Stay SafeMultiple sources1h ago
Binance hacker swaps stolen Solana for Bitcoin using THORChain
The attacker behind the $6.3 billion exploit is moving funds through multiple blockchains to hide the trail of the largest heist in crypto history.
The attacker behind the $6.3 billion exploit is moving funds through multiple blockchains to hide the trail of the largest heist in crypto history.
The scheme will use validator and Seed Vault wallet fees to buy back tokens, and co‑founder Toly said protocols should stash cash for future buybacks.
Solflare co-founder Vidor said the team has restricted infrastructure access and paused new software releases after a wave of industry incidents.
The platform now offers tokenised shares of firms such as Salesforce and Disney on Solana, expanding its on‑chain equity catalogue.
On-chain data shows a single large holder transferred 1.49 million tokens to trading venues. Solana traded near $95.55 as the deposits took place.
Unauthorised portal access allowed a fake application requesting wallet seed phrases onto the spotlight page before engineers patched the vulnerability.
Chainalysis reported that attackers behind the $6.3bn Binance breach transferred funds after draining $500m from Tron wallets.
Exchanges closed out more than $600 million in long positions as Bitcoin, Ethereum, Solana and XRP broke key price levels in a rapid market pullback.
The integration allows businesses to connect bank funding and stablecoins through a single system, with cross-border firm Kira among the first to use the service.
Anatoly Yakovenko criticised US companies for resisting plans by OKX and the Intercontinental Exchange to bring equities onto the blockchain.
The new offering on the Solana lending protocol allows users to borrow USDC stablecoins using 1:1 redeemable tokenised stocks as collateral, letting them access liquidity without divesting their holdings.
Alphabet is already using the multi-party computation service to secure its own assets on Ethereum and Solana. The technology is expected to be commercially available in early 2027.
The new prediction markets cover Bitcoin, Ether, Solana, and XRP using pricing data from CF Benchmarks.
