Spectrum.eth 🦇🔊

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…

[🌲] TETHER FREEZES $971M USDT IN LIKELY BINANCE HACK, WITH NO UPDATE FROM BINANCE STILL

ok safe to say binance is pwned The biggest assets were approximately: • 1.615B USDT • 62.6M RLUSD • 29,934 wBETH • 11,372 XAUt • 6.19M UNI • 198.4M ENA • 7.175T PEPE • 27.8M USD1 • 2.26M LINK • 127,853 AAVE about $2.5B at the explorer’s prices. 1. The attacker deployed a delegate contract, 0x63e842b0...73e9c6fAe, from the relayer at 15:59 UTC. 2. About four hours later, the relayer submitted an EIP-7702 authorization transaction That installed the malicious 7702 delegate code on Binance 14. 3. The relayer then made a call to Binance 14, executing the delegate code, and transferring Binance 14’s ETH and token balances. 4. The calldata is labeled sweep(address, address[]). The second argument is a list of recognizable token-contract addresses plus the zero-address (eth). 5. The same relayer later used the same delegate to move 780M USDC from Binance Hot Wallet 34 into the same pool • The relayer 0x7C... was funded by three Tornado Cash 0.1 ETH withdrawals over the prior two days. • The same pool also received 28,005.6 ETH from Binance 16 24 seconds after the main sweep. • The pool then forwarded 195,460 ETH to a fresh, unlabeled EOA • That EOA has only one transaction and currently holds the 195,460 ETH. What's a bit unclear is why the relayer was needed in the first place. If they had the private keys to the Binance wallets, they could have just sent the assets out in an atomic bundle without needing a relayer at all. So it seems likely that they didn't have the private keys and instead just had the 7702 auth signatures, which must have been phished somehow. I think we can go ahead and assume DPRK.

Compiled a list of all crypto market makers, sorted from most trustworthy to least. Do you agree with the list?

remember when they tried to convince you $near was a winning asset this cycle?????

this is the face of someone caught with their pants down his facial expression and how he dismissed it at the end are all telltale signs

FaZe Banks explains why Kimchi partnering with Bottega Veneta is a huge win for the industry FaZe Banks: “He’s for sure gonna be able to leverage all this attention to go make $40,000,000. He's 22 years old” Ansem: “Bro he got a partnership with Bottega Veneta. That’s lit” FaZe Banks: “It is lit. I don't care if that's your cup of tea. I don't care if you want to wear Bottega but one thing is fact. We should all be able to come to the consensus, that is good for crypto” “Crypto's biggest issue has been swagless, aura-less. Objectively this is good for us like legitimately could be good for Bitcoin”

I promise you, putting your head down and staying out of the bullsh*t here will do you a lot of good Mute whoever you need to, limit your scrolling and actually give yourself a chance to focus Greatness is within your reach, if you block out the noise

Introducing the fastest crosschain swaps on the market. Crosschain transactions on @fomo now land in <1s. A week ago, we rolled out our own internal bridge to a small % of users. Public rollout of fomo bridge begins now.

There's so much opportunity to earn if you are a trader Top PnL winner had a $2k pnl on the Anthropic Pre-IPO Perps campaign, and took home $1.5k in rewards Weekly campaigns run on @joinfrontier so stay tuned for the next one, alpha for those looking to earn ontop of markets they trade already

Everyone is always rooting for you. Your parents want you to be a great son. Wife wants you to be a great husband. Your boss wants you to be a slam dunk hire. Every first date you’ve ever been on they’ve been rooting for you to get laid. Every time you started to tell a joke people hoped it would have a hilarious punch line. Your proximity to anyone is a reflection of themself, meaning the deck is never stacked against you, and your failures are completely your own

Everyone complaining about the Kimichi stuff. Have you considered that you are just old and that kind of content, whether you like it or not, is what resonates with super young people.

Your crosschain trades have been slow, broken and overpriced for months. Relay, used by Fomo & Pumpfun, has led traders to worse fills, missed trades and poor experiences. We refused to let this go on. Introducing Pump Bridge: 2x FASTER, 12x FEWER buy errors & the BEST fills 👇

Finally completed the looksmaxing dream I had Officially 6ft Left Panama last night after completing this procedure Thanks to the team at the clinic for the support Long road to recovery

there are NK / bad actors in the conference btw especially at high profile rich people events, expect them to be there lots of wolf in sheeps clothing

Important tips to survive token 2049: 1) never attend the conference itself - super boring and most of the speakers are v self-indulgent so you can hear the same thing for free in their endless podcast appearances 2) if a side event has a Luma invite then it's probably not worth going to 3) if a side event is at Marquee or Avenue, assume it will have 10x the max capacity turn up (mostly non-crypto people looking for a free drink) and plan to just stand outside for 3 hours 4) never go to Yishun...it's known for random cat murders but they would likely do the same to tourists 5) don't post commentary and pictures of hawker food as if you've found some hidden eating gem...you are an NPC conference attendee, not Anthony Bourdain 6) similarly don't post pictures of KOMA or other MBS shit and make reference to your fine dining experience, unless you want to dox yourself as having the same taste level as a first year student taking his mid-Sinkie gf out for her birthday dinner 7) never go to Mandala club - many people will tell you it's cool, but then you'll realise they are also members and much like memecoin bag holders are stuck in a perpetual hell of having to convince everyone (including themselves) that it's good 8) if you are out late at night and someone suggests 'let's go to Brix' - that someone is likely a sex offender...make your excuses and leave 9) never attend a party on a boat - it's like a normal party except there is no exit. You are stuck talking to people until it gets back to shore, which is often 3 hours too long 10) if you want to do some non-crypto things, don't do tourist stuff and instead go hike around MacRitchie or Bukit Timah...they're much nicer than the city centre