News
Binance $5.8 Billion Hack Triggers Crypto Market Crash. What Really Happened?
The post Binance $5.8 Billion Hack Triggers Crypto Market Crash. What Really Happened? appeared first on Coinpedia Fintech News The world’s largest crypto exchange, Binance, has confirmed it was hacked, with…
· 1 min read · 144 words · via Coinpedia
Wire briefing
The post Binance $5.8 Billion Hack Triggers Crypto Market Crash. What Really Happened? appeared first on Coinpedia Fintech News The world’s largest crypto exchange, Binance, has confirmed it was hacked, with multiple cryptocurrencies valued at between $2 billion and $5.8 billion drained. According to a forensic analysis of the event by security firm Blockaid, the attacker targeted two Binance hot wallets named “Binance 14” and “Binance 16”. They then siphoned multiple cryptocurrencies, including $1.6 …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
GetFreeBit earns a referral commission when you register via our verified partner links at no additional cost to you.