Binance hacker splits $1.4 billion of bitcoin into 19 wallets that no one can freeze
All 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, a CoinDesk trace of the blockchain shows.
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All 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, a CoinDesk trace of the blockchain shows.
Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under pressure before finding a base.
The withdrawals suggest the fallout from the multibillion-dollar breach is spreading beyond Binance.
Security researchers suggested that the hermit kingdom's Lazarus Group was behind Thursday's nearly $6 billion hack of the world's largest crypto exchange.
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
Crypto prices are sliding on the news, with bitcoin falling back to $77,000, though Binance's co-CEO said it would cover all losses.
Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.
The billionaire investor disclosed an investment in Trade[XYZ] as the platform teams up with the NYSE's parent company. His family office previously reported owning shares in a HYPE-focused treasury company.
The exchange is closing accounts in both countries after MEXC and Bitget announced similar moves earlier this month.
The two networks are setting aside their rivalry to connect Solana's stablecoin activity with Polygon's banking, wallet and payment infrastructure.
The former Huobi exchange has stopped accepting deposits from British customers and agreed not to target them with crypto promotions.
Polymarket’s new Up/Down crypto contracts come as the CFTC renews scrutiny of the prediction market’s compliance with its 2022 U.S. onboarding terms.