---
title: "b14g Pauses Smart Contracts Following 97 Million CORE Token Drain"
description: "The Bitcoin staking protocol confirmed centralized exchanges froze roughly 9 million CORE and stated staked BTC was unaffected."
url: https://basisdesk.news/news/b14g-pauses-contracts-after-core-token-drain
published: 2026-10-31T17:11:09.406Z
modified: 2026-10-31T17:11:09.406Z
section: Security & Hacks
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bearish
tickers: [CORE, BTC]
tags: [b14g, core, exploits, defi, bitcoin-staking]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# b14g Pauses Smart Contracts Following 97 Million CORE Token Drain

The Bitcoin staking protocol confirmed centralized exchanges froze roughly 9 million CORE and stated staked BTC was unaffected.

## At a glance

- **What happened:** b14g paused its contracts after 97 million CORE tokens were drained, while exchanges froze 9 million tokens.
- **Why it matters:** The exploit removed 97 million CORE tokens from b14g, though staked BTC holdings were preserved without loss.
- **Who is affected:** b14g protocol participants, CORE token holders, and participating partner exchanges.
- **What's next:** No next step announced.
- **Status:** announced
- **Primary source:** [b14g Says 97 Million CORE Drained, Pauses Contracts](https://thedefiant.io/news/hacks/b14g-says-97-million-core-drained-pauses-contracts) — thedefiant.io

## Key points

- Bitcoin staking protocol b14g paused its contracts after 97 million CORE tokens were drained [1].
- Centralized exchanges intercepted and froze approximately 9 million of the drained CORE tokens [1].
- b14g confirmed that user-staked BTC remained completely unaffected by the security breach [1].

## Editorial remark

- **Context:** b14g operates Bitcoin staking infrastructure on the Core blockchain, where smart contract permissions were compromised [1].
- **Impact:** Holders and liquidity providers of CORE face potential dilution or market impact, while staked BTC remains intact [1].
- **Watch:** Watch for formal statements from b14g regarding unfreezing contracts or accounting for the remaining 88 million CORE [1].

Bitcoin staking protocol b14g has paused its smart contracts following an incident in which 97 million $CORE tokens were drained from the platform [1].

Following the exploit, centralized cryptocurrency exchanges stepped in to freeze approximately 9 million of the stolen CORE tokens, according to statements from the protocol [1]. In an update addressing the scope of the losses, b14g confirmed that users' staked $BTC remained entirely unaffected by the contract breach [1].

## Exchange Response and Staking Safety

The targeted asset, CORE, is tied to the Core network, where b14g operates staking infrastructure [1]. The protocol chose to halt operations across its contracts to prevent further unauthorized activity while mitigating losses [1]. 

While the protocol confirmed the interception and freezing of 9 million CORE by exchanges, the remaining balance of the drained funds—roughly 88 million CORE—remains unaccounted for in public statements [1]. Protocol administrators have not reported any additional compromised assets beyond the drained native governance and utility tokens [1].

The broader market reflected cautious sentiment at the time of writing, with Bitcoin trading at $77,467 and the Fear & Greed Index registering 30, indicative of market fear. No official timeline has been released detailing the resumption of regular contract activity or next administrative steps [1].

## Sources

1. [b14g Says 97 Million CORE Drained, Pauses Contracts](https://thedefiant.io/news/hacks/b14g-says-97-million-core-drained-pauses-contracts) — thedefiant.io, 2026-10-31

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai