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Crypto & Bitcoin

MILESTONE | Binance Gets Hacked in the Largest Crypto Exploit in History

Reported by Global Correspondent, BitKE

Image: BitKE

Binance, the world’s largest cryptocurrency exchange, is investigating a potential security breach after on-chain data showed billions of dollars in digital assets moving from wallets linked to the platform to newly created external addresses. Reports put the figure at over $6 billion making it the largest ever crypto attack in history. According to blockchain intelligence firm, Arkham, the hackers held over $5.7 billion stolen from Binance including: $1.5 billion in bitcoin $900 million in ETH ~$1.5 billion in USDT Over $800 million in USDC The exchange has not confirmed the amount stolen or established the cause of the incident.

This is an excerpt. The reporting belongs to BitKE.

Read the full report on bitcoinke.io
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