Security· ★★★★· bearish·

Hackers Moved $297M in XRP From Binance in Four Minutes

  • —Five Binance wallets sent 233.4M XRP to one address on Oct. 29
  • —The transfers took four minutes, from 20:05 to 20:09 UTC
  • —The largest single transfer was 185M XRP worth $235.8M
  • —XRPScan labeled the receiving address as compromised
Why it matters: The trail confirms the scale of the breach and gives investigators a lead for freezing assets on the XRP Ledger.
Source: Cryptonews.net