The weekend’s biggest question: the $6.3 billion Binance heist—suspects are coming to light.
Trump has spoken personally, saying the U.S. is investigating whether North Korean hackers were behind it. Moving $6.3 billion in 20 minutes takes a level of execution that doesn’t look like the work of a ragtag crew. Think of how Lazarus handled the $1.5 billion Bybit hack: laundering it slowly and cashing out over several years. So the $3 billion frozen on-chain is actually safe in the short term—they’re in no rush to move it.
What’s interesting is that when a head of state personally gets involved in a crypto theft case, it has already become a matter of national importance. If North Korea is confirmed to be responsible, recovering the funds will become much harder—but the stakes for sanctions and geopolitical maneuvering will change completely, too.
The Middle East hasn’t let up either: MSNOW is floating the possibility of a strike on Iran the day after the November 4 election; another supertanker was hit in the Strait of Hormuz last night; there were 34 attacks in October, a new monthly high since the war began; and Brent crude is at $117. Weekend liquidity is paper-thin, but the blows just keep coming.
Binance aims to restore withdrawals in stages within 34 hours and will publish a PoR report on Monday. Self-custody, watch out for phishing, and keep your hands in check.
NFA DYOR
$BTC $ETH $BNB
#比特币 #币安 #朝鲜 #安全事件 #MiddleEastSituation
Trump has spoken personally, saying the U.S. is investigating whether North Korean hackers were behind it. Moving $6.3 billion in 20 minutes takes a level of execution that doesn’t look like the work of a ragtag crew. Think of how Lazarus handled the $1.5 billion Bybit hack: laundering it slowly and cashing out over several years. So the $3 billion frozen on-chain is actually safe in the short term—they’re in no rush to move it.
What’s interesting is that when a head of state personally gets involved in a crypto theft case, it has already become a matter of national importance. If North Korea is confirmed to be responsible, recovering the funds will become much harder—but the stakes for sanctions and geopolitical maneuvering will change completely, too.
The Middle East hasn’t let up either: MSNOW is floating the possibility of a strike on Iran the day after the November 4 election; another supertanker was hit in the Strait of Hormuz last night; there were 34 attacks in October, a new monthly high since the war began; and Brent crude is at $117. Weekend liquidity is paper-thin, but the blows just keep coming.
Binance aims to restore withdrawals in stages within 34 hours and will publish a PoR report on Monday. Self-custody, watch out for phishing, and keep your hands in check.
NFA DYOR
$BTC $ETH $BNB
#比特币 #币安 #朝鲜 #安全事件 #MiddleEastSituation