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Potential Binance Hack Sparks Alarm After Billions in Crypto Are Moved

Potential Binance Hack Sparks Alarm After Billions in Crypto Are Moved

Photo: Crypto Economy

Maximum tension across the crypto ecosystem over reports of abnormal outflows exceeding $2 billion from Binance hot wallets. The incident, detected on the afternoon of Thursday, October 29, involved massive transfers of ETH and other linked assets, raising suspicions of a potential hack. Despite widespread alarm, spokespersons linked to the exchange stated that user balances ... Read more

Source: Crypto Economy

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