List of Flash News about blockchain incident
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2025-06-18 16:40 |
Exchange Hackers Burn Stolen Bitcoin (BTC) Funds in Vanity Address: Crypto Security Incident Explained
According to nic__carter on Twitter, a recent exchange hack saw attackers sending all stolen Bitcoin (BTC) funds to a burn address with a vanity string, effectively making the assets unrecoverable. This incident highlights an unusual approach where hackers opted to destroy the funds rather than profit from them, as verified by blockchain transaction records (source: nic__carter on Twitter, June 18, 2025). For traders, this underscores the ongoing risks of exchange vulnerabilities and emphasizes the importance of secure asset storage. Such hacks can impact BTC market sentiment and trading volumes, driving increased attention to exchange security protocols. |