More than $106 million was reportedly stolen from multiple centralized exchange accounts linked to an EU entity on November 1. The stolen funds were withdrawn as USD Coin (USDC) and Tether (USDT), then swapped for Ether (ETH), sent to instant-exchange services like WellWallet and Kyrrex, and converted into Monero (XMR) through Wagyu. The funds were also bridged across several blockchain networks, complicating tracking efforts. This large-scale theft highlights ongoing risks in centralized crypto exchanges and the challenges of tracing stolen digital assets.
The recent large-scale theft of over $106 million from centralized exchange accounts provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Nov 02, 2026 20:43 WIB: out of 50 major cryptocurrencies priced on Pluang, 8 rose and 41 fell. Notable movers include BAL (Balancer) up 11.14% at Rp16.297, EOS (EOS.IO) up 8.13% at Rp12.649, and SXP (Solar) down 46.27% at Rp37, with a typical hold time on Pluang of 94 days for SXP.
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