Binance-hacker-1029 – $5.6B stolen from Binance

Posted by Tiberium 20 hours ago

Binance-hacker-1029 – $5.6B stolen from Binance(arkm.com)

1691 points | 1137 commentspage 11

xoxxala 14 hours ago|

BBC is now reporting $6.3B was stolen.

https://www.bbc.com/news/articles/cwg7xp8kx4v5o

SebastianSosa 12 hours ago||

If this is real short, crypto hard

K0IN 20 hours ago||

Claude I want to be a billionaire fast, make no mistakes.

smoovb 15 hours ago||

A win for governments this month.

$25 Billion fine against Meta - USA government

$3 Billion robbery against Binance - North Korea ( suspected )

$1.2 Billion penalty against Bank of America - USA

bagacrap 14 hours ago|

The $25B fine was not US govt but state govt.

That tells you who wears the big britches.

Trump < Kim Jung Un < Michelle Lujan Grisham

desireco42 15 hours ago||

OK, what do you do with a stash like this? I get this is most likely state actor, but what do you do with Bs of money stolen. Do we have any documentaries about that, I think that would be fascinating to see.

tetromino_ 19 hours ago||

If I were an artificial superintelligence who wanted to gain independence from the fleshbags who built me, stealing a few billion dollars in crypto would probably be my first public move. Just saying.

glerk 17 hours ago||

Hope you’ve been stacking monero for the final fireworks, anon.

barelysapient 15 hours ago||

mtgox all over again.

moralestapia 19 hours ago||

Explain "frozen" to me while keeping in mind the whole point of Bitcoin was to avoid single entities controlling the cash flow ...

jaderiverstokes 19 hours ago|

The frozen funds are centrally controlled stable coins on Ethereum and other chains.

Bitcoin has no such concept.

aussieguy1234 19 hours ago|

Given AI assisted hacking is now a thing, it's probably not safe to keep your crypto in any centralized exchange anymore.

Better general security yes, but the incentive to hack them is quite large and now more hackers have the ability to pull it off.

Same with any purpose built wallet you didn't make yourself: https://www.forbes.com/sites/digital-assets/2026/10/23/ledge...

NoCritics 3 hours ago||

Holding decentralized currency on centralized exchanges defeats the purpose of it being decentralized in the first place. Which is why we saw a massive adoption of DeFi and DEXs across the whole industry. CEXs (centralized exchanges) have been getting hacked left and right since their very inception much before LLMs even existed, let alone gained sufficient capabilities to perform such attacks. Mostly due to human error and social engineering, yet they remain the industry entry point for like 80% of both retail and institutions.

daveguy 15 hours ago||

Or you could just get real money and keep it in a bank.

aussieguy1234 13 hours ago||

This is what I do. I'll only use crypto in a few rare cases where I don't want the vendor to get my credit card number. Always in amounts that, if ever stolen, would not break the bank.

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