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Binance Hit by Suspected $2.5 Billion Wallet Drain — What We Know, and What Is Still Unconfirmed
On October 29, crypto markets were hit by a fast-moving scare centred on Binance, the world's largest crypto exchange. On-chain trackers flagged roughly $2.5 billion moving out of Binance-labelled wallets, and prices fell sharply within hours. This article separates what has been observed from what remains unconfirmed. The key caveat, repeated throughout, is that the hack is SUSPECTED and...
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