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Attacker gets away with up to $3 billion from Binance (www.citationneeded.news)

submitted 3 days ago by otter@lemmy.ca to c/technology@lemmy.world

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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.

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[–] trk@aussie.zone 22 points 2 days ago (1 children)

It turns out that watching people lose money to crypto is my kink.

[–] No_Ones_Slick_Like_Gaston@lemmy.world 2 points 1 day ago

Never let anyone shame you out of it.