- Amount Lost: $41,700,000.00
- Funds Returned: $0.00
- Category: CeFi
- Date: 2019-5-7
Quick Summary
Binance's hot wallet was hacked, leading to a loss of 7,074 bitcoins (BTC) worth nearly $42.8 million.
Details of the Exploit
The breach resulted in about 7,074 bitcoins (BTC) — worth nearly $42.8 million — being stolen from the exchange’s hot wallet. The transaction had 44 outputs, 21 of which were native Segregated Witness addresses, and those addresses received 99.97% of the funds. The funds from those 44 addresses have since been moved to seven addresses, six of which hold 1,060.6 BTC, while one holds 707.1 BTC.
Block Data Reference
The transaction behind the attack:
https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea
Further movements of the stolen funds:
https://twitter.com/Coinfirm_io/status/1126116760732749824
Proof Links: