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Nearly 500 billion SHIB, or 0.05% of its supply worth $2.3 million, was transferred to an address tagged "Binance Hot Wallet Exploiter 2" following the recent $6.3 billion Binance hack.
Nearly 500 billion SHIB, or 0.05% of its supply worth $2.3 million, was transferred to an address tagged "Binance Hot Wallet Exploiter 2" following the recent $6.3 billion Binance hack. Shiba Inu community member Mazrael issued a warning, highlighting the importance of self-custody. The hack, which began on October 29, 2026, saw Binance's hot wallets swept, with the exchange confirming an estimated total impact of about $6.3 billion. Binance stated it would cover all losses from its SAFU fund and company funds, reiterating that user funds remain safe.
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