{"id":678580,"date":"2026-10-30T22:52:40","date_gmt":"2026-10-30T22:52:40","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/10\/30\/binance-hackers-raced-to-move-billions-before-it-could-be-frozen\/"},"modified":"2026-10-30T22:52:40","modified_gmt":"2026-10-30T22:52:40","slug":"binance-hackers-raced-to-move-billions-before-it-could-be-frozen","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/30\/binance-hackers-raced-to-move-billions-before-it-could-be-frozen\/","title":{"rendered":"Binance hackers raced to move billions before it could be frozen"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/10\/01M66R86X5ZSP95YYCM3AYG2MN\/hi-north-korean-hack-crime-dragon.jpg\" alt=\"Binance hackers raced to move billions before it could be frozen\" class=\"type:primaryImage\" \/><\/p>\n<p>Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.<\/p>\n<p>Attackers behind Binance\u2019s estimated $6.3 billion hack still control billions of dollars in stolen cryptocurrency despite efforts by token issuers to freeze the proceeds.<\/p>\n<p>The attack, the largest in crypto history, began at 8:04 pm UTC Thursday and the perpetrators, <a href=\"https:\/\/ct.com\/news\/north-korea-linked-to-63b-binance-hack-by-crypto-investigators\" rel=\"noopener noreferrer\" target=\"_blank\">linked to the same North Korean hackers<\/a> behind last month\u2019s Bitget hack, immediately began converting assets.<\/p>\n<p>The game plan for the hackers was to convert the assets that could be frozen, like USDT and USDC, into ones that could not, such as Bitcoin (BTC) and Ether (ETH).<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/magazine\/binance-hackers-raced-to-move-billions-before-could-be-frozen\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets. Attackers behind Binance\u2019s estimated $6.3 billion hack still control billions of dollars in stolen cryptocurrency despite efforts by token issuers to freeze the proceeds. The attack, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":678581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-678580","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/678580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=678580"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/678580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/678581"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=678580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=678580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=678580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}