despite my online behavior, im actually a professional irl and not fully retarded
Finance
Joined October 2023
- Tweets28.7K
- Following1.1K
- Followers4.1K
- Likes88.9K
Hopefully the emphasis is on the word “initial” here id hate to know one dev ops engineer for the largest cex has access to ~4%+ of platform’s reserves
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
Well on the bright side, days like today I’d go home to stare at charts alone. Now I go home to stare at charts with a cat
Glass half full
Didn’t remember cats being this playful at 5.5 mos old, would’ve anticipated this from a kitten kitten but certainly not disappointed
Learning shadows and his own tail lmao
