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News Nigeria Technology 3 publications in 2 countries 1 min read

Crypto Platform Binance Confirms ‘Complex’ $6.3bn Hack

Channels Television's headline. Reported by Channels Television, Vanguard, Euronews.

File picture: Jonathan Riddell uploaded and derivative work: MrPanyGoff via Wikimedia Commons, CC BY-SA 2.0

What Channels Television reported

They warned the figure "may continue to increase as our teams work closely with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets."

The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.

Who is covering it

  1. Channels Television Nigeria Crypto Platform Binance Confirms ‘Complex’ $6.3bn Hack They warned the figure "may continue to increase as our teams work closely with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets." 5 h ago · Tier 2
  2. Vanguard Nigeria Crypto platform Binance confirms major hack, more than $2.5bn frozen Cryptocurrency platform Binance said Thursday it had fallen victim to a major hack that had resulted in the freezing of more than $2.5 billion in an effort to prevent them from being stolen. The company — the world’s largest crypto exchange by daily trading volumes — said it had suspended trading on 7 h ago · Tier 3
  3. Euronews France Crypto platform Binance confirms major hack with more than $2.5bn frozen Cryptocurrency platform Binance said Thursday it had fallen victim to a major hack and indicated that more than $2.5 billion in funds had been frozen in an effort to prevent a massive theft. 10 h ago · Tier 3

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

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File picture: Shiraz Chakera via Wikimedia Commons, CC BY-SA 2.0
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Hackers steal $6 billion from Binance in biggest crypto heist in history

According to The Times of India, Binance lost approximately $6.3 billion in a heist traced to a compromised engineer's laptop, and the exchange has paused withdrawals. Al Jazeera English reported Binance said $6.3bn was stolen and linked the theft to North Korean hackers. The Verge reported Binance disclosed $6.3 billion in stolen funds, said user funds are safe, and that around $3 billion of the affected assets were in the process of recovery. Nairametrics put the figure at more than $6 billion, citing investigators who described it as the biggest crypto theft in history. The sources differ on the exact amount, with figures of $6 billion and $6.3 billion reported. The story is developing. Summary from 4 sources

Sources differ: Nairametrics reports more than $6 billion stolen, while The Times of India, Al Jazeera English and The Verge report $6.3 billion.

Summary from 4 sources Nairametrics first also Al Jazeera English, The Verge, The Times of India

File picture: Evan Bench via Wikimedia Commons, CC BY 2.0
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Sinkholes, scarred land and scapegoats: the scourge of illegal gold mining in Johannesburg

The Guardian, in several editions, reported on illegal gold mining in Johannesburg under the headline "Sinkholes, scarred land and scapegoats." According to the excerpts, there is no end in sight for the drivers of illegal mining, and police action appears ineffective. The reporting draws on Cora Bailey, who has encountered illegal miners since 1991 while treating injured animals in townships around Roodepoort, west of Johannesburg. The excerpts say the rising price of gold has been a factor, but they are cut off before giving further detail. The story is marked as developing, and the available excerpts do not include other outlets' coverage or any official response. Summary from 4 sources

Summary from 4 sources The Guardian Business first