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What to Know About the $6.3 Billion Binance Hack

By Patrick Green

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AI summary of the source article

Binance was hit by a record hack involving over $6.3 billion in affected assets moving on-chain. While approximately $3 billion was frozen via stablecoin operators, $3.3 billion remains unrecovered.

Key facts

  • More than $6.3 billion in affected assets moved on-chain in a record hack on Binance.
  • Around $3 billion of the assets was frozen through stablecoin operators.
  • Approximately $3.3 billion of the hacked assets has not been recovered.

Source excerpt · Bitcoin Magazine

▶ Bitcoin Magazine What to Know About the $6.3 Billion Binance Hack Binance suffers a record $6.3B hack with $3.3B unrecovered. BMTV breaks down what happened, Binance's response, and why every day is now zero day for crypto. This post What to Know About the $6.3 Billion Binance Hack first appeared on Bitcoin Magazine and is written by Patrick Green .