🚨 FRENCH BANK HACKED! MORE THAN $100 MILLION ALLEGEDLY FLOWED INTO CRYPTO! 😱
We often hear about exchanges getting hacked. But this time, it was accounts belonging to a traditional bank that were targeted!
💥 Crédit Mutuel Arkéa confirmed a cyberattack involving unauthorized transfers from accounts belonging to the bank itself.
Traces tracked on-chain show:
🔹 Around $126 million in USDC left accounts at Kraken, Crypto.com, and OKX.
🔹 Some of the funds were converted into ETH.
🔹 Some funds also flowed into various wallets and through other exchange routes.
What makes this even more interesting? 👀
Stablecoins like USDT and USDC can be frozen by their issuers under certain circumstances. ETH, on the other hand, has no centralized freezing mechanism like that.
⚠️ IMPORTANT FACT: The bank put its initial losses at around €100 million and said customer funds were not affected. The figure of more than $133 million is ZachXBT’s estimate, not a final amount confirmed by the bank.
🔥 THE QUESTION IS: IN THE CRYPTO ERA, ARE TRADITIONAL BANKS REALLY SAFER THAN EXCHANGES?
What do you think—who should be more alert now?
#CryptoSecurity #CyberAttack #USDC #USDT #Ethereum #CryptoNews #BinanceSquare
$BZ
$TRUMP
$USDC
We often hear about exchanges getting hacked. But this time, it was accounts belonging to a traditional bank that were targeted!
💥 Crédit Mutuel Arkéa confirmed a cyberattack involving unauthorized transfers from accounts belonging to the bank itself.
Traces tracked on-chain show:
🔹 Around $126 million in USDC left accounts at Kraken, Crypto.com, and OKX.
🔹 Some of the funds were converted into ETH.
🔹 Some funds also flowed into various wallets and through other exchange routes.
What makes this even more interesting? 👀
Stablecoins like USDT and USDC can be frozen by their issuers under certain circumstances. ETH, on the other hand, has no centralized freezing mechanism like that.
⚠️ IMPORTANT FACT: The bank put its initial losses at around €100 million and said customer funds were not affected. The figure of more than $133 million is ZachXBT’s estimate, not a final amount confirmed by the bank.
🔥 THE QUESTION IS: IN THE CRYPTO ERA, ARE TRADITIONAL BANKS REALLY SAFER THAN EXCHANGES?
What do you think—who should be more alert now?
#CryptoSecurity #CyberAttack #USDC #USDT #Ethereum #CryptoNews #BinanceSquare
$BZ
$TRUMP
$USDC
