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Binance $5.8 Billion Hack Triggers Crypto Market Crash. What Really Happened?

Binance $5.8 Billion Hack Triggers Crypto Market Crash. What Really Happened?

Photo: Coinpedia

The world’s largest crypto exchange, Binance, has confirmed it was hacked, with multiple cryptocurrencies valued at between $2 billion and $5.8 billion drained. According to a forensic analysis of the event by security firm Blockaid, the attacker targeted two Binance hot wallets named “Binance 14” and “Binance 16”.

Source: Coinpedia

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