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Crypto Wallet Connected to Heist Has Collateral Liquidated

August 18, 2023
Binance
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Crypto Wallet Connected to Heist Has Collateral Liquidated

August 18, 2023
A cryptocurrency wallet connected to a heist of nearly $600 million worth of Binance Coin (BNB) in October reportedly had digital asset collateral totaling $63 million liquidated on crypto lending platform Venus Protocol. The hacker had pledged the stolen crypto as collateral for a $30 million loan of the USDT stablecoin, Bloomberg reported Friday (Aug. 18), citing evidence […]