Hacking News
Over $106M in Crypto Stolen From EU Entity
A suspected theft of over $106 million from an unnamed EU entity was flagged by blockchain investigator ZachXBT. Funds were withdrawn in USDC and USDT before being converted to ETH and XMR. Brazilian crypto exchange Mercado Bitcoin reported over $40 million in suspicious outflows, confirming a security incident but assuring customers that no data breach occurred. The crypto industry is facing multiple security incidents, including a significant hack of $6.3 billion from Binance and unauthorized access to hot wallets on older versions of BTCPay Server.