Uh WTF
>>62832126obviously not a hack
>>62832126Funds not safu?
Really, CZ? 10/29??? I was expecting 11/11 or 12/12. 10/29 is not even a special date.
>>62832126fud
Im up on my XMR fomo long kek So far today:>HYPE biggest tradfi integration in crypto history>Polymarket hack>Binance hack>AI blowing up Kek what a fun day
This chink just had to do it
well fuck. i guess this is it
>>62832126$2bil is nothing, cz can shit that out with a memecoin launch
>>62832197cope
>>62832126umm guys... i cant withdraw my usdc
>>62832197$2bil is nothing, cz can just liquidate retail with price manipulation and steal that 2bil back, easy
>Chinese tech market collapses>suddenly crypto wallets dissappearIT ALL RETURNS TO NOTHING
first patrick stewart now this
>>62832260Isnt 3 billion like nothing for binance?
>>62832265No, it's a huge amount. Their emergency insurance fund only has 1 billion in it.
>>62832265Dude no they stole all of their Ethereum which is what they used to stake which probably messes with a lot of their passive income investments and the wallet hack of the #1 biggest crypto exchange is going to be possibly a Mt Gox level of losing faith in crypto. yikes
>>62832265definitely not nothingnot 100% confirmed a hack, but the longer binance stays quiet the more the market turmoil grows
'allo
>>62832333a hacker would be immediately selling while any liquidity remains. it's definitely not a hack
>>62832355it's looking sketchy atm
>>62832333They will dump those ETHs like last time they hacked Bybit
>>62832355not even true
FUNDSARESAFU
pack watch
https://x.com/cz_binance/status/2115915423174853077
>>62832361what's sketchy about a simple contract signed by their multisig?>>62832368the current action doesn't follow any pattern of attack
>>62832374Sources tell me funds are safu... please God
>>62832363Binance needs to conver the eth for their clients with their insurance fund tough>>62832295The stablecoins are frozen so they need to cover mostly eth funny tough since they may need to buy spot to cover them.
>>62832380>I don't manage Binance anymorethanks for the bullshit caveat. not a real hack confirmed
>>62832389S A F U
FUNDSSAFUIts not over
>>62832260>>62832361Imagine if this shit is real and you stole 2 billion from the level 100 crook of crypto, robin hood style. The sheer ecstasy
MANDATORY WATCHINGhttps://www.youtube.com/watch?v=DelF6zEHXpE
S A F UAFU
>>62832390> Binance needs to conver the eth for their clients with their insurance fund toughDon't worry, they have enough reserve from staking and fees
>>62832126>another hackBullish for XMR
>>62832401More like $379 million in ETH, Tether and Circle froze withdrawals.
link can stop this
>>62832385https://x.com/binance/status/2115917658680074294
>>62832401Those north koreans basically stole from CCP, their days might be over
funds are frozo
>its real2 billion dollars bros, wild west type shit kek
uh oh
>>62832482>RISK: NONEOh thank goodness
>>62832482BIG DAWG, imagine the rush
>>62832460inside job, just like the "oracle hack"
>>6283248218K of BTC is new infounfortunate if true
>>62832482How is it 5 billion I thought it was 3 billion? Is he hacking other stuff?
>>62832260Damage report?
was it the same vulnerability that got polymarket?
>>62832493burned supply?
>>62832497too soon anon
MY -99% BNB SHITCOINS WILL NEVER MOON AHHHHHHHHHH
>>62832333Is it time for Ethereum Classic 2? What a fucking joke. Stick with BTC and cold storage thanks.
>>62832482>$5 billion hacked from the #1 exchangeIsn't this a major black swan, why isn't BTC giga dumping, it dropped a measly 2k then bounced at 79k and is now stable at 79.5k
>>62832512it's only 5 billion
>>62832512it was an inside job i bet
>>62832126Future of finance.
the internet is going down the shitter, someone invent internet 2
Crypto is kill
>>62832518What's stopping the same hacker from having another 5 billion? Or ten other hackers?
>>62832501haha. Both of you legends. So long Patrick!!
>>62832333USDT - Won't that shit just get frozen straight away.
