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1INCH drops 13% as stolen Binance tokens can’t be frozen

1INCH drops 13% as stolen Binance tokens can’t be frozen
AI summary

1inch's token fell 13%, underperforming both Bitcoin and Ether. The project said its token was among assets stolen from Binance and that blocking attacker access to its apps cannot freeze the tokens themselves. Traders are watching whether the stolen supply gets dumped and whether the token can recover from the reputational hit.

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