Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
doncrypto retweeted
User funds are safe!
It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).
I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
Update on Ledger devices at MediaMarkt Saturn 🔽
As of Oct. 13th, MediaMarkt Saturn has stopped, with Ledger’s alignment, the sale of Ledger devices in their stores and online while the investigation continues, following the report of an implant from one customer in Germany. No loss of funds were reported.
We have no indication that Ledger's infrastructure, systems or services were compromised. Ledger Support is reviewing user reports, and Ledger’s cybersecurity experts, the Donjon will be examining the devices we receive: support.ledger.com.
If you have questions about a device you bought, contact Ledger Support at support.ledger.com. Ledger will never call you, message you directly or ask for your 24-word recovery phrase.
Many claims and figures circulating online are unverified. Scammers often try to take advantage of incidents like this. Rely only on official Ledger and MediaMarkt Saturn channels for updates. We will share more as the investigation continues.
Readers added context they thought people might want to know
Ledger claimed MediaMarkt Saturn stopped selling Ledger devices in stores and online as of Oct. 13. Reports show a store was still selling them hours later with staff unaware, and products remain listed on MediaMarkt sites.
x.com/0xJohannes_/st…
cointelegraph.com/news/mediamark…
mediamarkt.de/de/product/_le…
mediamarkt.at/de/product/_le…
doncrypto retweeted
tomorrow I’ll be heading to the west coast of Veraguas, one of the areas hardest hit by the earthquake, to deliver water, medicine, non-perishable food, diapers, and baby formula to affected families.
any contribution, no matter how small, can make a real difference👇🏼
ERC20
0x9c51436697417c12e824a58f7f0124816f65c27f
SOL
DJzY1HGD3rAs5pvdqzqNMw2XPUo9HxxNfhbkemNwojKn
BTC
bc1qyjwx37vv0hr7xte0rqyah5gk8d26y4zkvc3r4w
doncrypto retweeted
2017 we had a year of 10-100x runs across at least 75% of the entire alt market.
2020/21 we had 10-100x runs across at least 7.5% of the entire alt market.
2026 we’re having 2-3x runs across at least 0.0075% of the entire alt market and are euphoric.
Diminishing returns are a bitch man. Cancel anyone that aligns themselves with Pumpfun and other extraction facilities.
doncrypto retweeted
It's easy to like socialism in a college seminar. It's a lot harder to like it in a bread line.
Regarding the OpenAI case, the judge & jury never actually ruled on the merits of the case, just on a calendar technicality.
There is no question to anyone following the case in detail that Altman & Brockman did in fact enrich themselves by stealing a charity. The only question is WHEN they did it!
I will be filing an appeal with the Ninth Circuit, because creating a precedent to loot charities is incredibly destructive to charitable giving in America.
OpenAI was founded to benefit all of humanity.
doncrypto retweeted
Forever grateful for crypto man. Without satoshi I’d be a permanent wagie. Even I take a moment now and then and acknowledge how ridiculously lucky I was.
Everyone saying class of 2017 and before had it stupid easy is correct. Born at exactly the right time I can’t even lie.
doncrypto retweeted
Be James Wynn
- unknown guy from a small town in the UK
- no background in finance
- 2023 discovers crypto
- finds PEPE early
- turns ~$7K into millions
- peak reaches ~$83M unrealized
- becomes “main character”
- starts trading memecoins
- first accusations of pump and dumps
March 2025 joins Hyperliquid
- discovers leverage
- starts using 40x positions
- makes ~$46M in weeks
- opens a $1.27B BTC long
May 2025 market turns
- gets liquidated over and over
- loses ~$85M+ in days
- asks followers for donations
- gets ~$50K
- sends part back to trade again
- keeps opening 40x positions
March- April 2026
- 6 liquidations in 2 weeks
- account goes from millions to $900 in just 1 year
- no comeback
- starts promoting his presale
- raises $5,000
- calls for a “meme takeover”
from $83M to basically zero
one of the clearest examples of what leverage does to you
doncrypto retweeted
My far left millennial brother in law loves what's happening in NYC. He gets his views from Twitch (Destiny, Hassan, etc) & Reddit, so I'm confident he's similar to other leftists.
I picked his brain and here's what I can tell about the normies on the left:
1) He's glad not to live in NYC and pay those taxes. He admits this is completely hypocritical. He seems to view the state as a means to punish enemies.
2) I told him these types of tax seizures have failed in every country when tried, over all of human history. He doesn't care. I'm unclear if he can't think of 2nd order effects, or the punishment of his enemies is the point.
3) He plays dumb / pretends not to understand when there's something that makes liberals look bad. "Huh, I don't know about that, <subject change>." I don't know where liberals learned this, but it's weird when you trip it.
4) Woke not only isn't gone, it's stronger than ever. The difference now is liberals don't share their opinions as openly as before. I think they understand, on some level, their views can't withstand reality. I experience this when traveling, too. Liberals keep their thoughts to themselves if they hear I'm from Florida. They'll wrap up their mentally ill conversations when I walk up. In previous years, they assumed everyone held their views.
5) DEI is still their god. My brother in law was a huge Kanye fan. We made fun of him because Ye came up in every other conversation somehow. So when seeing him recently, I asked when we were going to a Kanye concert to HH as a family. My brother in law disavowed ever liking Kanye. And then the conversation got contentious. 😅
(BTW: defending Kanye's song HH directly to a liberal is some of the most fun you'll ever have. Highly recommended.)
My overall impressions talking with him and other IRL liberals recently:
-They don't care about the destruction they're causing. They just want others to feel pain.
-Liberalism is their religion, and they pray daily. Every interaction or conversation is a chance to reaffirm their liberal beliefs and spread the word. Nothing deters them on their holy mission.
-Modern liberalism is about tribal allegiance, not outcomes. I don't think they believe good outcomes are even possible. They never mention this utopia they're striving for, only the pain they inflict on others.
-They don't believe fraud is real. They believe the government is a righteous organization that also has perfect accounting. The only flaw of government in their minds is non-liberal views are allowed to persist.
My conclusion: we can't share a country with these people. And we won't. Conservatives have long held their beliefs quiet, and now liberals are doing the same. Less dialog with each other only leads to diverging views.
The smart will eventually lead an exodus, likely when the nation-wide wealth tax comes (they're already planning it!). We see that with tech bros abandoning the west coast. CA lost 1/2 of it's billionaire wealth in literal days, and the CEO of Starbucks left WA the day they introduced an income tax.
I don't think Balkanization happens (the breakup of the country), as it would just lead to the federal government seizing any leader who tried to propose it.
Liberals love what's happening in NYC. Soon it'll be in your town. Plan your escape now, anon.
doncrypto retweeted
buy Bitcoin today so you can enjoy a view like this a few years from today xitter.gq/queennaurelia/status/2…





























