Place your ads here email us at info@blockchain.news
NEW
vanity burn address Flash News List | Blockchain.News
Flash News List

List of Flash News about vanity burn address

Time Details
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.

Source
Place your ads here email us at info@blockchain.news