A new development has emerged regarding the suspected hack of the cryptocurrency exchange Binance, based on on-chain data. The hack, which allegedly involves 60 different tokens on the Ethere
A new development has emerged regarding the suspected hack of the cryptocurrency exchange Binance, based on on-chain data.
The hack, which allegedly involves 60 different tokens on the Ethereum network, is thought to have affected assets worth $2.53 billion.
While Binance has yet to comment, stablecoin companies Tether and Circle have reportedly frozen $971 million worth of USDT and $823 million worth of USDC respectively. This seems like good news for now, given the potential hack.
On the other hand, it has been reported that the Starknet Foundation has also frozen 428 STRK tokens.
*This is not investment advice.
Continue Reading: BREAKING: New Developments in the Binance Hack – Billions of Dollars at Stake
