Latest on the Binance hack (09:04)
1. Total frozen: Binance’s official figure is about $3 billion; ZachXBT puts it at over $2.83 billion. Efforts to freeze more funds are ongoing.
2. The hacker has sold all of the UNI, ENA, PEPE, LINK, AAVE, ONDO, and WLD, converting them into 70,480 ETH (about $158 million). This includes 7.02 million UNI, 217.5 million ENA, and 7.77 trillion PEPE. Selling pressure on these tokens has largely cleared.
3. Arkham has identified the hacker as an entity and labeled 70 addresses.
4. SlowMist’s Cosine believes the hacker used EIP-7702 simply to make it easier to sweep hot wallets in bulk. The technique was crude, and the attacker practiced for several hours beforehand. The 7702 mechanism itself is not at fault.
5. Deposits and withdrawals remain suspended. Binance has not yet announced the final loss amount or released a full post-mortem.
Market prices (24 hours): BNB 694.8, down 7.98%; BTC 77052, down 4.91%; ETH 2214, down 5.78%. BNB has edged up from its low of 680.
1. Total frozen: Binance’s official figure is about $3 billion; ZachXBT puts it at over $2.83 billion. Efforts to freeze more funds are ongoing.
2. The hacker has sold all of the UNI, ENA, PEPE, LINK, AAVE, ONDO, and WLD, converting them into 70,480 ETH (about $158 million). This includes 7.02 million UNI, 217.5 million ENA, and 7.77 trillion PEPE. Selling pressure on these tokens has largely cleared.
3. Arkham has identified the hacker as an entity and labeled 70 addresses.
4. SlowMist’s Cosine believes the hacker used EIP-7702 simply to make it easier to sweep hot wallets in bulk. The technique was crude, and the attacker practiced for several hours beforehand. The 7702 mechanism itself is not at fault.
5. Deposits and withdrawals remain suspended. Binance has not yet announced the final loss amount or released a full post-mortem.
Market prices (24 hours): BNB 694.8, down 7.98%; BTC 77052, down 4.91%; ETH 2214, down 5.78%. BNB has edged up from its low of 680.