>>62832512cant drop much lower without doing major damage. it wicked down to longterm support and then got pushed back up. If it drops below 78k, bobo will come out of his cave and rape everyone
>>62832482Fake, no BTC lost.
I'd just like to remind everyone that none of this would be possible if we forced all crypto to implement 2-Factor authorization from an EU controlled digital ID for forced attestation of any and all digital contracts. It's clear that the time for regulation is now.
>>62832512> why isn't BTC giga dumping1.5b out of 1.6tn, why should it go down even assuming that the hacker is selling right now?
>>628324943 Billion? What do you need 5 billion for? No one will even notice 10 billion.
>>62832535it was
Trusted source Also you guys heard polymarket got drained earlier today? Somebody found a new exploit and are going around town
>>62832512it did not impacted btc, it does impact eth but binance is forced to buy asap spot with their insurance reserve as it's their biggest loss.I am sure they won't do that and put a buy order at 2000 to see what the hackers do but as users withdraw eth they are forced to buy so it's not a black swan.It's market neutral because no liquidity is being removed or added, in fact it could be bullish because hackers would take years to extract their hack while binance will be forced to buy 150k eth this month spot.
>>62832552>6 billionOY VEY
>>62832126>same day tech sells off they get "hacked"right-
>>62832541See >>62832529 and >>62832303Retail and investors lose confidence because apparently funds are not safu and you can get all your shit stolen
>>62832552Polymarket thing seem to have been a front end hack not a back end one, as for binance hacker the wallet was compromised with a bad contract, the hacker rehearsed the attack an hour before the real hack so they probably been planning this attack for a long time.
>>62832558Unleash ze cyber pandemic.
>>62832560desu they never were and only retards "held" stable coin scams.
>>62832554Okay that makes sense, thanks anon
>>62832475The future of finance!
>>62832558it's interesting given the hype news as well as lagarde bizarre resignation speech knowing the bitch was one of the most anti crypto persons in the world.On day of two good news this happens, very interesting timing indeed.
>>62832552>6 gorillian
>>62832573>lagardeDidn't even realise she had resigned.
>>6283253818,270.20 BTC sent from Binance to bc1q0mtc2f5agpkvlq6hhahmfr3hlr55kyfjhl2mnm
>>62832582could just be a nervous whale
>>62832592lots of people stampeding for the exits
>>62832617This could end up being bullish lol, last time something like this happened was ftx and all went to shit because motherfucker had a 3 year of btc mining and like 500k eth hole in his accounting and was doing fractional reserve as such exchanges started doing their we will show our reserves thing.If people escape binance is forced to buy spot to cover the loss which could trigger a small bullrun but that would mark the cycle bottom as with btc halving we will enter a multi year run tough slower perhaps than others.
>>62832617FUNDS ARE SAFU! HOLD THE LINE BINANCE BROS
cz tweeted 45 minutes ago that funds are safu, why
>>62832666because they're safu
>>62832617>uhhhh just some minor technical issues gweilo, you get your money soon, funds are safu!
>>62832673>id: rUGit's over
>>62832666strop trying to make us doubt safu status, satan
Binance customer assets are backed 1:1 so...
>>62832488old souls remember the mtgox heist
Looks like selling Pepe. 300k trade sell a minute ago.
>>62832126FUNDS ARE NOT SAFUhttps://www.youtube.com/watch?v=d6MSeo2ortM
>>62832126/bant/ predicted this>>>/bant/25253266
it's all so tiresome
>>62832389NOT THE PEPE TOKENINOS
im actually happy that cz that nigger lost billions, I'll never forget how he crashed the entire market on october 10th
>>62832803"""decentralized""" finance
>>62832803FUTURE OF FINANCE
>>62832141It is now
>>62832126https://youtu.be/qLuJSzs-3lE?si=3IUyaJ3NE_T6r2Zl
>>62832126cashnado alert
>>62832863ooh yeah this is it
>>62832844It's was an old fag group not him. And then every Degen was leverage long.
>>62832361It's just Mt.Gox reloaded
kucoin hacked too KWAB
>>62832896Who?
Why wouldn't the hackers swap the stables for all sorts of alts on DEXs?
future of financedecentralized assetsbacked by potus
>>62832333My btc safu
>>62832896Crypto is shitting it's pants y'all and dying loud as fuck. Funds definitely not safu
>>62832921The hackers are retarded and this is a massive undertaking. They have to launder everything. If they leave a single gap exposedz it traces back to them. This is what they are concerned with. Not with having 70% of the hack frozen because they are retards who kept stolen stablecoins.
>>62832941>Btc untouchedMy sidesLinkies lost again though
>>62832946Buy random shitcoins, use stolen 2b to pump those shotcoins, sell exact top, cashout to your bank and pay taxes.???profit
>>62832946nigger its probably north korea, you think they care about being doxxed?
>>62832994This is also how I would have done it. Prebought dead coins with a lot of wallets associated (dog tranny coins) and rug it indirectly.
>>62833022NK is only China's biggest Ally/dependent.Binance is only China's biggest exchange.There's not a chance in the world that this is them.
>>62833037>china's biggest exchange >crypto is banned in mainland chinawat
>>62832921because it's an inside job and the point was to transfer out the other uncensorable coins
I honestly think its a rougue Ai>japan, uk, pentagon warns of major blackout >BINANCE poly same day hack Some fuckery is seriously goin downEarlier last week somebody on twitter warned crypto is sone serious danger even hardware wallets are not safe
>>62832494https://arkm.com/explorer/entity/21a94755-f604-45e5-9501-6542e23005e8
>>62833075
>>62833047https://www.sciencedirect.com/science/article/abs/pii/S1544612321004189
>>62833088even if regular folks may bypass the ban, I dont think binance has direct ties with the CCP
>>62833061>polyPolymarket? I haven't seen any news about that getting hacked
Is it over?
>>62833123The PRC Holds about 200.000 Btc. I'm pretty sure they hold them with Binance as custodian. The US afaik holds a similar amount.
>>62832863Cards Against Humanity in inside bitcoin or shit:bitcoinorshit.net
>>62832333So, only shitcoins
all my shits in BUSD am I still fucked
>>62833220Should have kept it in BUSSY
>>62833220Your funds are coming with me pal
In 10 years only BTC will remain
>>62833075Lmao, hes got 69 WOJACK.
>>62833271in 10 years bitcoin will be lucky if it hasn't been sybiled
>>62832512Because Wall Street is on the board now. They are artificially pumping to keep the market afloat.
>>62832849>>62832852>get publicly tracked from a crime>surprised you get shut out from public exchangesMaybe have better opsec....or any opsec at all than just a straight xfer on clearnet
>>62832941>Cryptothose a centralized exchanges, crypto is doing fine.
>>62833271truthats a man
>>62832333jfc i moved USTD last week after being idle for like 6 months
Lmao
it was me guys i brute forced it
>>62832126Here it comes
>>62832482you can't hack BTC you cunt fucks, only shit coins and fiat money you cunt fucks
>>62832568KekMan october is sure a glorious month for cryptards. Cant wait for october 2027 happening
>>62832864hahahaha
>>62833075WHY DOESN'T IT TELL ME HOW MUCH HE HAS IN XMR???
>>62833561>they actually do
>net worth in ETH>locked in staking>wont be able to sell until it's too lateit's been a pleasure fellas
Fucking cz reeeeeee
>>62832141>10/29 is not even a special date Check again. He waited exactly a month
>>62833561>>62833629yep pure panic selling and once again cz at the centre of another clownshowftx blowing up was worse than this and that set the bottom so guess in the next week we might finally get the real bottom then
>>62833660>couldnt read the room after crypto died in october 2025I mean... you had a full year anonWe tried to tell youHope you recover
>>62832126Not selling.
Wow btc 68k rangeIt's really happeningWho else knife buying on the hacked exchange?
>>62833660Bought the wrong bluechip it's zogre.Why stake in any case? Just Autotrader. ROI for the worst performing martingale DCA strat is 20% minimum like wyd
I'm so glad I sold a year ago
>>62832126You baggies were warned all month long that Black Octobear was coming.Baggies and Mumus deserve to be (financially) butchered.You get what you fucking deserve!
