BINANCE HACK: the full story
> oct 28: a wallet gets funded through tornado cash
> oct 29, 16:00 UTC: it deploys a malicious contract
> 20:20: binance hot wallet 14 signs a permission pointing to it
> 20:24: one tx sweeps wallet 14: 167K
$ETH + 1.6B USDT
> 24 seconds later, wallet 16 sends 28K ETH to the same address
> 20:42: 780M USDC leaves wallet 34
> 20:45: BTC drops $2,500 in one candle, $627M in longs wiped
> 21:11: tether starts freezing, 1.567B USDT locked
> 21:13: circle freezes 823M USDC
> 21:15:
@CZ : "it does look like a hack"
> 21:29:
@Binance Square Official : "user funds are completely safe"
> another $200M USDT drained since, still ongoing
$5.6B left binance across ethereum, bitcoin, tron and L2s. $2.37B frozen. the ETH is still moving
THIS IS THE BIGGEST HACK IN CRYPTO HISTORY 😱 can binance recover from it?
$BNB $BTC #BitcoinDropsBelow$80K #FedWatch #TrendingTopic