Nearly two days after the massive hack that saw New Zealand-based Cryptopia Exchange close down, funds stolen from the platform are said to be allegedly transferred to Binance, KuCoin, DigiFinex, CoinExchange.io and some others.
A cryptocurrency analyst by the name “I Dream Alts” first broke the information on Twitter, tagging Binance and other exchange where the funds were allegedly transferred to.
The crypto analyst demand that Binance confirm the allegation and block the accounts involved to avoid the hackers going free without punishment.
At first, he alleged that Some Ethereum (ETH) has been forwarded to a Binance address. Then he still put forward that around 50K KNC token was moved to Binance.
— 🐒🐵I Dream Of Alts🐵🐒 (@ShaftedTangu) January 16, 2019
Meanwhile, New Zealand police have affirmed they are investing the Cryptopia hack. According to a press release on Jan. 16, the hack, alleged to be performed by unknown suspects, resulted in nothing less than $3.6 million loss. After the attack, Cryptopia, shutdown saying it detected malicious activity on its platform.
“The Cryptopia exchange suffered a security breach which resulted in significant losses,” the exchange’s Twitter account stated.
Meanwhile, according to Police, the finding is still at the points of ascertaining the sequence of events.
“The inquiry is still in its very early stages and police are continuing to work with Cryptopia to establish what has happened and how,” the press release states, adding that, “Police are not yet in a position to say how much cryptocurrency is involved, other than it is a significant amount. A large team, including Canterbury CIB and specialist staff from the police High Tech Crime Unit, have been assigned to the case.”
Binance Coin (BNB) Burns $9.4 Million Token
Binance officials have announced the 6th quarterly Binance Coin (BNB) token burn. According to the exchange, coins worth $9.4 Million were burnt, and an Etherscan confirmation link was provided.
The Letter Reads:
In accordance with our whitepaper, we have completed our 6th quarterly BNB token burn of 1,623,818 BNB (roughly $9.4MM USD equivalent). BurnTxid: https://etherscan.io/tx/0xbf97244cf0c5709e0dd36e37bacb994f95c245aaf20a279595b5371ff592f4b0#decodetab
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