WiremarketsPublisher preview
North Korean hackers create memecoins to launder funds from Binance hack: Elliptic
The blockchain firm traced stolen funds through six new tokens on NEAR, where hackers used liquidity pools to obscure transfers between wallets.
Desk
Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.
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Dextape story on this event
North Korean hackers reportedly launder Binance heist funds through NEAR memecoins
Terms in this story
- Blockchain
- A shared, ordered record of transactions, grouped into blocks, that independent computers check against the same protocol rules.
- Liquidity
- How easily an amount can be bought or sold without moving the price much.