After Binance another major crypto platform hacked

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https://cryptoast.fr/apres-binance-autre-plateforme-crypto-majeure-piratee/

After the shock of the hacking of the largest cryptocurrency exchange platform in the world, Binance, whose damage estimated at $6.3 billion has already established itself as an unprecedented record, the ecosystem is trying to pull itself together and not give in to panic, despite withdrawals estimated at $6.5 billion just 24 hours after its official reopening.

An already complicated scenario, to which has just been added a targeted attack carried out against the largest crypto platform in Brazil, Mercado Bitcoin, this Monday, November 2, even if it must be admitted that the stolen amount estimated at 40 million dollars remains derisory compared to Binance, without however having been officially confirmed.

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We quickly identified and contained a security incident that occurred on one of our systems last night. We would like to point out that no harm was caused to customers and no data leaks occurred. As a preventive protection measure, deposits and withdrawals are temporarily suspended. Our teams are mobilized to investigate, trace assets and coordinate measures with the competent authorities.

According to data highlighted by the cybersecurity company specializing in Web3 and cryptocurrencies Hypernative, the stolen funds involve suspicious transfers on at least 10 separate blockchains, including Bitcoin, Ethereum, Solana and Tron.

At the time of writing, there is no information on the method used by the hackers or even whether this once again involves North Korean hackers, as seems very likely in the case of Binance.

A situation which highlights the possible fragility of crypto platforms in the face of attacks of which they are victims, to the point of questioning certain observers about their more critical vulnerability to banks and other traditional financial institutions, also victims of hacking.

According to a report from the International Monetary Fund (IMF) published in 2024, banks represent the preferred targets of cyberattacks in the traditional financial sector. Indeed, with financial companies, they account for nearly 20% of reported incidents, with total damage estimated at nearly $12 billion declared between 2004 and 2023.

🗞️ Binance records $6.5 billion in withdrawals following hack

Machine-translated from French