#两地址约12.8亿枚USDT遭冻结 The Binance hack has left a lot of people confused. Let me explain it clearly in 3 minutes:
1. How did the hackers get in?
They used a new Ethereum feature called EIP-7702, which was originally designed to make wallet operations easier. The hackers tricked someone into signing an authorization, then took control of the hot wallet for themselves and emptied it in three and a half minutes.
2. How much was lost?
They transferred $3.5 billion in 40 minutes. On-chain firms have estimated the total at as much as $5.7 billion. Fortunately, Tether and Circle reacted quickly and have already frozen over $2.5 billion. CZ said the net loss was a little over $1 billion.
3. Does this affect our money?
The funds were stolen from the platform's hot wallet, not your account. He Yi promised full compensation, and Binance has $144 billion in reserves, so it can cover the loss.
4. What should we do now?
Don't click any links claiming to be for "compensation registration" or "official customer support"—they're all phishing scams. Withdrawals should resume within 48 hours, so be patient.
In short: They stole from Binance's vault, not your pocket. What are you panicking about?
1. How did the hackers get in?
They used a new Ethereum feature called EIP-7702, which was originally designed to make wallet operations easier. The hackers tricked someone into signing an authorization, then took control of the hot wallet for themselves and emptied it in three and a half minutes.
2. How much was lost?
They transferred $3.5 billion in 40 minutes. On-chain firms have estimated the total at as much as $5.7 billion. Fortunately, Tether and Circle reacted quickly and have already frozen over $2.5 billion. CZ said the net loss was a little over $1 billion.
3. Does this affect our money?
The funds were stolen from the platform's hot wallet, not your account. He Yi promised full compensation, and Binance has $144 billion in reserves, so it can cover the loss.
4. What should we do now?
Don't click any links claiming to be for "compensation registration" or "official customer support"—they're all phishing scams. Withdrawals should resume within 48 hours, so be patient.
In short: They stole from Binance's vault, not your pocket. What are you panicking about?
