Crime
Hackers wipe over $600m off crypto platforms
Hackers have wiped off crypto worth $610m across three chain this week.
The platforms include Binance Chain, Ethereum, and the Polygon network, according to Coin Telegraph on Tuesday.
The hackers flipped about $273m from ETH, $85m in USD Coin from the Polygon network, and $253m from Binance Smart Chain.
The Poly Network, a cross chain protocol in charge, said it would pursue legal actions against the hackers, and get back the stolen funds.
It also asked miners on the affected chains, and crypto exchanges to blacklist tokens coming from the affected addresses.
The crypto space has since responded since news of the hack broke out. OKEx Chief Executive Officer, Jay Hao, said his exchange’s team was watching the flow of coins and would try to manage the situation.
Tether Chief Technology Officer, Paolo Ardoino, said the project had frozen $33m in Tether from one of the affected addresses.
Binance Chief Executive Officer, Changpeng Zhao, said Binance was coordinating with security partners to help with the hack.
-
Latest6 days agoFull List: Meet the 2026 Nobel Prize winners across six categories
-
Football6 days agoPremier League Matchweek 7: Five Fixtures That Could Shape the Weekend
-
Business4 days agoDangote Refinery IPO: 70% Subscription claim meets fourfold demand assertion as investors seek clarity
-
Latest5 days agoUmahi defends Lagos-Calabar highway route changes amid public outcry
-
Latest3 days agoUCTH faces morgue crisis as 50 unclaimed corpses await mass burial
-
Business5 days ago
Dangote Refinery IPO Extension: Was the 70% subscription report overhyped?
-
Featured5 days agoEl-Rufai, ADC governorship candidate’s court appearance puts Kaduna opposition politics in focus
-
Business3 days agoBREAKING: Nigeria’s Inflation Rate Drops to 14.63% in September