Binance hack began with a $296 million XRP drain after 36-hour preparation

The Binance attacker spent at least 36 hours preparing for the $6.36 billion crypto exchange hack that began with $296 million in XRP. According to an Oct. 29 investigation by TRM Labs, the attacker began preparing the operation on Oct. 28 before executing coordinated transfers across 10 blockchains the following evening. The blockchain intelligence firm Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox