Binance Hack: $2 Billion Drained, Circle and Tether Freeze, Crypto Markets React
Binance has confirmed a major security incident, with more than $2 billion drained across wallets. Circle and Tether have reacted quickly to freeze the majority of the funds. The concern centers on an Ethereum address that appeared to hold more than $2.3 billion in tokens. Etherscan screenshots reviewed by BeInCrypto show it received 28,005.6 ETH The post Binance Hack: $2 Billion Drained, Circle and Tether Freeze, Crypto Markets React appeared first on BeInCrypto.
Key Takeaways
- Binance has confirmed a major security incident, with more than $2 billion drained across wallets.
- Circle and Tether have reacted quickly to freeze the majority of the funds.
- The concern centers on an Ethereum address that appeared to hold more than $2.3 billion in tokens.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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