499
Attacker gets away with up to $3 billion from Binance (www.citationneeded.news)
submitted 2 days ago by to c/technology@lemmy.world
97 comments fedilink hide all child comments
 

Article is by Molly White, who you might recognize from Mastodon and web3isgoinggreat.com:

https://hachyderm.io/@molly0xfff/117526961419935070

I wrote up what we know about the Binance hack so far. By my best estimate, Binance is out around $3 billion after stablecoin issuers froze what they could. Changpeng Zhao is promising Binance will cover it, but he’s legally barred from running the company.

you are viewing a single comment's thread
view the rest of the comments
[–] 70 points 2 days ago (7 children)

I mean its probably not a rug pull. Most likely its a coordinated state sponsored hacking group, like the Lazarus group, who would be my bet for the big winner of this.

I'm curious how much theyll walk away with in the end.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 7 child comments
    •
  • [–] 1 point 1 day ago (2 children)

    Doesn't the title of the article once you tap the link say who did it? Yes, yes it does.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 5 points 1 day ago (1 child)

    They changed the title of the article since I commented. I am pleased that my speculation was mostly correct however.

    https://web.archive.org/web/20261030033426/https://www.citationneeded.news/binance-theft/

    ^ archive link showing that the title used to be "Attacker gets away with up to 3$ billion from Binance."

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •