Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Investigation Links Binance Hack to Previous Bitget Exploit

Picture: Coinfomania

Binance news reveals a North Korean address linked to both Binance and Bitget exploits. This suggests ongoing security vulnerabilities in crypto exchanges. A recent investigation led by @zachxbt suggests a troubling link between the $6.3 billion exploit at Binance and the $388 million hack at Bitget. Both incidents point to a shared address used by the North Korea-linked TraderTraitor group, raising alarms over security in the crypto industry. The implications for user confidence and exchange security protocols are significant, as these findings may prompt exchanges to bolster their defenses against similar attacks.

You are reading an excerpt. Coinfomania wrote and owns the full article.

Continue reading at coinfomania.com

Related stories

Elliptic Confirms $6.43B Stolen in Binance Hack

Elliptic reveals $6.43B stolen from Binance, the largest theft ever. Here's why this matters for the crypto market. The crypto market is currently experiencing a wave of uncertainty…

Coinfomania

More crypto news

All Crypto & Bitcoin