BlockBeats News, October 13th, according to official sources, Binance Alpha has announced a contract swap for Griffin AI (GAIN) following a security breach incident. After the project team explicitly stated that they would prioritize user interests, trading of the new GAIN token will go live on Binance Alpha 2.0 on October 13, 2025, at 20:00 (UTC+8).
Previously, trading of GAIN on Binance Alpha 2.0 was halted on October 2, 2025, at 7:00 (UTC+8), and the user asset snapshot at that time will be used to calculate user balances.
To protect users and ensure that eligible users (based on snapshot data) receive a 1:1 token swap compensation, Binance Alpha will use its own funds to cover 50% of the required tokens, with the remaining 50% covered by the project team.
Furthermore, the project team has committed to implementing a buyback plan, and a separate announcement will be made by the project team.
