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Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer

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hacker steals $27m in tether from wallet linked to binance deployer

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Автор: Crypto World Daily

Загружено: 2023-11-13

Просмотров: 12

Описание: The funds were then bridged to bitcoin on the THORChain bridge.

A hacker stole $27 million worth of tether (USDT) from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT.

The $27 million loot was converted to ether (ETH) before being sent to exchanges FixedFloat and ChangeNow. All funds were then bridged to bitcoin (BTC) via the THORChain bridge.

According to on-chain data, the victim's wallet had received ether via two separate wallets from the Binance deployer in 2019.

"The user made a withdrawal from Binance, which was valid and authorized on our platform. Unfortunately, the DeFi wallet that received the withdrawal was compromised. While this is outside of our scope of control, Binance's security team is looking into the matter and we will provide assistance where we can," a Binance spokesperson told CoinDesk.

A deployer wallet is a wallet used to create smart contracts. Binance's deployer wallet has been inactive since December, 2020.

THORChain has become an epicenter for hack-related activity over the course of the year – in June hackers that stole $35 million from Atomic Wallet used THORChain to conceal the ill-gotten gains, and last month THORSwap put its platform into maintenance mode after a series of FTX hack-related trades.

Exchanges are often the target of hackers. Last week Poloniex lost $114 million after a hack breached that exchange's hot wallets.

https://www.coindesk.com/business/202...

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
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Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer

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