Blockchain

Privacy Cash Pauses Deposits After Binance Hack

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 04/11/2026, 16:42:24 UTC.

Briefings

In November 2026, Elliptic reported a $1.2 million theft of ETH and SOL from its trading pools following a Binance hack. The company stated that withdrawals are currently open, though the full extent of the loss remains under investigation. This incident occurred after a major security breach at Binance, highlighting the risks of centralized exchanges holding user assets.

Key points

• Elliptic traced approximately $1.2 million in stolen ETH and SOL to its own trading pools.
• Withdrawing funds from the affected pools is currently permitted by the exchange.

Context

This incident occurred shortly after a significant security breach at Binance, raising concerns about the security of centralized exchanges holding user assets. The theft was traced to Elliptic's pools, indicating potential vulnerabilities in the exchange's internal systems.

Limitations

The evidence covers only the initial tracing of $1.2 million in stolen assets. Withdrawal status is confirmed, but the total scope of the theft and the specific timeline of the Binance hack are not fully detailed in the provided source.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 09/11/2026, 04:40:53 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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