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.
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 falls to $1.24 as the Binance hacker holds 233.46 million stolen tokens worth $289 million, raising concerns over potential selling pressure.
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
First reported:
First saved on ClustZ:
Coverage updated:
We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.