Binance says it has set aside $6.34 billion to cover losses from the breach and the FBI and Secret Service are now working with the exchange as investigators trace the stolen funds.
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The onchain investigator says the theft is being "covered up," and that a lack of disclosure let more than $30 million be laundered.
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.
The onchain investigator says the attack ran for several days and the true loss may be larger once over-the-counter trades are counted; the bank has not commented publicly. The post...
A Nova Scotia judge found prosecutors failed to link William Sandeson's Bitcoin to the 2015 murder of fellow student Taylor Samson.
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps.
ZachXBT said he has a 'high degree of confidence' that the attacker is not associated with North Korea's Lazarus Group.
