Frozen Bitcoin: Crucial Breakthrough in Recovering Stolen Funds After Major Hack

Quick Summary:

Imagine waking up to find hundreds of millions of dollars worth of cryptocurrency simply gone.

That’s the nightmare scenario faced recently when a significant Bitcoin hack occurred, resulting in the theft of 3,520 BTC, valued at a staggering $330.7 million at the time.

According to reports confirmed by ZachXBT, a portion of the stolen Bitcoin, specifically around $7 million worth, was traced to accounts on the Binance exchange.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: India

Topics: BINANCE BITCOIN Crypto News Crypto security Bitcoin News Crypto Recovery On-chain analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 06:30:36 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1274 words

Reading Time: 8 minutes read

Sentences: 64 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28328615

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 18 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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