At around 4:30 p.m. Eastern Time, when people in Asia were still asleep and people in North America were getting ready to leave work, the news suddenly broke: Binance had been hacked! The cause was the discovery that large amounts of cryptocurrency from Binance’s hot wallet were being transferred to money-laundering addresses. The reported amount stolen also rose from 2.5 billion at first to 3.3 billion later.

As of the time I’m writing this, the amount involved is already close to six billion dollars! This includes: $1.45 billion $btc $875 million $eth$234 million $trx$50 million $xaut$1.57 billion $usdt$823 million $usdc$75 million