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#crypto asset recovery

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Arbitrum Council Moves $30M in Binance Hack Funds Without Hacker’s Key
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Arbitrum Council Moves $30M in Binance Hack Funds Without Hacker’s Key

Key Highlights: The Arbitrum Security Council executed transactions to recover compromised ARB and Ether, transferring the assets into a secure holding address ending in 0DA0. Security firm Zealynx revealed that the intervention utilized administrative upgrade authority via type 0x65 transactions featuring blank signature fields. The seized assets remain locked and cannot be distributed without an ...

Mercado Bitcoin Hacked for $49M as Quick Response Freezes $10M
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Mercado Bitcoin Hacked for $49M as Quick Response Freezes $10M

Key Highlights: Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, was hit by an early morning security breach on November 2 that siphoned roughly $49 million. Exploiters targeted assets spanning 17 different blockchains in an effort to launder and scatter the capital. Blockchain intelligence firm Chainalysis collaborated with law enforcement and industry partners to successfully ...