has been rewarded.
Check your Vision Wallet now to see your share.
We decided to rather ship updates vs. pushing out April Fools' jokes.
You can now swap your small balances on @Bitpanda directly into $VSN.
Don't let your small balances sit idle.
Put them to work!


























