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HACK + MIDTERMSIs Binance still safe after the $6.34B hack? Honest take: I was scared when withdrawals paused. But let's look at facts. Binance already replenished 98% of funds from their own treasury, $2.85B frozen, and withdrawals restored in phases. Net outflow only 2.1% of $171B AUM. That says a lot about trust. And timing matters. US Midterms are done today Nov 3. Historically BTC bottoms around midterms and pumps +54% in the next 12 months. 2022 low was right after midterms FTX crash. This cycle low was July 1 at $57k. So FUD + extreme fear index at 12 = I'm more greedy than scared. What about you? Still holding on Binance? #USMidtermElections #Bitcoin #CryptoNews

HACK + MIDTERMS

Is Binance still safe after the $6.34B hack?
Honest take: I was scared when withdrawals paused.
But let's look at facts.
Binance already replenished 98% of funds from their own treasury, $2.85B frozen, and withdrawals restored in phases.
Net outflow only 2.1% of $171B AUM. That says a lot about trust.
And timing matters.
US Midterms are done today Nov 3.
Historically BTC bottoms around midterms and pumps +54% in the next 12 months.
2022 low was right after midterms FTX crash. This cycle low was July 1 at $57k.
So FUD + extreme fear index at 12 = I'm more greedy than scared.
What about you?
Still holding on Binance?
#USMidtermElections
#Bitcoin
#CryptoNews
Article
BINANCE OFFICIAL INCIDENT REPORT - Nov 4, 2026#BinanceIncidentReport SUMMARY On Oct 29, 2026, Binance suffered the largest crypto theft in history. $6.34B was drained from hot wallets between 20:05 - 23:56 UTC. FBI attributes it to North Korea's TraderTraitor / Lazarus Group. HOW IT HAPPENED - Multi-stage 6-month campaign: June 2026 - Initial Access: Wallet infrastructure engineer downloaded a tampered installer while setting up a popular AI coding tool. Supply chain compromise. September 2026 - Second Foothold: Second wallet engineer contacted via legitimate job platform. Fake interview with CEO of a fictitious company via chat app. Coding "assignment" contained malware. *Oct 20, 2026 - Privilege Escalation:* Attackers used compromised machine + an internal AI tool to find container deployment permissions on another wallet engineer's machine and steal credentials. *Oct 29, 2026 - Execution:* 17:15-19:56 UTC: Deployed malicious container and ran script. 20:05-20:09 UTC: Drained 233.46M XRP from 5 hot wallets in 4 minutes, then ∼970,500 SOL, 44.2M OP, 18,270 BTC. After that: Abused *Ethereum EIP-7702* to give their own smart contract partial execution rights over a hot wallet without exposing private keys. Last transfer 2,961.9 ETH at 23:56 UTC. Cleared at 00:10 UTC Oct 30. The attack continued for almost 4 hours _after_ Binance detected large transfers and started freezing withdrawals. *IMPACT & RECOVERY:* - *Total affected:* $6.34B - *Frozen / intercepted:* ∼$2.85B so far. Tether froze ∼$1.6B USDT, Circle $800M+ USDC - *User funds:* 100% covered by Binance. Emergency reserve + corporate treasury. As of Nov 1, *98% already replenished*, buying remaining illiquid tokens. - *Withdrawals:* Paused after detection. Phase 1 restored Oct 31 - processed $4.65B withdrawals in 9.5 hours, net outflow $3.64B = only 2.1% of $171B AUM. Phase 2 (Nov 3) restored 9 networks, 51+ tokens. CONTEXT: Binance said it had detected and blocked 57 other suspected North Korea-linked threats in 2026 before this one. Independent cybersecurity firms are now reviewing the incident. Binance is withholding some technical details to avoid helping future attackers.

