Binance plans three-hour withdrawal window on November 1st after $6.3B theft
Binance plans a three-hour withdrawal window on November 1 after the $6.3B theft.
Summary written by AI. Read the source before acting on anything.
Binance plans a three-hour withdrawal window on November 1 after the $6.3B theft.
Summary written by AI. Read the source before acting on anything.
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Galaxy Research's account of a $6.3B Binance robbery, the largest in crypto history, is a must-read for anyone holding exchange balances.
Mechanics of the Binance hack's Ethereum leg: 50 pre-signed EIP-7702 authorizations from a hot wallet, and why 7702 itself is not the root cause.
Binance reports a security incident with unauthorized withdrawals estimated at $6.3 billion.
On-chain tracing via TRM Labs shows 18,270 BTC left a Binance hot wallet in one transaction, and the BTC cannot be frozen, unlike stablecoins. A sharp look at censorship resistance.
Premia vaults lost about $437,000 when an attacker moved collateral into option pools and withdrew it as liquidity, per Blockaid's analysis.
A user lost 0.85 BTC (about $70K) when an Electrum RBF bug hit a transaction, and documents the failure in a video.