W

Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss

Finance
Share
Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss

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

Source：CoinDesk

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Here's how big bitcoin traders responded after the Binance hack hit

Your dayahead look for Oct. 30, 2026 Source：CoinDesk

Zcash grants group offers $124M compromise as governance backlash grows

Zcash Community Grants proposed redirecting about $124 million in existing and future funding toward mining rewards, but critics say the plan fails to address…

Amazon’s and Intel’s stocks are set to plunge. But Wall Street’s October winners may surprise you.

A rough month in the technology sector was less spooky in other sections of the stock market. Source：MarketWatch

Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack

Bitcoin held above $76,000 after a $6.3 billion Binance hack and a techstock selloff, as momentum indicators pointed to a possible rebound. Source：Cointelegraph

Source：https://www.coindesk.com/tech/2026/10/30/here-s-how-one-ethereum-permission-let-an-attacker-drain-usd2-5-billion-from-binance