Binance hack began with a $296 million XRP drain after 36-hour preparation

Binance attacker spent 36 hours preparing $6.36B hack

A blockchain intelligence firm found that the attacker behind the $6.36 billion Binance hack spent at least 36 hours preparing the operation before executing coordinated transfers across 10 blockchains. Read the original on Binance attacker prepared $6.36 billion hack for 36 hours. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Here’s What Caused Recent XRP’s Massive Price Crash

Binance just suffered a major security breach that moved an estimated $6.3 billion in assets according to Reuters. This amount makes it the biggest crypto heist in history. The news triggered immediate selling across crypto markets. Traders reduced exposure as details of the unauthorized transfers spread. XRP now sits at $1.25. The token fell 3.2% […]

Binance hack began with a $296 million XRP drain after 36-hour preparation

The Binance attacker spent at least 36 hours preparing for the $6.36 billion crypto exchange hack that began with $296 million in XRP. According to an Oct. 29 investigation by TRM Labs, the attacker began preparing the operation on Oct. 28 before executing coordinated transfers across 10 blockchains the following evening. The blockchain intelligence firm… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to wat…