Approximately $3.6 billion in cryptocurrencies were stolen during the Binance hack, with Elliptic estimating that $2.84 billion, mainly USDC and USDT, had been frozen. The FBI attributed the attack to TraderTraitor hackers linked to North Korea’s Lazarus Group and asked digital-asset service providers to block the addresses involved. The attackers swapped $95.9 million in stolen SOL for Bitcoin through Relay and borrowed $44.6 million in ETH on Aave to convert the proceeds quickly. THORChain paused nine chains following the hack, but co-founder JP Thor urged node operators to preserve the protocol’s decentralized and permissionless principles. Separately, Trezor warned customers about its Safe 5 hardware wallet, crypto-related losses and the market decline weighed on Bitcoin, Ethereum and XRP, and Chainalysis reported an incident that exposed some non-sensitive personal data.
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