Hacking News
Binance Hacker Uses Decentralized Exchanges for Funds Exit
The attacker behind the Binance hack is using decentralized exchanges such as Uniswap and Aave as exits, swapping freezable stablecoins for Ethereum. Wallets linked to Binance were drained of at least $5.5 billion, with the total tally still climbing. Stablecoin issuers Tether and Circle have blacklisted the attacker's addresses to freeze a portion of the funds, making them inaccessible. The attacker has received 20,940 ETH ($45.58 million) and 3,552 ETH (over $8 million) from Uniswap's UniswapX contract, and about 16,498 ETH ($37.5 million) from other Uniswap contracts. Aave also offered a second exit by lending 3,271 ETH ($7.43 million) and 16,491 ETH ($37.47 million).