BINANCE MAY HAVE JUST SUFFERED A MULTI-BILLION-DOLLAR HACK.
Founder CZ says “it does look like a hack” after billions of dollars moved out of Binance-linked hot wallets into fresh addresses.
Tether and Circle have already frozen roughly $1.8 billion in USDT and USDC tied to the suspicious wallets. Binance says it is investigating a “potential security issue” and has not confirmed any impact to user funds yet.
The exact amount involved is still moving depending on which on-chain tracker you use, but this is way past a normal-looking wallet transfer.
Source: Binance / Writer: Sol
BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen:
• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies
This is the largest hack in crypto history.