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HotBinance Hack

North Korea launders Binance Hack funds through automated wallets

North Korean actors are reportedly using automated systems to launder $2.85 billion stolen from Binance across 12,000 wallets. This recovery rate contrasts with the 3 percent seized in the Bybit hack.

Part of a series: Binance hack: $6.3 billion breach and recovery

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HotBinance Hack

FBI probes Binance hack as crypto funds see mass outflows

The FBI has opened an investigation into a recent security breach at Binance. The incident coincided with significant withdrawals from crypto funds during a down month for the sector.

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HotBinance Hack

Binance hackers convert stolen Solana tokens into Bitcoin

Thieves linked to the $6.3 billion Binance breach are exchanging stolen Solana tokens for Bitcoin. Gate froze two accounts after US investigators asked platforms to block related transfers.

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HotBinance Hack

FBI attributes $6 billion Binance hack to North Korea

The FBI has attributed a $6 billion hack at Binance to North Korea. The exchange reported $3.64 billion in net outflows during the first nine hours after resuming withdrawals.

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HotBinance Hack

Binance sees $6 billion in outflows after theft

Binance recorded $6 billion in withdrawals following a 45-hour freeze caused by a $6.3 billion theft. The outflows represent less than 4 percent of the platform's total holdings.

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HotBinance Hack

Bitcoin ETFs see $643 million outflow after Binance hack

Spot bitcoin ETFs recorded $643 million in net outflows on Friday, the largest withdrawal since June 25. The move occurred on the first trading day following the Binance security incident.

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HotBinance Hack

Binance sees $5.8 billion in net outflows as withdrawals resume after hack

Binance reported $5.8 billion in net outflows after resuming withdrawals following a major security breach. The exchange noted that outflows have since slowed and represent a small share of its $171 billion in customer assets.

Fast headlines, summarized. Not verified and not advice. Check the full story before you act.