Wallets tied to suspected Binance breach hold about $5.84 billion

Briefing by News4U · First published

Arkham Intelligence identified wallets linked to the suspected Binance breach holding approximately $5.84 billion in digital assets, Cointelegraph reported. The figure represents reported wallet holdings rather than a confirmed estimate of stolen funds. Tether and Circle have frozen more than $2.36 billion in stablecoins linked to the suspected incident, according to the report. Binance is still investigating the potential security issue. The new figures expand the reported scale of the incident while the amount actually stolen remains unconfirmed. [1]

Sources

  1. Binance hit by $5.8B hack as Tether and Circle freeze billions

    Cointelegraph · · Full text

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