Bitcoin Stolen from Binance (BTC) 's on the move! – Hackers now have access to wallets containing crypto money stolen from the leading Bitcoin exchange Binance in May. Coinfirm, which followed several original moves at the beginning of May, found a major outflow in the funds of Bitcoin wallets created on May 7, 2019.

Hackers activate Bitcoins stolen from Binance

Hack attacks were carried out using a variety of techniques, such as viruses and phishing. According to Binance, the stolen funds account for about 2 percent of the total BTC shares on the stock exchange. Binance used the SAFU fund to cover losses in order to prevent user funds from being affected and to ensure stable operation of the platform. The Secure Asset Fund for Users was established on July 14, 2018 and accounts for 10 percent of all transaction fees.

According to Confirm, hackers sent 1,060 BTC worth 1,060 BTC each time to smaller crypto wallets after the hacking attack. On June 12, 2019, hackers who sent 1,060 BTC from bc1q2 wallet to bc1qg wallet sent a strange amount to the 19JPv wallet and sent 0.002 BTC worth $ 16. It is unclear why such a small amount "came" out of the wallet.

Hackers struggle to break wallets into smaller pieces

In the next move, the hackers carried 1,040 BTC to the bc1qd wallet address. Hackers also sent 19.68 BTC to the 1JSfJ wallet. This is an effort to divide large wallets into smaller pieces. The hackers then transferred 1,021 BTC to the bc1qc wallet address. Hackers also sent 19.42 BTC to the 1DPjH wallet address. The BTC transfers of hackers did not end with these figures.

If each of these purses is now carefully monitored by legitimate exchanges, it may be difficult to convert them into fiat, but it is not impossible. The leading crypto currency, Bitcoin, is trading at $ 8.305, an increase of 2.3 percent during writing. The flagship of crypto currencies currently has a market value of $ 147.5 billion.

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