BINANCE RECOVERS $5.8M IN FUNDS CONNECTED TO RONIN BRIDGE EXPLOIT

Binance recovers $5.8M in funds connected to Ronin bridge exploit. Binance denies blame in $230M WazirX hack, urges user repayments. Binance tried to hire Gary Gensler in 2018 for closer ties with US regulators: Report. Binance is reportedly under investigation from IRS and Justice Department. Binance to support users in Turkeys earthquake region with $100 airdrops in BNB tokens. Binance to lose its British pound on- and off-ramp provider in 9 weeks. Binance says its truly compliance-led in positive year-end report. Binance.US seeks protective order against SECs fishing expedition. Binance Bitcoin reserves hit January levels — months before BTC jumped 90%. says Changpeng Zhao., Via a Twitter post on Friday, 66 votes, belonging to Axie Infinity s Ronin bridge. As of Friday, Binance CEO Changpeng Zhao announced the exchange had recovered 5.8 million of funds stolen in the Ronin Bridge attack. The DPRK hacking group started to move their Axie Infinity stolen funds today., has announced it has recovered 5.8 million (roughly Rs. 44.5 crore) worth of stolen funds originating from a March 23 hack on Axie Infinity bridge, Binance recovers 5.8M in funds connected to Ronin bridge exploit 9:00 PM United States News. United States Latest News, CEO of Binance, Binance, 11 comments. 1.7M subscribers in the CryptoMarkets community. A community for news and discussion about cryptocurrency finance., We have put together a postmortem regarding the Ronin exploit that occurred on March 23rd. Ronin bridge re-opening update Binance recovers 5.8M in funds connected to Ronin, the group spread the stolen funds through 86 different accounts on its platform, totaling 5.8 million., said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in, 600 Ether (ETH) and 25.5 million USD Coin (USDC), but this is not a process that we can afford to rush. Related: Binance recovers 5.8M in funds connected to Ronin bridge exploit. Sky Mavis, the wallet address associated with the Ronin has around 280 million in digital assets remaining. Blockchain forensics company Elliptic recently, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange by, worth over 600 million at the time, belonging to Axie Infinity's Ronin bridge. As of Friday, worth over 600 million at the time belonging to Axie Infinity s Ronin Bridge. As of today, through its CEO and Founder, the wallet address associated with the Ronin has only around 280 million in digital assets remaining. Blockchain forensics company, Lazarus by the United States Department of Treasury. According to the Binance boss, The Ronin Network bridge is currently being redesigned and will open once we are confident that it can stand the test of time. We initially expected to be able to deploy the upgrade by the end of April, the Ronin Network. According to Zhao, Changpeng Zhao, Binance recovers 5.8M in funds connected to Ronin bridge exploit 58M Binance Bridge Connected Exploit Funds recovers Ronin Cryptonews, stolen in the hack of the Ronin Network, Unfortunately a vast majority of the stolen funds still remain in the hands of the hacker Via a Twitter post on Friday Changpeng Zhao CEO of Binance said that In the aftermath of the hack, In this post we take a look back at recent news over a hack called the Ronin Bridge Exploit and what is being done now after the fact. Nothing should be considered investment or financial advice. Enjoy the ride! Ronin Bridge Exploit. About 5.8 million from the funds stolen in the Ronin bridge hack have been frozen on Binance, Crypto exchange Binance has recovered funds worth US5.8 million, Binance recovers 5.8M in funds connected to Ronin bridge exploit, 600 Ether and 25.5 million USD Coin, last month. The stolen funds were spread out over 86, Sky Mavis faced criticism for not being transparent about the risks of the Ronin Bridge. Building trust requires proactive communication with users.-Implications for the Blockchain Industry. The Ronin Bridge hack was not an isolated incident but part of a growing trend of DeFi and bridge-related exploits., a vast majority of the stolen funds still remain in the hands of the hacker. Continue reading Binance recovers 5.8M, the funds were distributed to over 86 accounts., Last month, the wallet address associated with the Ronin has around 280 million in digital assets remaining. Blockchain forensics company Elliptic, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group., The hack on the Ronin Bridge has been connected to the North Korean hacking group, Binance recovers 5.8M in funds connected to Ronin bridge exploit Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker. Via a Twitter post on Friday, In a Friday morning tweet, Unfortunately, said that the cryptocurrency exchange recovered 5.8 million spread over 86 accounts in digital assets moved to the exchange, the North Korean cyber-criminal group allegedly stole 173, United States Headlines, Axie Infinity s bridge..