Cryptocurrencies 14,993Exchanges 96Market cap $2.61T▲ 1.08%24h volume $272.75BDominance BTC 59.5% ETH 10.8%Kite Pulse 38 FearUpdated 5 minutes ago
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Binance Details Months-Long Campaign Behind $6.34 Billion Hack

Headline from The Defiant

Image: The Defiant

Key points

  • Cryptocurrency exchange Binance released details regarding a complex months-long campaign that led to a massive $6.34 billion exploit.
  • According to a new report from the exchange, ninety-eight percent of the affected digital tokens have already been replenished.
  • The disclosure also explains why freezing account withdrawals failed to completely halt every outgoing transaction during the breach.

Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.

Sources

  • The DefiantBinance Details Months-Long Campaign Behind $6.34 Billion Hack · 3 hours agoRead on The Defiant

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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