How an Ethereum Upgrade Contributed to Binance’s $6 Billion Outflow
Key Highlights: A Binance wallet authorized an attacker-controlled smart contract to operate it on Thursday. Within under four minutes, approximately $2.5 billion worth of ether and tokens were siphoned from the wallet. Binance reports that the rapid drain was only a segment of an estimated $6.3 billion stolen in the broader exploit. Rapid Wallet Compromise ...
