The entire hack of more than $5.6B USDT on #Binance
28/10: 1 wallet was funded via Tornado Cash 29/10 23:00: deployed 1 malicious contract 30/10 03:20: BNB hot wallet 14 signed an authorization only to itself 03:24: drained wallet 14 (167K ETH + 1.6B USDT) 24s later: wallet 16 sent 28K ETH 03:42: 780M USDC from wallet 34 03:45: BTC dropped $2500, $627M in longs liquidated 04:11: Tether froze 1.567B USDT 04:13: Circle froze 823M USDC 04:15: CZ: looks like a hack 04:29: Binance: user funds are safe
Another $200M USDT is still being withdrawn. $5.6B left Binance, $2.37B frozen.
$BNB continues to fall in price
Cindyyy
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❌️️️️️️️ User warning for #Binance ❌️️️️️️️
Binance is under attack involving malware injection into the user interface. $5.6B has been compromised and withdrawn from Binance just minutes ago, not $2.8B as rumored.
Of that amount, 971M $USDT has been frozen immediately.
Below are 46 wallet addresses related to this incident and the assets stolen from #Binance
According to #CZ , it seems everyone's money is still safe
However, the total losses from the hack have reached $5.6 billion, while Circle is only freezing over $800M USDC and Tether has only frozen 1.567B USDT
Binance is under attack involving malware injection into the user interface. $5.6B has been compromised and withdrawn from Binance just minutes ago, not $2.8B as rumored.
Of that amount, 971M $USDT has been frozen immediately.
Below are 46 wallet addresses related to this incident and the assets stolen from #Binance
This isn’t just about buying airline tickets with crypto.
What’s more noteworthy is that crypto is gradually becoming a practical payment method, rather than just an asset for speculation.
💳 Emirates has just integrated Crypto.com Pay, allowing customers in the UAE to pay directly on the website and app in just a few steps.
If a few years ago, many people would have seen this as a marketing campaign.
But now, things are different.
🇦🇪 The UAE is gradually building a complete ecosystem for digital assets: • Legal frameworks are becoming clearer. • Businesses are encouraged to adopt blockchain and crypto. • Dubai aims for 90% of financial transactions to be cashless before the end of 2026.
📈 That’s also why more and more major companies are starting to integrate crypto payments. Mass adoption won’t come from a single breakout event. It comes from small changes like this.
💡 At some point, paying with crypto may become as normal as swiping a card or using Apple Pay today.