💸Binance foils $5 Million Heist Amid Turkish Exchange Hack & Avalanche Token Theft.
In a dramatic cybercrime twist, Binance has frozen over $5.3 million in stolen funds following a massive hack on Turkish exchange BtcTurk. The attack compromised ten hot wallets, leading to the theft of approximately $54 million in Avalanche tokens. The stolen assets were dispersed across multiple exchanges, including Binance and Coinbase, and then converted into Bitcoin and moved to two separate wallets.
Binance CEO Richard Teng confirmed the exchange's swift response, emphasizing their 24/7 efforts to safeguard the ecosystem from malicious actors. Blockchain investigator ZachXBT suspects that the same hacker might be responsible for stealing over $3.5 million from the online casino Sportsbet.
🎨Non |Fungible | Tokens
Business Tips💳 |Crypto❤️
In a dramatic cybercrime twist, Binance has frozen over $5.3 million in stolen funds following a massive hack on Turkish exchange BtcTurk. The attack compromised ten hot wallets, leading to the theft of approximately $54 million in Avalanche tokens. The stolen assets were dispersed across multiple exchanges, including Binance and Coinbase, and then converted into Bitcoin and moved to two separate wallets.
Binance CEO Richard Teng confirmed the exchange's swift response, emphasizing their 24/7 efforts to safeguard the ecosystem from malicious actors. Blockchain investigator ZachXBT suspects that the same hacker might be responsible for stealing over $3.5 million from the online casino Sportsbet.
🎨Non |Fungible | Tokens
Business Tips💳 |Crypto❤️