On-chain analyst Ember said Binance appeared to suffer a major security incident early Thursday, with about $3.43 billion in assets stolen. The figure excludes roughly $2.43 billion in stablecoins that were frozen with help from stablecoin issuers, according to the update. Among the stolen assets, the single largest position was 18,270 BTC, valued at about $1.44 billion, and those coins have not moved so far. At the same time, the hacker is reportedly converting other altcoins into Ether. The address or addresses involved now hold about 467,000 ETH worth roughly $1.06 billion. The update was published by Odaily, citing Ember’s on-chain monitoring.
According to Odaily, on-chain analyst Ember said Binance appeared to suffer a large-scale security incident early Thursday, with about $3.43 billion in assets stolen. That figure excludes roughly $2.43 billion in stablecoins that were frozen with assistance from stablecoin issuers.
The largest single stolen asset was 18,270 BTC, valued at about $1.44 billion. Those bitcoins have not been moved so far.
At the same time, the hacker is swapping other altcoins into ETH. The holdings have reached about 467,000 ETH, worth roughly $1.06 billion.
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