PeckShield: a wallet tied to the ~$600M Binance Coin hack in October 2022 had $63M liquidated on lending platform Venus Protocol, after using BNB as collateral
Cryptocurrencies' sudden tumble this week flushed out legions of speculators — and also, judging from blockchain data, the perpetrator of a giant hack.
A breakdown of Binance's known assets, using data from Nansen and others, estimates the exchange has around $50B, including ~$10B in BNB, down 24% from November
The outflow of cash from Binance is worse than the CEO Changpeng Zhao indicated last month, and it's become considerably more severe since then, a Forbes analysis shows.
Binance's BNB token dropped 9% over the past month, even as bitcoin remains steady, after record outflows; BNB has jumped over 1,600% in the past three years
Joanna Ossinger / Bloomberg :
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Then It Got Complicated The Guardian : World's largest crypto exchange hacked with possible losses of $500m Ephrat Livni / New York Times : Binance Blockchain Hit by $570 Million Hack, Exposing Crypto...
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …
Binance conducted its first Binance Coin (BNB) auto-burn last quarter, removing over 1.6M BNB tokens worth $750M from circulation
Cryptocurrency exchange Binance implemented its first-ever binance token (BNB) auto-burn program last quarter, removing over 1.6 million BNB tokens worth $750 million from circulation. Source: Binance...
Binance launches a crypto lending business, allowing holders of its BNB token, Ethereum Classic, and Tether to lend their assets and earn interest
Yogita Khatri / The Block :
Binance launches a crypto lending business, allowing holders of its BNB token, Ethereum Classic, and USDT stablecoin to lend their assets and earn interest
The world's largest cryptocurrency exchange Binance has ventured into lending space, according to an announcement Monday.
Binance says it has launched its Binance Chain blockchain and will activate its BNB cryptocurrency on it on April 23; BNB runs on Ethereum now
Yogita Khatri / CoinDesk :
A look at BNB, a coin from Binance, the world's largest digital-asset exchange by trading volume, which has more than tripled in value in the last three months
Olga Kharif / Bloomberg :