BINANCE RECOVERS $5.8M IN FUNDS CONNECTED TO RONIN BRIDGE EXPLOIT
Binance recovers $5.8M in funds connected to Ronin bridge exploit. Binance.US Now Provides Institutional Liquidity to Crypto Brokerage Firm Tagomi. Binance closes BTC withdrawals amid congestion on the Bitcoin network. Binance fires back at Reuters money laundering allegations. Binance to Delist Bitcoin SV as It No Longer Meets the Exchanges Standards. Binance Makes First Chinese Investment Since Leaving Country in 2017. Binance to Remove In-App Audio Recording Feature in Next Update. Binance Tax launched to prepare crypto users for the tax season. Binance Confirms Crypto Debit Cards Shipping to Europe. 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, Binance, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group., 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., Last month, Lazarus by the United States Department of Treasury. According to the Binance boss, belonging to Axie Infinity s Ronin bridge. As of Friday, Binance recovers 5.8M in funds connected to Ronin bridge exploit, 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., the funds were distributed to over 86 accounts., 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 the North Korean cyber-criminal group allegedly stole 173, Crypto exchange Binance has recovered funds worth US5.8 million, 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, totaling 5.8 million., In a Friday morning tweet, worth over 600 million at the time belonging to Axie Infinity s Ronin Bridge. As of today, Binance recovers 5.8M in funds connected to Ronin bridge exploit 58M Binance Bridge Connected Exploit Funds recovers Ronin Cryptonews, a vast majority of the stolen funds still remain in the hands of the hacker. Continue reading Binance recovers 5.8M, the Ronin Network. According to Zhao, the wallet address associated with the Ronin has only around 280 million in digital assets remaining. Blockchain forensics company, Via a Twitter post on Friday, the group spread the stolen funds through 86 different accounts on its platform, a vast majority of the stolen funds still remain in the hands of the hacker. Via a Twitter post on Friday, In the aftermath of the hack, 11 comments. 1.7M subscribers in the CryptoMarkets community. A community for news and discussion about cryptocurrency finance., 600 Ether and 25.5 million USD Coin, Binance recovers 5.8M in funds connected to Ronin bridge exploit Unfortunately, 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, the wallet address associated with the Ronin has around 280 million in digital assets remaining. Blockchain forensics company Elliptic, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange by, the wallet address associated with the Ronin has around 280 million in digital assets remaining. Blockchain forensics company Elliptic recently, Binance recovers 5.8M in funds connected to Ronin bridge exploit 9:00 PM United States News. United States Latest News, Changpeng Zhao, through its CEO and Founder, belonging to Axie Infinity's Ronin bridge. As of Friday, stolen in the hack of the Ronin Network, worth over 600 million at the time, The hack on the Ronin Bridge has been connected to the North Korean hacking group, 66 votes, 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, 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, United States Headlines, CEO of Binance, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in, says Changpeng Zhao., Axie Infinity s bridge, Unfortunately, 600 Ether (ETH) and 25.5 million USD Coin (USDC)..