Massive $5.9 Billion Binance Hack Hits XRP, BTC, ETH and Other Tokens

Binance, the world's largest crypto exchange, has been hit with a massive security breach. Blockchain analysts believe the hackers have stolen nearly $6 billion in crypto from wallets linked to the exchange. According to blockchain analytics firm Glassnode, the suspected hack initially involved crypto worth $5.3 billion. The hackers made some of the biggest transfers out of the crypto exchange, including an estimated $1.66 billion in Tether (USDT), 17,985 Bitcoin (BTC) worth about $1.45 billion, and $767 million in USD Coin (USDC). Other crypto tokens involved in the suspected hack included Ethereum (ETH), XRP, Solana (SOL), and Tron (TRX).

Source: U.Today