Binance Alpha Steps In to Support Griffin AI After Security Breach

In a significant move to regain trust after Griffin AI (Gain) was hacked. Binance Alpha announced a Griffin AI token swap on its improved Binance Alpha 2.0 platform. This decision was made after the Hack and continued teamwork between the exchange and the Griffin AI team to make sure that affected users were provided full protections. 

The exchange previously confirmed that trading of the new GAIN token will officially resume on October 13, 2025, at 12:00 (UTC); which will be welcomed news as it comes after the Project assured prior reporting user protections were at the highest priority, and for both sides to work together to restore investor trust.

The GAIN token faced trading suspension on October 1, 2025, at 23:00 (UTC) after a reported hack led to security concerns and unauthorized movements of funds. Binance Alpha’s quick intervention aims to ensure that users are compensated fairly. And also that token operations return to normal without losses for eligible holders.

Binance Alpha had announced a contract swap for Griffin AI (GAIN), subsequent to a hacking incident on GAIN.

Following clarification from the project that will prioritize users' interests, trading for the new GAIN token will start at 2025-10-13 12:00 (UTC) on Binance Alpha 2.0.… pic.twitter.com/pocHZlwbQb

— Binance Wallet (@BinanceWallet) October 13, 2025

How the Binance Alpha Griffin AI Token Swap Works

The Binance Alpha Griffin AI token swap is designed to ensure a seamless transition from the compromised GAIN contract to a new, secure token. A snapshot of all user balances was taken at the time of trading suspension. This serves as the reference for calculating the number of tokens eligible for the swap.

To further reinforce user protection, Binance Alpha announced that it would use its own funds to cover 50% of the tokens needed for the swap. The remaining 50% will be provided by the Griffin AI project team, ensuring that every affected user receives a 1:1 swap for their previous holdings.

This joint financial responsibility showcases the platform’s dedication to user safety and transparency. It also sets a new standard for how exchanges and projects can collaborate to mitigate damage after cybersecurity incidents.

User Protection at the Core of Binance Alpha’s Response

The Binance Alpha user protection initiative plays a central role in this entire recovery process. Binance Alpha’s proactive funding contribution demonstrates that the exchange is not only a trading platform but also a partner that values accountability and trust.

Griffin AI has committed to compensate users and collaborate with Binance Alpha to regain trust within the crypto ecosystem. The initiative is taking concrete and active measures to rebuild confidence for token holders and investors. This response also aligns with the platform’s mission to build safe-first trading environments, putting the user first, especially under duress. The partnership illustrates how a coordinated response can even diminish the impact of hacks and further disrupt a token’s ecosystems.

Griffin AI’s Buy-Back Plan to Strengthen Market Stability

Alongside the Griffin AI contract swap, the project has also confirmed plans to launch a buy-back program. While details of this initiative are expected in upcoming announcements, the move indicates a strong commitment to supporting the new GAIN token’s price and liquidity.

Buy-back programs often help restore market balance by absorbing excess tokens and reassuring investors of project sustainability. In this case, the buy-back could act as an essential step toward rebuilding Griffin AI’s long-term credibility. This also maintains price stability after the contract breach.

Final Thoughts

Binance Alpha’s swift and transparent handling of the Griffin AI contract swap highlights its dedication to user safety and trust. The combined 50-50 coverage from both the exchange and the project reflects a balanced and fair approach to post-hack recovery.

With trading set to resume on October 13, users can look forward to a secure and stable environment. As Griffin AI rolls out its buy-back plan, this coordinated action could mark the start of a renewed phase of reliability. It also gives confidence for both the token and its community.