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Decentralized AI prediction network Allora said its network and ALLO token contract remain secure following a Binance security incident on Oct. 30, and that ALLO held outside Binance was not affected.
After confirming that some ALLO stored at Binance had been stolen, Allora said an emergency safeguard built into the token contract was activated to prevent further transfers. The attacker cannot move, sell or use the affected ALLO, and none of the stolen tokens have been sold or moved خارج the attacker’s wallet, according to Allora.
The project said procedures are underway to restore all affected ALLO to Binance without changing the total supply, adding that it will provide further updates once the recovery is complete.