The most important crypto-related hack in historical past by greenback quantity simply hit Binance, with greater than $6.3 billion in affected belongings shifting on-chain. About $3 billion was frozen by means of stablecoin operators, however $3.3 billion has not been recovered. Bitcoin Journal TV breaks down what occurred, what Binance has mentioned, and why daily now looks like zero day for crypto safety.
Chapters:00:00 Binance Sees $6.3 Billion Transfer On-Chain in File Hack00:15 Binance Freezes $3 Billion as $3.3 Billion Stays Missing00:45 Polymarket Hack Drains $2.7 Million From Person Wallets01:13 Why Each Day Is Zero Day for Crypto Security02:45 What the Multi-Chain Hit Reveals About Binance Custody03:21 TRM Labs Ties the Assault to North Korea’s TraderTraitor04:49 How the Funds Flowed Via Stablecoins and Aave05:52 Can Binance Cowl the Losses? Solvency Questions07:31 Why Stablecoin Freezes Aren’t Freedom Technology09:07 Bitcoin Stays Resilient Via Hacks and Bear Markets
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