More than $2 billion left Binance-connected wallets. Doubts indicate a historical hack

Entrusting our cryptocurrencies to an exchange platform means that someone will be able to protect them 24 hours a day. That’s a huge responsibility, especially when we’re talking about companies that protect billions of dollars worth of assets. Therefore, when they appear Great movement Questions arise from their portfolio and need to find answers within a short period of time.

This is precisely the situation that now surrounds Binance, the world’s largest cryptocurrency exchange platform According to data from October 29, an analysis of blockchain transactions identified the departure of various crypto assets worth more than $2 billion from wallets associated with the company. The movements raised suspicions of a possible attack, and the company publicly acknowledged that its teams were investigating reports of a security problem. At this point, it has not confirmed that it was a hack nor has it explained the source of this transfer.

in development.

Featured Image | Bastian Riccardi

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