Back to all news
Security

Binance Hack Conversions Yield $124 Million in Bitcoin

TokenPost·November 8, 2026·1 min read
Binance Hack Conversions Yield $124 Million in Bitcoin

Stolen XRP from the Binance hack converted into $124 million in Bitcoin, with most conversions happening through THORChain. About $226 million in stolen XRP remains unmoved. The conversion highlights the use of cross-chain bridges to launder funds, complicating recovery efforts.

Read at TokenPost
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store