Fast Update

b14g loses 97 million CORE to unauthorized withdrawals; staking contracts paused

2026-11-01 · 2 min read
Core logo: orange hexagon with the word CORE
Image source: Bitget News

Bitcoin staking platform b14g has reported unauthorized withdrawals of about 97 million CORE tokens on October 31 at 09:29 UTC. The affected contracts were paused at once, and b14g says it is working with the Core team, exchanges, and security researchers to trace the funds.

What is known

Of the 97 million CORE, about 68 million is still on the Core network and about 9 million was frozen by exchange partners. Those figures describe where part of the tokens can be traced, not how much has been returned to users. Frozen tokens are not the same as recovered tokens, and tokens sitting in attacker wallets are not necessarily retrievable. b14g also published two wallet addresses linked to the incident.

What was spared, and what is still unexplained

Bitcoin staked through b14g was not touched: those assets stay time-locked on the Bitcoin network. Core DAO adds that the Core network, its validators, and its staking contracts kept running normally, and CORE staked directly with validators or through other protocols was also unaffected. Still missing: the technical cause, the final dollar value of the loss, and how many users were affected. The "$97 million exploit" label in headlines is a figure reported by the press, not a number b14g has confirmed, so read the dollar figure as an estimate, not a final loss.

Why it matters this week

This is the second major hack in three days, after Binance's $6.3 billion. The pattern repeats: within hours of an incident, fake "refund" and "claim" pages appear. b14g has announced no claim link of any kind. Any page asking for a seed phrase or a deposit in the name of a refund is a scam. A full post-mortem has been promised by b14g, and this page will be updated if the cause is disclosed.

Freebie reminder: tomorrow is the last day

The free trial of the Mischief video model on fal.ai ends tomorrow, November 2, 2026. This is our last reminder; after that date, don't count on it being free.

Sources: b14g's official announcement on X (Oct 31, 2026), Coin Edition (Nov 1, 2026), BBX (Nov 1, 2026). Figures are snapshots at writing time, morning November 1, 2026 WIB, and can change.

Logo Mastechon
Written by Mastechon

Writing about crypto and Super Intelligence: market news, new projects, Super Intelligence models, and early opportunities like airdrops and testnets. Every piece starts from the official announcement, with the costs worked out up front.

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