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Privacy Cash Pauses Deposits After Binance Hack
Headline from The Defiant
Key points
- Privacy Cash has suspended new deposits following a recent exploit on Binance.
- Analytics firm Elliptic discovered that hackers routed approximately $1.2 million worth of stolen Ethereum and Solana into the privacy protocol's liquidity pools.
- The project's team announced that while incoming deposits are halted, user withdrawals remain fully operational during the ongoing review.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantPrivacy Cash Pauses Deposits After Binance Hack · 1 hour agoRead on The Defiant
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