Company Update
Binance faces $2 billion outflow amid potential hack
More than $2 billion in ETH and tokens were moved from Binance hot wallets to a newly created address linked to Tornado Cash, according to Etherscan data. Binance has not confirmed if customer deposits are at risk. The amount exceeds the $387 million Bitget hack, and while the exchange could be reallocating reserves, the transfer pattern resembles hacker activity.