$ETH A major crypto exchange has suffered one of the biggest thefts of 2026, with approximately $351.6 million in digital assets reportedly drained from its hot wallet.

XRP

1.4829

-0.88%

ETH

2,666.05

+0.30%

USDC

1.00041

+0.02%

What makes this incident especially concerning is that the exchange says its private keys were not compromised.$USDT

Instead, the attacker allegedly targeted a core backend system connected to the wallet infrastructure and manipulated transaction data to authorize unauthorized transfers.$XRP

💰 Assets reportedly stolen include:

• 102.93M XRP — around $157M

• 31,890 ETH

• 34.75M USDT

• 21.05M USDC

• Other tokens across multiple networks

On EVM-compatible chains, much of the stolen crypto was rapidly swapped into ETH. On-chain data reportedly shows the attacker now controls roughly 68,000 ETH, valued at more than $180M.

There are also reported links between these funds and an earlier $24M theft. Some security researchers have attributed similar incidents to North Korean-linked hacking groups, although attribution remains subject to investigation.

🔐 Key takeaway for crypto users:

1️⃣ Check an exchange’s proof-of-reserves and user protection measures.

2️⃣ Enable 2FA and withdrawal address whitelisting.

3️⃣ Keep long-term holdings in a personal hardware/cold wallet rather than leaving everything on an exchange.

📉 Market Watch:

Large amounts of XRP and ETH reportedly remain under the attacker’s control. Any movement or attempted liquidation of these funds could create additional short-term volatility and selling pressure.

Stay alert. In crypto, security risk isn’t always about the private key — the infrastructure behind the wallet can be just as important.

#TODAYUPDATE #NewPostAlert #BinanceSquareTalks #cryotocurrency #Ethereum