Mohab Ali retweeted
JUST IN: Kentucky man wins religious exemption allowing him to avoid using AI at work, arguing that “outsourcing his thinking” violates his deeply held beliefs.
Mohab Ali retweeted
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…
Mohab Ali 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.
Mohab Ali retweeted
🚨BREAKING: BINANCE HOT WALLET APPEARS TO BE DRAINED FOR ~$2.53B!
On-chain data shows a large outflow from a Binance hot wallet (Binance 14) involving roughly $2.53 billion across 60+ tokens on Ethereum, including a major ETH transfer.
The transaction that moved the funds was initiated by an address funded via Tornado Cash, with the assets sent to a fresh EOA.
The report remains unconfirmed.
Mohab Ali 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.
Mohab Ali retweeted
What it feels like when you start using a Chinese model and it actually just does what you want without a fucking condescending moral lecture.
