Kano

Binance 🚨🚨is balance sheet restructuring & trying to stop a bank run that was likely already forming due to their internal bad debts or fractional reserve practices. . Binance is facing a massive liquidity crisis (maybe due to bad loans, FTX-style internal trading desk losses, or regulatory freezes). They need to lock up $6.3 billion in user funds without admitting insolvency. 🚨 They engineered a "hack" using the EIP-7702 vector. They move the funds to wallets they control. They freeze $3B of it (to stop the bank run on their own exchange) and let $3.3B "escape" into dormant BTC wallets and Uniswap swaps (which are likely wash trades back to their own market makers). They crash the market 4-5% to liquidate short positions and scoop up cheap assets. 🚨 Look at the forensic breakdown of the attack. In the span of 20 minutes, the attacker drained funds across ten different blockchains, including Bitcoin, Ethereum, Tron, Solana, XRP, Optimism, and Avalanche. 🚨 These blockchains do not share the same cryptographic curves or key types. Bitcoin uses ECDSA (secp256k1). Solana uses Ed25519. XRP uses its own variant of ECDSA. A single compromised laptop does not possess the magical ability to sign valid transactions across ten fundamentally different cryptographic architectures in 20 minutes. As TRM Labs explicitly noted in the forensic data, a single phished Ethereum authorization cannot explain Bitcoin, Tron, XRP Ledger, Solana, and layer-2 transfers all occurring simultaneously 🚨 If a real hacker compromised their laptop, they would have to navigate Binance’s internal infrastructure to access 10 separate, isolated hot-wallet signing services, bypassing hardware security modules and multisig requirements for each individual chain. That takes hours or days of lateral movement, not 20 minutes. 🚨 The only entity capable of executing simultaneous, validly signed withdrawals across ten different chains in 20 minutes is the exchange’s own internal automated withdrawal engine —🚨 According to the on-chain data, the attacker took 325 million USDT and swapped it for Ethereum on UniswapX at a 10 percent discount, paying a massive premium for speed. Professional market makers absorbed that trade. Why would an external hacker take a 10 % haircut on an irreversible, unsanctioned swap when they control the wallet? They wouldn't.⚠️⚠️🚨 Furthermore, the Bitcoin stolen was split into exactly 1,000 BTC chunks across 17 new wallets and then sat completely dormant. 🚨 It was not laundered. It was not moved to a mixer. It was organized into clean, institutional-sized blocks and parked. Hackers do not park stolen funds in neat, 1,000 BTC increments. Institutional custodians do this when they are restructuring balance sheets or moving funds to cold storage under their own control.🚨 The attacker even routed test transactions back to itself before the main sweep. This is the behavior of an internal engineer testing a deployment script.🚨 —- Binance is doing exactly what FTX did before its collapse, just with a more sophisticated smokescreen. They have halted withdrawals. They are promising to make users whole with money they do not have. 🚨 Within the next 30 to 60 days, Binance will slowly resume withdrawals for small retail users to maintain the illusion of solvency. Large institutional whales will find their accounts frozen indefinitely pending "investigation" into the hacked funds. The $3.3 billion in Bitcoin and Ethereum currently sitting in dormant wallets will not be recovered. It will be slowly commingled with other exchange flows over the next year to quietly plug Binance's internal holes. 🚨 You are watching a bank robbery designed to hide the fact that the largest exchange on earth is out of money. - kenhuangus.substack.com/p/ho… nbcnews.com/business/markets…

updated thesis: wen activity $JEANPHIL for two weeks the jp chats asked one question: wen activity jean had gone quiet. his instagram got banned after mass reports on oct 16, his last tiktok was oct 7, and his last own post on x was "things are in motion" on oct 21. the price had been sliding since tuesday, when it was $4.7M on wednesday jean finally answered, in the holders chat. his team did everything they could to get the instagram back, lawyers and internal contacts included, and they are confident it comes back. he said this time let them "properly structure things", the word ive been watching since sept 29, and that some projects waiting on the account are "particularly significant" on thursday greedoggo, the community lead, dropped the rest and jean reposted it. stella mccartney had personally invited jean to her paris fashion week show, and the content from that day is ready. 30+ collab requests came in from brands, artists, ai companies and media in 10 countries, in under a month. the plan is to launch everything once the account is back. the ban is permanent, but greedoggo says those can be reversed and the right people are on it jean even reposted a holder's meme about the wen activity crowd. then he wrote in the chat "the future is bright, team. patience" less than an hour later binance got hit by a suspected hack. tether and circle froze over $2B, btc broke its oct 24 low, solana memes lost 10% and jp went down to $2.8M with everything else the jp holders mostly sat through it. since binance got hit, not one jp trade has been bigger than $3K, and 87% of the wallets holding $100+ on sunday still do. they kept writing too, 455 new jp theses on fomo in five days mark douglas would call that thinking in probabilities. the first of his five truths in trading in the zone is "anything can happen", so u judge a position by its odds and never by one night. the odds on jean got better this week if ur new here, jean phil is the french ai character whose first tiktok has 15.8M plays. higgsfield, the ai video company nvidia just backed, used him as its example of an ai influencer going viral. $JEANPHIL is the coin jean called his only official one, the contract in his x bio i think $2.8M prices the wait and almost none of what is waiting behind it. i can be wrong tho, a brand deal pays jean and the coin only moves on the attention it brings. from $2.8M: - bear: zero. the instagram never comes back and ppl move on - base: back to the october top. $14M, 5x - bull: where the nietzschean penguin topped in january. $160M, 57x - super bull: where moodeng topped in 2024 and pippin, an ai character like jean, in february. $674M to $897M, 240x to 320x i think the account comes back and the stella content comes with it. till then we r not leaving lock in oui madame

Hyperliquid

Hyperliquid with the green dildos

Could you open a ticket in our Discord? We'll look into it. ^^ discord.gg/pearprotocol

Martial artist and knife fighting instructor Doug Marcaida shows how lethal a 'karambit' could be in the hands of an expert.

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