Jesuschrist, I was outtie touching some grass and didn't even check my phone. Please, I need a fucking rundown. Levels of serioursness? FTX fuck up tier? WHERE IS THE BOTTOM?
>>62833822>WHERE IS THE BOTTOM?50k at least imho desu senpai not financial advice though
>>62833822Bottom isn't in but damage is really not that big of a deal. 0.05 of Binance assets affected.Buy the knifeAlso kucucks got btfo and no idea what the damage there is.
vantablack Friday
>>6283382218k btc (and some shitcoins) stolen from binance, pretty big
>>62833838>Buy the knifewell nobody on binance can right now and prolly for a good while too so that a lot of volume gone
All losses covered
I don't even have crypto. Sorry bros.
>>62833877does that include buying back to whatever the price was before the hack???
>>62832126CZ status?
>>62833874Speak for yourself >>62833782
Please fucking help! What the FUCK did I do wrong!? What the FUCK!!!
>>62833900The founder of Giggle Academy? How could he possibly be involved in any of this
I cant get my fucking money out!
>>62833951Aaaaand its gone.
>>62832497desu they only lost like <5% of their holdings. If it was >15%, I would consider binance going under.
>>62832126HODL MODE boys!
>>62833830>>62833838>>62833866Thanks, bros. And fucking CZ, man.
>>62833919Nothing. The Bears are smugposting because a hack they knew about all along happened
>>62832482Man imagine the fucking adrenaline lmao
>markets crashing>gold crashing>silver crashing>crypto crashing>bonds crashing>cash crashingwhere is it all going bros
>>62834118To the filthy rich who don't need it. Welcome to the great taking
>>62832994The people who cash out would be at risk though?
>>62833919Leaving all of your coins in an exchange, that's what. You only keep a short stack if you are DCAing or to gamble on futures.
ALL MY MONEY IS GONE IM FINANCIALLY RUINED
>>62832126the transaction fee was $0.91, kekno refunds
Red pill me on crypto
>>62834167its gonna get rapedgood time to buy in a few months when we hit 60k or lower
I have a shitton of usdc ready to buy. Not sure if I should buy now or wait a little bit more. Thoughts?
>>62834235Everyone already knows about this by now and have had their kneejerk reaction. The $5.7B number appears to be exaggerated and only some of it ended up with the hacker, while another chunk was moved by Binance themselves (presumably out of hot wallets and into safe ones). Plus Tether/Circle froze like a billion dollars.So from this point on, any news coming out will likely lessen fear, not heighten it. So this is probably a pretty good time to load up some bags
Now, can someone explain to me why every time funds are stolen, they are USDT and/or USDC? At this point everyone knows they can be frozen by tether or circle, so what's the point of extracting billions in stable coins. Is the hacker unaware of this or is he stupid enough to think he can get away with it, or is this the work of an AI agent or something? If someone is smart enough to do something like this, he should have a good understanding of how stable coins works, yet he just left billions behind.
>>62834308Always do the opposite what /biz/ says
>>62834336And 90% of /biz/ is freaking the fuck out right now
>It was due to a devops engineer getting phishedLMAOOOOOOOOOOOOO, this nigga is getting assassinated
>>62834438really? where are you seeing that? that's bullish since that means it wasn't a real hack, just social engineering.
