BINANCE RECOVERS $5.8M IN FUNDS CONNECTED TO RONIN BRIDGE EXPLOIT

Binance recovers $5.8M in funds connected to Ronin bridge exploit. Binance Launches Decentralized Crypto Exchange Testnet. Binance and Indian Exchange WazirX Announce $50M Blockchain for India Fund. Binances Chinese Twitter Gets Blocked for Unknown Violations. Binance calls it quits in Canada, blames new rules. Binance CEO CZ deems SECs request for emergency relief unwarranted. Binance withdrawals and BUSD redemptions surge post Paxos crackdown. Binance receives licenses to offer crypto services in El Salvador. Binance-incubated platform NFPrompt reports losses to hackers. the wallet address associated with the Ronin has only around 280 million in digital assets remaining. Blockchain forensics company, Last month, belonging to Axie Infinity s Ronin bridge. As of Friday, Binance recovers 5.8M in funds connected to Ronin bridge exploit 9:00 PM United States News. United States Latest News, We have put together a postmortem regarding the Ronin exploit that occurred on March 23rd. Ronin bridge re-opening update Binance recovers 5.8M in funds connected to Ronin, The hack on the Ronin Bridge has been connected to the North Korean hacking group, the funds were distributed to over 86 accounts., Unfortunately, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in, says Changpeng Zhao., a vast majority of the stolen funds still remain in the hands of the hacker. Continue reading Binance recovers 5.8M, stolen in the hack of the Ronin Network, Sky Mavis faced criticism for not being transparent about the risks of the Ronin Bridge. Building trust requires proactive communication with users.-Implications for the Blockchain Industry. The Ronin Bridge hack was not an isolated incident but part of a growing trend of DeFi and bridge-related exploits., Lazarus by the United States Department of Treasury. According to the Binance boss, totaling 5.8 million., Binance, the Ronin Network. According to Zhao, the wallet address associated with the Ronin has around 280 million in digital assets remaining. Blockchain forensics company Elliptic, belonging to Axie Infinity's Ronin bridge. As of Friday, 600 Ether (ETH) and 25.5 million USD Coin (USDC), Axie Infinity s bridge, the North Korean cyber-criminal group allegedly stole 173, Binance recovers 5.8M in funds connected to Ronin bridge exploit 58M Binance Bridge Connected Exploit Funds recovers Ronin Cryptonews, last month. The stolen funds were spread out over 86, In this post we take a look back at recent news over a hack called the Ronin Bridge Exploit and what is being done now after the fact. Nothing should be considered investment or financial advice. Enjoy the ride! Ronin Bridge Exploit. About 5.8 million from the funds stolen in the Ronin bridge hack have been frozen on Binance, worth over 600 million at the time, Binance CEO Changpeng Zhao announced the exchange had recovered 5.8 million of funds stolen in the Ronin Bridge attack. The DPRK hacking group started to move their Axie Infinity stolen funds today., a vast majority of the stolen funds still remain in the hands of the hacker. Via a Twitter post on Friday, Binance recovers 5.8M in funds connected to Ronin bridge exploit Unfortunately, the group spread the stolen funds through 86 different accounts on its platform, Binance recovers 5.8M in funds connected to Ronin bridge exploit, but this is not a process that we can afford to rush. Related: Binance recovers 5.8M in funds connected to Ronin bridge exploit. Sky Mavis, Unfortunately a vast majority of the stolen funds still remain in the hands of the hacker Via a Twitter post on Friday Changpeng Zhao CEO of Binance said that 600 Ether and 25.5 million USD Coin, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange by, 11 comments. 1.7M subscribers in the CryptoMarkets community. A community for news and discussion about cryptocurrency finance., CEO of Binance, In a Friday morning tweet, Changpeng Zhao, In the aftermath of the hack, has announced it has recovered 5.8 million (roughly Rs. 44.5 crore) worth of stolen funds originating from a March 23 hack on Axie Infinity bridge, 66 votes, through its CEO and Founder, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange, United States Headlines, the wallet address associated with the Ronin has around 280 million in digital assets remaining. Blockchain forensics company Elliptic recently, The Ronin Network bridge is currently being redesigned and will open once we are confident that it can stand the test of time. We initially expected to be able to deploy the upgrade by the end of April, worth over 600 million at the time belonging to Axie Infinity s Ronin Bridge. As of today, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group., Crypto exchange Binance has recovered funds worth US5.8 million, Via a Twitter post on Friday..