Sign up
Subscribe
Home / news / ❔ Binance has been hacked, with approximately USD 5.7 billion withdrawn from wallets in less than an hour
news

❔ Binance has been hacked, with approximately USD 5.7 billion withdrawn from wallets in less than an hour

❔ Binance has been hacked, with approximately USD 5.7 billion withdrawn from wallets in less than an hour

«User funds are safe», they said… Meanwhile, Binance founder Changpeng Zhao confirmed the security incident.

▶️ Affected assets: 💵 USDT, 💵 USDC, 💵 ETH, 💵 BTC, 💵 TRX, 💵 ARB, 💵 SOL and others. Meanwhile, the world's largest cryptocurrency exchange has suspended customer withdrawals. The company has stated that withdrawals will be restored later.

▶️ Tether froze nearly 1 billion USDT, while Circle froze 823 million USDC.

▶️ Nearly USD 2.5 billion was transferred in a single transaction. The transaction was routed through the cryptocurrency mixer Tornado Cash, which raised suspicions. Etherscan also flagged the receiving address as belonging to a «suspected hacker».

▶️ Following widespread reports about the incident across media outlets and social networks, major cryptocurrencies experienced sharp declines. During the first hour, major exchanges recorded trader position liquidations totaling approximately USD 600 million.

▶️ Addresses for tracking the allegedly stolen funds: https://etherscan.io/address/0x5227f603c1ee34ce3c06efe6477003bdfccb2f8c

#news #crypto #scam

🤝 Argentina - issuance - instant acceptance and payouts in the same second starting at 2.5%

Comments

Weekly high-risk digest

Regulation, sanctions and payment news across your verticals — once a week, free.

Please check your inbox and click the link to confirm your subscription.

Please enter a valid email address!