Binance recovers $73M in stolen funds, surpassing 2023 security efforts

Binances proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024.

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Cybercrime on the Rise: 2024 Mid-Year Crypto Crime Report Highlights

Chainalysis reports a 20% drop in overall crypto crime in 2024, but stolen funds and ransomware incidents are surging. (Read More)

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WazirX hacker consolidates $57M ETH into new wallets

The hacker behind the $230 million WazirX hack has moved another $57 million of the stolen funds as the exchange doubles down on its bug bounty efforts.

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Euler Finance Hacker Returns Majority of Stolen Funds

The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, including 51,000 ETH and 7,737 ETH, worth a total of over $101 million at the time of writing. The hacker still controls some of the stolen assets, and the hack is considered the largest DeFi hack of 2023. (Read More)

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Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies

Euler Finance, an Ethereum-based noncustodial lending protocol, suffered a flash loan attack on March 13, resulting in the loss of millions in Dai, USD Coin, staked Ether, and wrapped Bitcoin. The attacker stole nearly $196 million in multiple transactions, making it the largest hack of 2023. On-chain data indicates that the attack is related to a deflation attack that occurred one month ago, and the attacker used a multichain bridge to transfer funds from the Binance Smart Chain to Ethereum. (Read More)

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Binance to Withdraw From Canadian Market Due to Regulatory Climate

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance Bows Out of Canada Due to Regulatory Guidance The cryptocurrency exchange Binance has decided to withdraw

The post Binance to Withdraw From Canadian Market Due to Regulatory Climate appeared first on BTC Ethereum Crypto Currency Blog.

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Blockchain security firm freezes $160K stolen in Merlin DEX ‘rug pull’

CertiK has contacted law enforcement in the United States and the United Kingdom to find the pseudonymous operators.

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