- cross-posted to:
- technology@midwest.social
- technology@lemmy.ml
- cross-posted to:
- technology@midwest.social
- technology@lemmy.ml
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.


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