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BNBChain & Binance Maxi #BinancialAdvice

BNBChain
Joined January 2011
Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)Photo by CryptoJones (@CryptoJones2011)
CryptoJones retweeted
Withdrawals restored for: - Ethereum: USDC, USDT, ETH - BNB Smart Chain (BSC): USDC, USDT, BNB
Withdrawal Update Withdrawals have now been restored for the following assets and networks: - Ethereum Network: USDC, USDT, ETH - BNB Smart Chain (BSC): USDC, USDT, BNB We will continue to restore additional assets and networks in phases following the completion of our security checks. Further updates will be shared through official Binance channels.
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CryptoJones retweeted
Update: First batch network now opened in phase one of withdrawals is $BTC bitcoin network
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CryptoJones retweeted
Service Update Deposits remain unaffected and continue to operate as normal. Withdrawals remain paused while our team completes a security revamp of the withdrawal service and its related addresses. We expect to resume within 48 hours, and will update with further details. The incident stems from multiple factors. Our security team is tracing the full attack path through the compromised computer which may be the entry point of the incident. A comprehensive report with the root cause will follow. We will continue to share updates through official Binance channels.
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CryptoJones retweeted
I want to speak to you directly about what happened. Bottom line - your money is safe, and we're covering every loss. Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions. To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual. So far, we have found no evidence of any wallet private key leak. We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete. What you need to know: • Your funds are safe • Binance will cover all losses from the SAFU fund and company funds • Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners • No evidence of any wallet private key leak • Deposits are unaffected and operating as normal What we've done: • Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses • Revoked the affected address authorizations • Engaged law enforcement and blockchain intelligence partners to trace and recover funds Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.
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Binance hot wallet drained of more than $2.5 billion in USDT, ETH, and 62 other tokens. • Transaction was from a wallet funded by Tornado Cash on October 28th, leading me to believe it was a hack. • Was an EIP-7702 delegation takeover followed by a batch sweep 3 and a half minutes later. • Signature was valid meaning it could have been a stolen key or compromised signer. I didn't see any initial evidence of something like a signature verification bypass. Transaction: etherscan.io/tx/0x53bd38b816…
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CryptoJones retweeted
User funds are safe! It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
[🌲] TETHER FREEZES $971M USDT IN LIKELY BINANCE HACK, WITH NO UPDATE FROM BINANCE STILL
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CryptoJones retweeted
Everyone worried about AI hacking crypto, but the internet and banking systems rely on weaker encryption. That said, AI doesn’t need to break Bitcoin’s cryptography to cause damage, leaked data already enables more phishing, social engineering, etc, Stay SAFU!
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CryptoJones retweeted
PancakeSwap does not use PHP anywhere in our tech stack, and our platform is not affected. Your funds are safe.
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CryptoJones retweeted
The 37th quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC). ~1.64M $BNB has been burned, worth approximately $1.197B USD 🔥 View the details of the burn below 👇 bnbchain.org/en/blog/37th-bn…
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CryptoJones retweeted
GM all 👋 This week on YZi Talent: @PancakeSwap: Head of Marketing, Senior Backend Developer, Quant Developer, BD Lead and more. @FinTax_Official: Product Manager, BD Manager and more. 55 open roles across 26 of our portfolio companies. Apply 👉 talent.yzilabs.com
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CryptoJones retweeted
One security tip. When you buy a hardware wallet (or download a new software wallet), leave it for a couple of weeks before moving any meaningful amount of funds to it. And follow the news in those weeks (and after), for hacks, etc. Hardware can be tempered with, software official website can be hacked. Self custody comes with extra responsibilities. I wrote about this 6 gears ago here binance.com/en/blog/from-our… Stay SAFU!
⚠️ Beware if you use a Ledger hardware wallet, especially if you bought one recently. Based on information so far, it seems to be localized to a supply chain attack with one vendor. A small number of people probably bought fake (or tampered) Ledgers. Ledger is one of the most secure and oldest hardware wallets in the industry. Stood the test of time. But these things happen. I expect and know all BNB ecosystem players (and all industry) to help trace and recover the funds.
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CryptoJones retweeted
⚠️ Beware if you use a Ledger hardware wallet, especially if you bought one recently. Based on information so far, it seems to be localized to a supply chain attack with one vendor. A small number of people probably bought fake (or tampered) Ledgers. Ledger is one of the most secure and oldest hardware wallets in the industry. Stood the test of time. But these things happen. I expect and know all BNB ecosystem players (and all industry) to help trace and recover the funds.
Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses. Reach out to Ledger customer support through official channels with any questions: support.ledger.com/
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CryptoJones retweeted
BNB Chain is now live on @Phantom 👻!
BNB Chain is live on @Phantom 🟡 Make sure you’re on the latest version of the app to start trading.
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CryptoJones retweeted
6 YEARS. ALWAYS COOKING. 🥞 Six years ago, we opened our doors with an idea. Today, PancakeSwap powers liquidity across multiple ecosystems, ranks among the most trusted names in DeFi, and remains one of the most active hubs in all of crypto. → $4.4T+ traded → 203M+ users → Billions in tokenized asset volume → 11 chains, live And we're just getting started. The oven's on, and the next few months are one of the biggest stretches in PancakeSwap's history. We've never been more bullish on what's ahead. gPancake
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CryptoJones retweeted
the chart is literally composing itself
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CryptoJones retweeted
Why do some people think banks need to be scared of blockchain? or banks need protection? Blockchain is faster, cheaper, and more easy to verify way of transferring value. Blockchain is an open technology anyone can use, including banks. 🤷‍♂️
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CryptoJones retweeted
🥞 Weekly CAKE Stats Net CAKE Mint: -597k CAKE (-$1.31M) Total Product Burns: 749k CAKE ($1.65M) +29% 🔥 Burn Breakdown: ➤ AMM v2: 250k CAKE ($549k) -2% ➤ AMM v3: 459k CAKE ($1.01M) +59% ➤ AMM Infinity: 10.8k CAKE ($24k) +10% ➤ Other Sources (Prediction, Perpetual, etc.): 30k CAKE ($66k) +9% Proof of burn 🔍 bscscan.com/tx/0xaf219f0744c… Burn Dashboard 📊 pancakeswap.finance/burn-das…
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CryptoJones retweeted
PancakeSwap just crossed 200,000,000 users 🥞🔥 Across crypto, tokenized stocks & ETFs, memecoins, commodities & more. Say gm if you've traded with us.
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CryptoJones retweeted
Who wants to see $CAKE break its all-time high of $44? 🚀🔥 Are we ready for the next leg up and touch 5$? 👀📈
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