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.
Binance hack drained wallets backing customer assets, reserve data shows
Related News
Ethereum
Silicon Valley shifts AI funding to crypto using an Ethereum ICO blueprint
Its October startup request pairs blockchain capital raising with stablecoins, trading and agent infrastructu…
Exchanges
Binance hack may involve private key ‘misuse,’ not theft: Blockaid CEO
Blockaid’s Ido Ben-Natan suspects attackers manipulated Binance’s transaction-signing infrastructure, drawing…
Ethereum
Trump’s crypto firm joins Tether, Circle, and Ripple in $2.6 billion stablecoin freeze as Binance h…
Stablecoin issuers, including Tether, Circle, Ripple, and World Liberty Financial, have frozen more than $2.6…
Bitcoin
Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibillion-dol…
Comments (0)
Please sign in to comment.
No comments yet. Be the first to comment.