Security· ★★★★★· bearish·

Binance hacker moves billions through DEXs in cash-out attempt

  • —Over $819.9 million swapped on Uniswap in 1,600+ transactions
  • —$444.9 million processed on the Sun platform in 32 trades
  • —Some assets frozen via address blacklisting and Tether actions
  • —Chainalysis estimates the breach loss at $5.9 billion
Why it matters: Heavy DEX selling of stolen tokens could amplify market volatility and pressure altcoin prices.
Source: Blockmedia