🚨 Binance Hack: Billions Still on the Move!
The scale of this incident is quite concerning.
According to Elliptic, around $3.1 billion in stolen crypto assets remain at addresses linked to the October 29 Binance hack, while approximately $2.85 billion has reportedly been frozen or seized, mainly through stablecoin restrictions.
What concerns me most is that the remaining funds could take months to move through laundering channels.
This situation raises some serious questions about crypto security, fund tracking, and investor protection.
In my opinion, this incident is another reminder that security and transparency are just as important as profits in the crypto industry.
What's your take? Can the crypto industry do more to prevent these kinds of attacks? 👇
#Binance #BNB #CryptoSecurity #HackerAlert #CryptoNews #Blockchain
The scale of this incident is quite concerning.
According to Elliptic, around $3.1 billion in stolen crypto assets remain at addresses linked to the October 29 Binance hack, while approximately $2.85 billion has reportedly been frozen or seized, mainly through stablecoin restrictions.
What concerns me most is that the remaining funds could take months to move through laundering channels.
This situation raises some serious questions about crypto security, fund tracking, and investor protection.
In my opinion, this incident is another reminder that security and transparency are just as important as profits in the crypto industry.
What's your take? Can the crypto industry do more to prevent these kinds of attacks? 👇
#Binance #BNB #CryptoSecurity #HackerAlert #CryptoNews #Blockchain
