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Attacker gets away with up to $3 billion from Binance (www.citationneeded.news)
submitted 1 week 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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[–] 26 points 1 week ago*

It's literally true though. There's a very easy way to never have to worry about being a part of these hacks, and that's by never leaving anything in exchange wallets.

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