>>62834474On X on the official Binance account, and it means Binance are a bunch of retarded niggers that likely outsourced to jeets
>>62833061>rougue Airetard detected
>>62834488>jeets shatapult another company into the designated shitting streetI believe it because of the exquisite racist digits
>>62832126GG CRYPTO FAGS LMAO
>>62832126how do you even use tornado cash these days? what's the URL?this is from a non US IP
Red id and everything is going to 0 (and this is also an inside job)
>>62834555checked, moon it is then
>>62834528you can interact with it on chain I think
>>62832141You think he’s counting the date? No, he’s waiting for the right news. Convenient that this hack was the very last thing that happened on this day
>the funniest part is that no bnb was “hacked”
>>62834366Bull-sama i kneel
Twas a nothing burger
>>62834308Thank you, brother
>>62834613definitely a somethingburger. hacker has only sold 1/10th of his stack and btc has dumped 4k
>>62834690you're missing the point. what's significant is that this was not a hack, just one of the binance devs getting compromised. that's a huge differencethis was the best possible outcome
>>62834690Back when BTC was around $50k and volume was much lower, JPMorgan estimated that it took roughly $100M of selling pressure to move BTC down by 1%. The hacker only has like a billion dollars worth of Bitcoin, and the increased volume means any drop in price will be gobbled up. If the hacker dumped the entirety of his Bitcoin stack over a couple of days we might only see a 5% drop. But where would he sell? Like the Bybit hack, 90% remains untouched because laundering a billion+ in Bitcoin is something that has to be done over a period of years, otherwise it becomes extremely easy for law enforcement to track
WSJ and other major news outlets are all reporting 6.3 billion as being hacked and gone. Any truth to it?
>>62834707About $3B is frozen. Real losses appear to be around $2B. This is slightly bigger than the Bybit hack, and Binance will end up having to cover the losses, which they easily can since they have a fund set up specifically to cover this kind of event. And when they drain that fund, they'll have to scoop up a lot more Bitcoin to fill it back up, which funnily enough is bullish for price or at least cancels out future selling pressure from the hacker
>the future of finance
They tried to warn you
Oh my lmao wow lol
Now that the dust has settled it seems that nothing happened.
Looks like the hacker fucked up and accidentally leaked his IP address to Consensys through metamask. Woops! lmao
>>62834813he dun goofed
>>62834813No way he isn't behind a dozen vpns.
>>62833271I love chicks with strong backs/shoulders
>>62834813>implying he uses his static home ip registered to his name>implying it isnt some elite government funded hacker group from north korea or some shit
>>62834813I mean yes it is a slipup but he might have already been using a VPN for the whole OS, or even Foxyproxy SOCKS to an anonymous proxy, it applies to extensions as well.Also if this is a North Korean operation or something, they might simply not give a fuck and their whole connection might be through some dark fiber to offshore.It is interesting but not a guaranteed slipup.
>>62832126Why aren't they keeping the keys on literal papers in literal vaults?>slowThen why not offer the user to choose this method for people who just hold and don't trade?
>>62834842The people that hold and dont trade dont keep it on a CEX
>>62832126the last final rugpull on cryptogoys?
>>62834865I've heard he was able to send it to aave before they froze the funds and took a loan with it.
>>62834699true but its still the biggest heist in crypto history, it just goes to show all the security in the world won't protect the market from a dev being compromised>>62834705>where would he sellhe's been selling through DEXes
>>62834829yeah its probably those Lazarus gooks
what's even the point of stealing tether when they know they can't do anything with it?
There are smoothbrains on this board RIGHT NOW who panic sold near the bottom
>>62832341Oh, it's you.
>>62832512Priced in
How can Binance guarantee refunds?What are they even investigating?They've been entirely drained. its over.
>>62834313he tried to buy eth onchain with the funds, but instead of one clipping it and sending eth to 10k+ in one candle he tried to DCA slowly only pumping it to 2700 before they froze. both retarded and greedy.>>62834235all bullish trends have been broken and theres infinite bearish catalysts in the next 6-12 months. start the dca under 60k and expect to go as low as 20-30k
>>62832126Babby's first hack?Funds are safu. Funds will always be safu. What do you not understand?
https://x.com/binance/status/2115993361517891592>one developers laptop was compromised>this allowed the hacker to steal every penny from us even without any keysdamnfuture of finance baby
>>62832333They didnt touch the BTC? Wut?
>>62832141think bigger https://en.wikipedia.org/wiki/Wall_Street_crash_of_1929
>>62834905Insurance
>>62834905It was 1 hot wallet out of dozens. And most of their funds are in cold storage. They're holding like $150B in customer funds, so this was a small amount of their holdings
>>62834914>all bullish trends have been broken and theres infinite bearish catalysts in the next 6-12 months. start the dca under 60k and expect to go as low as 20-30kthis is just retarded bobo posting, BTC is never going that low faggot. "infinite bearish catalysts" get the fuck out of here
>Digital gold
>>62834937uhu, sure sure, can't withdraw tho
>>62834905because no actual money was stolen
>>62835006Are you retarded or something? Everyone can literally see everything on-chain
>>62834555Checked for moon
>>62835023funds not safu
>>62832126fundus unsafu
>>62834999Checked and kekd
>>62833318lmao LARPer
>>62834923hmm interesting, I wonder if they will repeat the same pattern of "black Thursday" and then "black Tuesday" in this occasion. Earlier a /pol/ psycho made a thread about a big happening next week, let's see what they might have prepared this time.
kek
>>62832341nigger duck out of luck how many in your party
>>62835469>Bad when a chain is slow in usage>Good when its slow for a robberyWell
>>62835469it sounds like the kind of stuff that an AI agent will exploit easily
>>62835146...where exactly is the 'larp' here?The absolute fucking state of this website
>>62832260>first patrick stewartSecond you mean. First was Walter Koenig.
I hope best korea buys some nice rocket components with this.Eventually the rocket part sellers will purchase more bitcoin with their profits.Boosting bitcoins priceBullish
god I wish I did this
>>62836681Get your begging bowl brother, we are contacting the hacker. Somehow.
>>62835469>noncesWhat?
>>62836736People who like kids
>>62832126Was it the north koreans?
>>62836736Lots of nonces on /biz/
>>62836736n-once
>>62833061Retard.
>>62832126Is it safe to redeem now?
>>62835469lowest IQ twitter take I've seen in months
>>62832126north koreans at it again i seecommunist love capitalism after all
>>62832126NONOW COINSWITCH NOOOO
>>62832482EVEN HACKERS WONT TOUCH CHAINLINK
>>62837214BLOODY BANCHODS
>>62837228I saw someone claim he/she or it dump them right away.
future of finance lol
>>62832226CZ probably stole it himself.
>>62832126binance makes like 10-20 bil per year in revenuea net margin of 20% would mean 2-4 bil of profit per yearit's absolutely not a nothingburger, if they can't recover these funds they will have to operate for 1-3 years just to cover that damage alone
They will end up recovering most of it, its impossible to cash out 1 billion from crypto without doxxing yourself.
>>62837794https://techcrunch.com/2026/10/30/north-korean-hackers-blamed-for-stealing-record-6-3b-in-binance-breach/Doubt it's getting recovered/
>>62837808Chyner will get that money back from their vassal state one way or the other. This is 'losing face' until they retaliate
>>62837825
For 5 years I did not need my crypto to pay for anything. Now I wanted to withdraw to pay for something I need and the moment I want to do something like that, the biggest crypto hack happens and the nigger blocks withdraws.This world is a sick simulation to make me suffer.
>>62832803Hahaha thats fuckin funny. Shoulda bought xrp
>>62834118>gold crashingIT WAS SUPPOSED TO BE THE SAFE BET!
>>62837869>non sequitor reaction imageI don't even have a binance account (because fucking why lmao), but yeah just ignore how china and nk conduct their relations if you wantUnless you actually think I meant they'll go strongarm them for the actual tokens (because if I was really stupid and only posting in bad faith that's what I'd assume as well) which is obv never happening
>>62837896It really do be like that
>>62837896Almost same. I saw that the price was going down and thought it was a good time to finally transfer from Binance only to discover it was because from a hack.
>>62837760Binance paid a 4.3B settlement to the US government in 2023 due to lack of money laundering controls. The fee was proportional to the offence and of a size deemed possible for the company to handle without going under. Binance is 2x the size it was in 2023, so it can likely absorb the 3B in moved funds that did not get frozen.
>>62837214MAKE IT STOP AAAAAAAAAAAAAAAA
Supposing I go back in time, how can I benefit from this hack? What actions would lead me to profit from this?
>>62839462>that picO I am laffin
>>62840352feels like we're shadow boxing shadow people high on meth
NOT YOUR KEYSNOT YOUR COINS
>>62837214kEK
>>62836736my new memecoinbuy it pretty please uwu