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Attacker gets away with up to $3 billion from Binance (www.citationneeded.news)
submitted 1 day ago by 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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[–] 82 points 1 day ago (4 children)

Wow. Is this the biggest heist ever? Apart from Trump’s presidential grift and the SpaceX IPO ofc.

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  • [–] 6 points 8 hours ago* (1 child)

    Most heists are digital nowadays because most people neglect cybersecurity. But since we're talking cybersecurity, that's the next big sector to invest if you ask me, especially with threat of AI and quantum computers.

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