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EU entity loses over $106 million in crypto theft days after Binance hack

EU entity loses over $106 million in crypto theft days after Binance hack
AI summary

An unidentified EU entity lost more than $106 million from centralized exchange accounts on Sunday, according to onchain investigator ZachXBT. The theft comes just days after a hack at Binance, raising fresh concerns about the security of centralized exchange custody. Traders may view the back-to-back incidents as a confidence hit for CEX-held funds and a tailwind for self-custody narratives.

Narrative history
4 linked stories · 5 outlets · since 2 Nov
  1. 1H AGO
    Cointelegraph · Score 55 · via $106M, $106M theft
  2. 1H AGO
    You’re reading this
    EU entity loses over $106 million in crypto theft days after Binance hack
    Decrypt · Score 72
  3. 5H AGO
  4. 9H AGO
    Crypto Briefing · Score 62 · via $106M, $106M theft
  5. 9H AGO
    The Defiant · Score 65 · via $106M, EU Entity
Most read · 72h