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🟥 Binance founder stated, @CZ 🤓 that the losses resulting from the attack may be slightly higher than expected, but he confirmed that the platform will bear these losses and compensate for them. #CZ #BTC #BinanceSquare #Binance
YiHE: Latest update from We are aware of reports about a potential security issue and are currently investigating the matter. Our security teams are urgently reviewing all relevant information, and we will share updates through official Binance channels as soon as the information is verified. We urge users to be wary of scams and not to trust any unofficial links or messages, or any requests for account information. User funds are safe (SAFU). #YiHe #BinanceSquare $BTC #BTC
🔔 Breaking: zkLink Nova bridge hacked, with nearly $800,000 drained
🔹 An attacker manipulated the zkLink Nova bridge on the Ethereum network by submitting a forged batch root.
❌ The exploit enabled unauthorized withdrawals without burning the corresponding tokens on Layer 2.
🏦 The vulnerability resulted in the theft of ETH, stablecoins, and staking tokens from the bridge’s reserves.
🔴 Preliminary estimates put total losses between $786K and $805K.
⬅️ Market impact: The hack negatively affects confidence in the security of the zkLink Nova bridge and Layer 2 applications. However, the amount of funds lost (approximately $800K) is relatively small and is unlikely to put significant downward pressure on the price of ETH.
🟥🟥 Tether 🪙 freezes $971 million worth of USDT amid a hack suspected of targeting Binance, as the platform continues to provide no official updates so far.
🟥 The EIP-7702 delegation mechanism could expose Ethereum wallets to asset-draining attacks, following the detection of outgoing transfers from wallets reportedly affiliated with Binance.
↔️ The cause of the incident remains unconfirmed, and the use of EIP-7702 does not mean all wallets are automatically at risk.
$BTC ↔️ Binance is seeing unexplained outgoing transfers to new addresses funded through Tornado Cash, according to blockchain data.
↔️ Binance’s hot wallet appears to be suffering an asset drain worth around $2.53 billion, involving more than 60 tokens on the Ethereum network. #BinanceSqauree