Binance Alpha will launch the newly issued Griffin AI (GAIN) after the token contract swap
ChainCatcher news, according to official information, Binance Alpha has announced a contract swap for Griffin AI (GAIN) due to a hacking incident. After the project team clearly stated that they would prioritize user interests, trading of the new GAIN token will start on October 13, 2025, at 20:00 (UTC+8) on Binance Alpha 2.0.Previously, trading of GAIN on Binance Alpha 2.0 was suspended on October 2, 2025, at 07:00 (UTC+8), and the user asset snapshot at that time will serve as the basis for calculating user balances.To protect users and ensure that eligible users (based on snapshot data) can receive a 1:1 token swap compensation, Binance Alpha will use its own funds to cover 50% of the required tokens, while the remaining 50% will be borne by the project team.In addition, the project team has committed to implementing a buyback plan, and a related announcement will be issued by the project team separately.