BINANCE HACK: the full story
> oct 28: a wallet gets funded through tornado cash
> oct 29, 16:00 UTC: it deploys a malicious contract
> 20:20: binance hot wallet 14 signs a permission pointing to it
> 20:24: one tx sweeps wallet 14: 167K ETH + 1.6B USDT
> 24 seconds later, wallet 16 sends 28K ETH to the same address
> 20:42: 780M USDC leaves wallet 34
> 20:45: BTC drops $2,500 in one candle, $627M in longs wiped
> 21:11: tether starts freezing, 1.567B USDT locked
> 21:13: circle freezes 823M USDC
> 21:15: @cz_binance: "it does look like a hack"
> 21:29: @binance: "user funds are completely safe"
> another $200M USDT drained since, still ongoing
$5.6B left binance across ethereum, bitcoin, tron and L2s. $2.37B frozen. the ETH is still moving
THIS IS THE BIGGEST HACK IN CRYPTO HISTORY 😱 can binance recover from it?
the binance hacker just did something genius and it should scare you
tether froze $1.5 billion in stolen USDT. circle froze $800 million in USDC. everyone's celebrating like the problem is solved
meanwhile the hacker deposited the stolen USDT on aave, borrowed ETH against it, and walked away. because USDT can be frozen. ETH can't
he's never paying it back. he doesn't need to
tether and circle just proved they can freeze billions in seconds. and the hacker just proved that if you know how defi actually works, none of that matters
the freeze saved some of the money. but the smartest money was already gone before anyone pressed the button
Big week ahead for stocks and crypto 👀
Monday 🇺🇸
Markets reopen after AI leaders call for slower development.
Tuesday 🇺🇸
CLARITY Act procedural vote in the Senate.
Wednesday 🇺🇸
Fed interest rate decision.
Thursday 🇬🇧
Bank of England interest rate decision.
Friday 🇯🇵🇺🇸
Japan’s CPI report, BOJ interest rate decision and quarterly U.S. options expiration.
Which event will move markets the most?
#AGLD
I have just added few AGLD amount in my long term holding balance, AGLD is also perfectly aligned very well in local cycle to consider. Momentum is building and a small push can trigger AGLD impulsive behaviour.
#SOL
SOL failed to produce breakout of inverse H&S formation and is now producing another swing. Breakout level is still valid and can be considered. Structures internal liquidity is 98.5
Official Regulatory Advisory by PVARA
Under the Virtual Assets Act, 2026, virtual asset services fall within PVARA's regulatory perimeter and require prior authorization before commencement or public announcement.
PVARA welcomes responsible innovation and encourages early engagement. Participants can leverage the Regulatory Sandbox, No-Action Relief Letters, and the NOC process to innovate compliantly.
https://t.co/XF5HTbC1Qd
While targeting liquidity, your area of interest should always be focused on pending/unfilled orders rather than stop hunting. Stop hunting produces volatility while pending order produce aggressive price action.
Remember, corrections are impulsive while recovery is frustrating and time taking. When chasing recovery, you are fighting against the time, the higher the time you stay the higher recovery profits you enjoy. #BTC#CRYPTO
"If I put $100 in Bitcoin in 2010, I'd have $730 million now."
No.
If you bought $100 of Bitcoin in 2010 and watched it go to:
$1k → $40k → $290K
and did nothing
Then watched $290K go to $26.3K
and still did nothing
Then watched $26.3K go to $2.5M
and still did nothing
Then watched $2.5M → $744K → $12.57M
and still did nothing
Then watched $12.57M deteriorate to $2.28M
Then watched $2.28M climb to $222M
and still did nothing
Then watched $222M shrink to $36.8M
and still did nothing
Then watched $36.8M surge to $730 million
and then for some reason finally decided to do something…
Then yes, $100 in 2010 would be worth $730 million today.
@WatcherGuru Global billionaire wealth: $18.3T
even if every billionare globally donated their entire networth it wouldn't be able to wipe out $38.56T.
Donating is a joke. The only way out is a global war/crisis that allows them to erase/delete the debt.