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Binance Hacker Moves Millions in Stolen Crypto to Evade Detection

Binance Hacker Moves Millions in Stolen Crypto to Evade Detection

Binance hackers raced to move billions before it could be frozen
Binance hackers raced to move billions before it could be frozen

Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.

Binance Hacker Sends $3.32M in Altcoins to Unrecoverable NEWT Contract
Binance Hacker Sends $3.32M in Altcoins to Unrecoverable NEWT Contract

Lookonchain says the Binance hacker sent $3.32 million in altcoins to the NEWT contract, where the Newton Foundation says they cannot be recovered.

XRP Price Today: Binance Hacker Sits on $28M in Stolen XRP as Price Slips to $1.24
XRP Price Today: Binance Hacker Sits on $28M in Stolen XRP as Price Slips to $1.24

XRP falls to $1.24 as the Binance hacker holds 233.46 million stolen tokens worth $289 million, raising concerns over potential selling pressure.

Chainalysis Says Binance Hacker Swapped $325 Million to Evade Freezes
Chainalysis Says Binance Hacker Swapped $325 Million to Evade Freezes

The firm's findings report puts frozen assets at about $2.8 billion and describes transaction patterns suggesting automated laundering.... Read the full story at The Defiant

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