Binance-hacker-1029 – $5.6B stolen from Binance

Hope you’ve been stacking monero for the final fireworks, anon.

Given AI assisted hacking is now a thing, it's probably not safe to keep your crypto in any centralized exchange anymore.

Better general security yes, but the incentive to hack them is quite large and now more hackers have the ability to pull it off.

Same with any purpose built wallet you didn't make yourself: https://www.forbes.com/sites/digital-assets/2026/10/23/ledge...

Hopefully expect to see the same schadenfreude sentiment on Crypto when the $10TN data center build out crashes the market and takes everyone with it.

Crypto is the biggest target for blackhats to utilize AI on. Huge amounts of money, no central authority or country and methods of wiping tracks.

What I never get is how they plan of converting the stolen crypto to cash eventually. No exchanges are gonna take the coins.

i think with this plus the fed increasing the rates again i can see a crypto winter coming

hope its just a hack and not quantum computer advancements.

At this point whenever I see these I just lol

never thought this could happen

RIP cryptography?

how do we know? it could be nonsense...

oof

I’m sorry but why did anyone have any money in binance in the first place? Didnt their cofounder get in trouble (but not imprisoned) for some shady stuff awhile back?

If you were active in crypto exchanges since the beginning what is the chance you already lost it all in a major hack?

Not a serious store of value.

Is the biggest heist in history?

Barron Trump probably stole it.

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lol

EDIT: lmao even

is this is why Big tech didn't delve into crypto market ????

who tf think annual or bi-annual millions to billions of dollar heist is good idea for business ????

"Not your keys?

... Not your coins."

If your crypto was stolen in this, atleast you can rest assured that your money will be put to good use. In North Korea that is, by the military. I'm sure at this point Kim himself has Bitcoin merchandise with how often they make massive heists

At least they are safe from governments and their "fiat money"!

Welp, I guess crypto is still like if you let banking services be run by amateur tech bros.

Please let it be rogue AI agents for maximum lulz.

Yet another reminder of the first rule of crypto: Not your keys, not your coins.

I thought the point of crypto was no takesies-backsies?

it's almost like crypto's stupid for this reason.

I expect Monero to be a good investment going into this LLM era.

It always pumps after hacks when they swap to clean it. But it is also just the only crypto that makes sense to be used by regular people.

Web3 is doing great!

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So much for anti-centralization.

Wee are living in post LLM apocalypse. No digital asset is safe. waiting for banks to return to offline banking.

Not your keys, not your coins, I suppose.

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I'm good, I own my keys, thanks.

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So glad that cryptocurrency is properly decentralized so that one company being compromised doesn't led to massive theft /s

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first world problems. geez

Crypto? That's all going away.

That's why I exited crypto long time ago, I could've been more well off if I kept it but these shenanigans is why I sold everything.