Hacking News
Sentora compares DeFi withdrawals after Binance hack and Kelp exploit
Sentora analyzed DeFi withdrawals following the recent Binance hack and the earlier $292 million Kelp exploit. The analysis shows that the Binance incident generated a smaller run on DeFi platforms compared to the Kelp breach. Investigators have traced approximately $124 million from the hacks that was converted into Bitcoin. Efforts are underway to recover the frozen funds. The findings were shared by crypto news outlet cryptodotnews.