Unaffected by the Binance incident, Kamino pauses borrowing functionality on the SOL/BTC market

Odaily reports that Kamino has stated it is currently unaffected by the Binance incident, but out of caution, it has temporarily paused borrowing functionality on the SOL/BTC market and is closely monitoring the situation and maintaining communication with multiple partners. Previously, Binance's hot wallet was suspected to have been attacked, and an address associated with the stolen funds had used USDT as collateral on Aave to borrow ETH.