BINANCE OFFICIAL INCIDENT REPORT - Nov 4, 2026

#BinanceIncidentReport
SUMMARY
On Oct 29, 2026, Binance suffered the largest crypto theft in history.
$6.34B was drained from hot wallets between 20:05 - 23:56 UTC.
FBI attributes it to North Korea's TraderTraitor / Lazarus Group.
HOW IT HAPPENED - Multi-stage 6-month campaign:
June 2026 - Initial Access:
Wallet infrastructure engineer downloaded a tampered installer while setting up a popular AI coding tool.
Supply chain compromise.
September 2026 - Second Foothold:
Second wallet engineer contacted via legitimate job platform. Fake interview with CEO of a fictitious company via chat app. Coding "assignment" contained malware.
*Oct 20, 2026 - Privilege Escalation:*
Attackers used compromised machine + an internal AI tool to find container deployment permissions on another wallet engineer's machine and steal credentials.
*Oct 29, 2026 - Execution:*
17:15-19:56 UTC: Deployed malicious container and ran script.
20:05-20:09 UTC: Drained 233.46M XRP from 5 hot wallets in 4 minutes, then ∼970,500 SOL, 44.2M OP, 18,270 BTC.
After that: Abused *Ethereum EIP-7702* to give their own smart contract partial execution rights over a hot wallet without exposing private keys. Last transfer 2,961.9 ETH at 23:56 UTC. Cleared at 00:10 UTC Oct 30.
The attack continued for almost 4 hours _after_ Binance detected large transfers and started freezing withdrawals.
*IMPACT & RECOVERY:*
- *Total affected:* $6.34B
- *Frozen / intercepted:* ∼$2.85B so far. Tether froze ∼$1.6B USDT, Circle $800M+ USDC
- *User funds:* 100% covered by Binance. Emergency reserve + corporate treasury. As of Nov 1, *98% already replenished*, buying remaining illiquid tokens.
- *Withdrawals:* Paused after detection. Phase 1 restored Oct 31 - processed $4.65B withdrawals in 9.5 hours, net outflow $3.64B = only 2.1% of $171B AUM. Phase 2 (Nov 3) restored 9 networks, 51+ tokens.
CONTEXT:
Binance said it had detected and blocked 57 other suspected North Korea-linked threats in 2026 before this one.
Independent cybersecurity firms are now reviewing the incident.
Binance is withholding some technical details to avoid helping future attackers.
#BinancePick Always excited to see the markets currently taking place. Now that we're entering the weekend, many markets will be happening tomorrow—time to earn more points.
#BinancePick
Always excited to see the markets currently taking place.
Now that we're entering the weekend, many markets will be happening tomorrow—time to earn more points.
#BinancePick This Binance event has now entered its second week, and it's getting more exciting to follow. I'm increasingly excited to see how the market is going, because I didn't make it in the first week. I hope to make it onto the top of the leaderboard in week two. [binance pick](https://app.binance.com/uni-qr/prophet?from=share&seasonId=prophet_1019_s1&ref=109352646)
#BinancePick

This Binance event has now entered its second week,
and it's getting more exciting to follow.
I'm increasingly excited to see how the market is going, because I didn't make it in the first week.
I hope to make it onto the top of the leaderboard in week two.

binance pick
What is Tetreum ($TET)? 🟣 > > Next-gen blockchain on BSC—not just a token, but an ecosystem. > > ⚡ Fast & low-cost—Proof of Authority, EVM compatible > ⛏️ Mine TET daily using just your phone > 💰 Staking + Spin-to-Win + Referral rewards > 🔒 Fixed supply of 1B TET #btc #eth
What is Tetreum ($TET)? 🟣
>
> Next-gen blockchain on BSC—not just a token, but an ecosystem.
>
> ⚡ Fast & low-cost—Proof of Authority, EVM compatible
> ⛏️ Mine TET daily using just your phone
> 💰 Staking + Spin-to-Win + Referral rewards
> 🔒 Fixed supply of 1B TET

#btc #eth
#BinancePick Come join this event and predict the ongoing market. Good luck—the prize pool is huge! https://www.binance.info/prophet?seasonId=prophet_1019_s1
#BinancePick Come join this event and predict the ongoing market. Good luck—the prize pool is huge!

https://www.binance.info/prophet?seasonId=prophet_1019_s1
Verified
Article
FED Rate WatchHot CPI at 0.3%, 25bp Hike This Week Almost Certain? Data doesn’t lie. Core CPI in August rose 0.3% MoM—above market expectations. Fed Fund Futures pricing immediately jumped; the odds of a 25bp hike this week breaking through ~90%. The question isn’t anymore "will they hike?" but "is this just a one-time move or the start of a new cycle?" 1. Will There Be a Rate Hike This Week? One-Off or a Long Cycle? My answer: YES, there will be a 25bp hike this week. Why? The Fed has no choice. With Core CPI sticky at 0.3% MoM, if they hold = the market assumes a dovish stance and inflation runs wilder. Powell will definitely choose to protect credibility.

FED Rate Watch

Hot CPI at 0.3%, 25bp Hike This Week Almost Certain?
Data doesn’t lie. Core CPI in August rose 0.3% MoM—above market expectations. Fed Fund Futures pricing immediately jumped; the odds of a 25bp hike this week breaking through ~90%.
The question isn’t anymore "will they hike?" but "is this just a one-time move or the start of a new cycle?"
1. Will There Be a Rate Hike This Week? One-Off or a Long Cycle?
My answer: YES, there will be a 25bp hike this week.
Why? The Fed has no choice.
With Core CPI sticky at 0.3% MoM, if they hold = the market assumes a dovish stance and inflation runs wilder. Powell will definitely choose to protect credibility.
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