$133 million crypto hack in Europe: Was a financial institution targeted?
Original headlineHack crypto de 133 millions $ en Europe : une institution financière visée ?
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A crypto theft of roughly $133 million has reportedly hit a European financial institution, days after Binance suffered a record hack, according to on-chain investigator ZachXBT. The attackers allegedly converted the stolen funds into ETH and Monero (XMR) to obscure the money trail. The victim's identity has not been disclosed, and no attack has been officially confirmed. The incident underscores growing security risks for institutional players in crypto, coming on the heels of the Binance breach. Watch for official confirmation of the victim, on-chain tracing of the ETH and XMR flows, and potential statements from European regulators or affected institutions.
Muhabbit's AI wrote this summary in its own words from Cryptoast's report and translated it from French. It can get details wrong, so check the source.
Named in this story
European Financial Institution, ZachXBT, ETH (ETH), Monero (XMR), Binance
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