Manny retweeted
My biggest concern is that if there is a clean sweep by Democrats of the House, Senate and Presidency in 2028, they will:
1. Make DC and Puerto Rico states to gain a strong majority in the Senate.
2. Open the borders and legalize everyone living in America illegally to cement a permanent majority.
3. Increase the size of the Supreme Court to gain an immediate majority.
This would result in America becoming a permanent one-party state and the end of democracy in any meaningful sense of the word.
All that is needed to ensure this doesn’t happen is 51 Republican senators in 2029. That is why you should vote for Republican senators this election. Other reasons are irrelevant compared to this one.
Manny retweeted
Binance situation is ongoing but a few comments —
1. Client assets in @bitwise solutions —across vaults we curate, private funds, ETFs— are safe. We will continue to monitor the situation.
2. Markets (both spot and lending) will likely be choppy for a bit. The crypto industry will survive this and be stronger for it. As will @binance who has the industry's support.
3. Cyber defense is an essential topic for all firms this year. And will continue to be.
As ever, committed to being a good steward for our clients and a good partner.
Manny retweeted
⚡️ NOW: Coinbase CEO Brian Armstrong says Coinbase has blocked transfers to compromised wallets and offered help to Binance.
“Moments like this call for the industry to work together.”
Manny retweeted
User funds are safe.
Binance will cover all hacking losses.
Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
Manny retweeted
Everyday is Zeroday
BREAKING: Binance has been hacked with wallets across the Ethereum, Bitcoin, and TRON networks seeing outflows of -$5.7 billion.
The hack includes $1.45 billion worth of Bitcoin and $875 million worth of ETH.
If confirmed, this would mark the biggest hack in crypto history.
We expect more information shortly.
HODL
JUST IN: Over $1.3 billion in leveraged crypto longs have been liquidated in the past 5 hours.
This comes after Binance was hacked, with an estimated $5.7 billion in cryptocurrency stolen, making it the largest hack in crypto history.
Bitcoin, Ethereum, and other cryptocurrencies continue to dump, with $BTC falling under $77,000 and $ETH falling below $2,215
Manny retweeted
JUST IN: DOJ uncovers international fraud scheme using stolen American identities & AI-generated "ghost students" to steal hundreds of millions in federal college aid.
Manny retweeted
When crypto people say you can see everything onchain, this is what they’re talking about. ⬇️👀
Binance hot wallets lost ~$6.28B across 8 chains today. $6.07B went in the first 55 minutes, and the attacker kept re-sweeping one Ethereum wallet for two more hours.
Since then Tether, Circle, Ripple, Paxos, World Liberty and Binance have frozen ~$2.80B. About $3.27B can still move, mostly BTC and ETH.
I traced it all on-chain, including how the attacker raced the freezes 🧵
Manny retweeted
JUST IN: Binance issues statement following suspected crypto hack.
"Our teams are aware of reports of a potential security issue and are actively investigating. At this stage, we have not confirmed any impact to user funds.
Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information. "
Manny retweeted
🚨 UPDATE: Binance says the verified frozen amount from the hack has climbed to about $3B, up from $2.54B earlier.
