The Block
The Block|Nov 02, 2026 12:52
THE BLOCK: ZachXBT reported the suspected theft of more than $106 million from multiple centralized exchange accounts held by an unidentified EU entity on Nov. 1. The onchain investigator said the funds were withdrawn in USDC and USDT, with the attacker subsequently swapping USDC for ETH, converting funds to XMR, and bridging assets across multiple blockchains.
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