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Security units at Binance and Huobi have teamed up to freeze and recover 121 Bitcoin from the Harmony bridge hackers. Alongside a collaboration with security teams at crypto exchanges, Binance and Huobi were able to freeze and recover a large amount of BTC out of the stolen funds from the Harmony bridge En un tuit, el CEO de Binance, Changpeng Zhao, anunció que los hackers habían intentado blanquear sus fondos a través del exchanges Huobi. Después de que Security teams drawn from Huobi and Binance crypto exchanges combined in freezing and recovering bitcoins traced to the Harmony exploit. The recovery is hot on the Cryptocurrency exchanges Binance and Huobi have recovered some of the funds stolen in last year’s hack of Harmony. “We detected Harmony One hacker fund Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 121 Bitcoin (BTC) from hackers behind the Harmony bridge exploit. In a According to the details shared by CZ’s tweet, Binance assisted Huobi to freeze the hacker’s account, and collectively they recovered 124 bitcoin. Even though this is a

Binance and Huobi's Collective Efforts Recover $2.6M from Harmony Hackers

Cryptocurrency exchanges Binance and Huobi have achieved a significant victory in the fight against crypto crime, recovering a portion of the funds stolen in last year's hack of Harmony. Security units at Binance and Huobi have teamed up to freeze and recover 121 Bitcoin from the Harmony bridge hackers, representing a substantial value of approximately $2.6 million. This collaborative effort demonstrates the growing commitment of exchanges to secure the crypto ecosystem.

“We detected Harmony One hacker fund,” prompting immediate action. Alongside a collaboration with security teams at crypto exchanges, Binance and Huobi were able to freeze and recover a large amount of BTC out of the stolen funds from the Harmony bridge. This recovery is hot on the heels of increased scrutiny and pressure on those attempting to launder stolen cryptocurrency.

In a tweet, Binance CEO Changpeng Zhao (CZ) announced the successful operation. Security teams drawn from Huobi and Binance crypto exchanges combined in freezing and recovering bitcoins traced to the Harmony exploit. According to the details shared by CZ’s tweet, Binance assisted Huobi to freeze the hacker’s account, and collectively they recovered 124 bitcoin.

CZ emphasized the coordinated approach, revealing that the hackers attempted to launder their funds through Huobi. After that Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 121 Bitcoin (BTC) from hackers behind the Harmony bridge exploit. Even though this is a partial recovery, it signifies the increasing sophistication and effectiveness of exchange security measures and their willingness to collaborate against malicious actors.

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