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XRP Slips as Binance Probes Unauthorized Transfers From Hot Wallets

XRP Slips as Binance Probes Unauthorized Transfers From Hot Wallets

Photo: TokenPost

XRP fell with the broader crypto market as Binance investigated unauthorized withdrawal transactions from several hot wallets, a security incident that led the exchange to halt deposits and withdrawals. Binance’s initial findings pointed to a DevOps engineer’s laptop as a possible entry point. The company said access to a service container may have enabled the transactions, while its early review found no evidence of a private-key leak. Deposits have resumed, and Binance expects withdrawals to return within 48 hours. The exchange said it is coordinating with law enforcement and blockchain partners as its review continues.

Source: TokenPost

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