Hackers drain millions from platform and exchange wallets
Image: BeInCryptoAttackers stole funds from Predict.fun, a prediction market built into the Binance wallet app. Predict.fun stated that every affected user will be paid back in full. Separately, billions in crypto exited Binance wallets as the exchange investigated a potential major security breach. Binance stated it had not confirmed any impact to user funds at that stage.
Key points
- Attackers drained funds from Predict.fun, the prediction market built into the Binance wallet app.
- Predict.fun stated that every affected user will be paid back in full.
- Binance stated it has not confirmed any impact to user funds during its investigation.
Why it matters
Security breaches involving prediction markets and exchange wallets highlight operational vulnerabilities for users holding digital assets on these platforms.
What's unclear
The exact total amount stolen from Predict.fun is not specified in both reports.
The total financial loss from the potential Binance security issue remains unconfirmed by the company.
Sources · 2 publishers
The Daily Hodl
Tier 2
$5,000,000,000 Abruptly Exits Binance Wallets As Founder Warns Exchange ‘May Have Been Hacked’
Coverage timeline
- First reported by BeInCrypto
- Also reported by The Daily Hodl
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
