A major crypto exchange has reported a $351.6 million security breach. Stablecoins linked to the stolen funds have been frozen, while Binance’s security team is supporting recovery efforts and monitoring related on-chain activity.
The incident highlights the importance of strong custody practices, wallet-security controls, and rapid coordination among exchanges and stablecoin issuers.
BTC is currently around $83,896.00, down about 0.31% from its 24-hour open. Its 24-hour high is $85,255.00 and low is $83,183.00.
$BTC
#CircleMints500MUSDCOnSolana #PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #BitwiseFilesToListNEARETFOnNYSEArca #SECCommissionerPeirceToLeaveOct2
The incident highlights the importance of strong custody practices, wallet-security controls, and rapid coordination among exchanges and stablecoin issuers.
BTC is currently around $83,896.00, down about 0.31% from its 24-hour open. Its 24-hour high is $85,255.00 and low is $83,183.00.
$BTC
#CircleMints500MUSDCOnSolana #PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #BitwiseFilesToListNEARETFOnNYSEArca #SECCommissionerPeirceToLeaveOct2
