BEARISH 65 U.Today 1H ago · 1 min read

Binance clears last $101 million in XRP from hacked wallet after historic exploit

AI summary

Binance has moved the last $101 million in XRP out of a wallet that was compromised in a historic exploit, securing the remaining funds. The exchange, the largest crypto venue by volume, is effectively emptying the hacked wallet after the breach. Traders will watch whether the incident damages confidence in exchange custody and whether XRP sees selling pressure or volatility around the disclosure.

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