US Citizen Loses $330M as Layer 2 Token Gets Listed

[Hypedyor]

An elderly US citizen has fallen victim to one of the largest Bitcoin thefts in history, amounting to a staggering $330 million. This theft is now ranked as the fifth-largest crypto hack in history. According to an update by on chain investigator ZachXBT on April 30, 2025, the attacker employed sophisticated social engineering tactics to gain access to the victim’s Bitcoin wallet.

The incident occurred on April 28, 2025, when a suspicious transfer of 3,520 BTC valued at over $330 million was flagged. The stolen funds were swiftly laundered through more than 300 wallets and over 20 exchanges. Additionally, the stolen Bitcoin was converted into Monero (XMR), a privacy focused cryptocurrency, which made tracking the funds more difficult.

However, B2 token is a Layer-2 solution that enhances Bitcoin’s transaction speed and application diversity without compromising security. It introduces the first zero-knowledge proof verification commitment rollup on Bitcoin, allowing for Turing-complete smart contracts for off-chain transactions. This boosts efficiency and reduces costs.

By leveraging zero-knowledge proof technology alongside Taproot’s challenge-response mechanism, B² Network ensures privacy and security during transaction confirmations. The network aims to transform Bitcoin into a versatile platform supporting DeFi, NFTs, and other decentralized systems. B2 is now live on BingX showing a lot of potential.

While this theft highlights the risks involved in holding large sums of cryptocurrency, it also important to take note of the token discussed in the article for further movement and breakthroughs.