Hacking News
EU Entity Faces Suspected $106M Crypto Theft
An unidentified EU-based entity may have lost more than $106 million after an attacker allegedly withdrew funds from multiple centralized cryptocurrency exchanges. The attacker reportedly moved the stolen assets through several cryptocurrencies and instant exchange services, including USDC, USDT, Ethereum, and Monero (XMR). No specific victim, affected exchanges, or method used to access the accounts has been identified. The incident follows Binance’s October 29 hot wallet breach, which TRM Labs attributed to North Korean hackers.