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XRP Hit First in Binance Hack: Five Wallets Drained in About Four Minutes

By Kevin Helms

Binance’s wallet breach involved approximately $296 million in XRP transfers, blockchain investigators found. Ripple froze stolen RLUSD during the response, and the exchange subsequently said its XRP customer balances were fully backed. Five Payments Consolidated $296 Million Binance lost approximately $296 million in…

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A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

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