Binance Hack: Hacker Stole $5.8 Billion, but Funds Frozen

On-chain analysts report a massive attack on the Binance exchange, in which the attacker stole assets worth approximately $5.8 billion. However, a significant portion of the stolen funds was blocked promptly.

Specialists were able to freeze over $2.35 billion, significantly reducing the final damage for affected users and the platform itself.

During the incident, the hacker began mass selling altcoins on the market to quickly convert assets into liquidity.

• PEPE
• LINK
• UNI
• ENA

The source of information was Lookonchain analysts tracking fund movements on the blockchain.