TechBloomberg32m ago

Elliptic: hackers behind the $6.3B Binance heist created at least six

Elliptic: hackers behind the $6.3B Binance heist created at least six memecoins on the NEAR blockchain network to launder about $430,000 of stolen funds

TL;DRBinance hackers laundered $430K through memecoins on NEAR blockchain.

Why it matters: Shows criminals exploit smaller blockchains to hide stolen funds, revealing gaps in crypto security monitoring and exchange vulnerabilities.

The hackers who stole $6.3 billion from Binance Holdings Ltd. in crypto's biggest ever heist have turned to one of the sector's …

Read full article

Source: Bloomberg · Opens in new tab