On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance’s own wallet.
Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss
More in Ethereum
See all
$605,320 in one day: Lido DAO treasury revenue jumps 6.4x its 7-day median
According to DefiLlama data and onchain records, the Lido DAO treasury saw revenue surge to $605,320 on the UTC day of October…
The Cryptonomist
55 minutes ago
The Binance Hack Breakdown: How Attackers Breached the Exchange and Moved the Stolen Funds
The reported $6.3 billion Binance hack involved suspected malicious EIP-7702 authorizations and multiple wallet drains. Attackers reportedly converted stablecoins, borrowed through Aave,…
TheNewsCrypto
6 hours ago
Six Days of Losses Leave Ether 5% Under the $2,360 Ceiling Bulls Need
At a Glance Ether fell for a sixth straight session and now trades far below its level of a year ago. Price…
Crypto Daily
6 hours ago
