Binance Calling In The Authorities 🦇
In a fresh X post Teng explained that the first probes pointed to a sneaky entry via one DevOps engineer’s hacked laptop letting the bad guys slip into a service container for some shady withdrawals. But he warned folks not to pin it all on one person or a dumb click. To be clear the attacker pulled off something way more twisted than just swiping one engineer’s access. The investigation hasn’t blamed any single soul yet. Since the break-in hit Binance paused all withdrawals did a full security overhaul on the withdrawal system and yanked permissions from the compromised addresses. They even roped in law enforcement plus on-chain sleuths to track the stolen cash. A follow-up update revealed extra breach spots tho they kept the details hush for now. No private key leaks popped up and about 3 billion of that 6.3 billion got frozen on-chain thanks to blockchain partners. Customer funds stay totally safe and Binance is tapping the SAFU fund plus extra company cash to cover it all fr.Community Throwing Shade And Praise 💀
Some X users hyped the transparency and strong vibes while others just sighed in relief that bags stayed untouched. Yet the haters came out swinging hard with one NFT account straight up saying they wouldn’t trust Binance anymore. A crypto watchdog called the whole thing incompetent and warned that dumping more assets could tank the broader market. Even ex X product lead Nikita Bier roasted CZ with brutal nicknames and questioned that whole funds are SAFU line after this massive hack. The market felt the sting too as BTC dipped to 76300 and liquidated nearly 479 million in positions while ETH saw another 363 million wiped.Just another echo from the void by iconofsin.eth 💖
Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖
