CryptoDecryptabout 2 hours ago
Binance Hack Costs $6.4B and Triggers FBI Probe
5 min read
Attackers drained roughly $6.4 billion from Binance hot wallets across about 10 blockchains in under 20 minutes. Bitcoin ETFs lost $643.3 million on Friday, flipping October to a net loss of $515.9 million. The FBI and Secret Service opened probes into the breach, while Binance CEO Richard Teng stated the company covers every dollar from corporate funds.
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