
How about $3.8 billion left Binance in 90 minutes, explained simply
·4 min read
Based on public blockchain data up to about 22:15 UTC, Oct 29. Where we're guessing, we say so. On the evening of Oct 29, billions of dollars in crypto left Binance's wallets and landed in wallets
Based on public blockchain data up to about 22:15 UTC, Oct 29. Where we're guessing, we say so. On the evening of Oct 29, billions of dollars in crypto left Binance's wallets and landed in wallets controlled by an attacker. Most headlines say $3.55 billion. Following the money ourselves on the blockchain, we count closer to $3.8 billion, spread over three blockchains and taken in two different ways. Here's what happened, in plain English. First, Hot wallet: a wallet an exchange keeps online so i
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