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.