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Hackers behind the estimated $6.3 billion Binance breach still control billions in stolen cryptocurrency after racing to convert freezeable stablecoins into Bitcoin and Ether.
Bitcoin
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Michael Saylor said Strategy could create up to $30 billion in digital credit to fund more Bitcoin purchases without a new common-stock raise or further Bitcoin price appreciation.- Published on
The company said more than $2.5 billion in assets had been frozen, and a suspected hack triggered sharp declines in prices of various digital tokens.- Published on
Wallets tied to the suspected Binance exploit are converting stablecoins into Ethereum through decentralized exchanges, Etherscan records show.- Published on
Cybersecurity researchers have linked the $6.3 billion Binance hack to North Korea’s TraderTraitor group.