List of Flash News about Binance security
Time | Details |
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2025-05-02 17:29 |
Over $7 Million in Stolen Crypto Frozen: Binance Security and CFInvestigators Lead Rapid Response – May 2025 Update
According to ZachXBT, over $7 million in stolen cryptocurrency assets have been successfully frozen with the collaboration of CFInvestigators, tanuki42_, and the Binance Security team (source: ZachXBT on Twitter, May 2, 2025). This rapid freeze significantly limits the ability of malicious actors to liquidate stolen funds, improving overall market security and reinforcing trust in centralized exchanges' security protocols. Traders should note that such swift action can reduce the risk of large-scale sell-offs and price volatility following high-profile thefts, as highlighted by this incident. |
2025-05-01 06:31 |
Binance Recovers $6.1M After KiloEx Exploit: 90% of Stolen Crypto Assets Retrieved
According to Richard Teng on Twitter, Binance successfully traced, blocked, and largely recovered $6.1 million following the KiloEx exploit, with 90% of stolen assets returned due to close cooperation between the crypto ecosystem and law enforcement (source: @RichardTeng, Binance Blog, May 1, 2025). This rapid recovery demonstrates strong incident response and collaborative asset protection, which may enhance trader confidence and liquidity on Binance and KiloEx platforms. Traders should monitor official Binance announcements for further security updates and any changes to withdrawal or deposit protocols as a result of this exploit. |