What a wild 12 hours.
Replying to @elonmusk @HuaweiMate6
Elon, have a lot of respect for you, but bad time to troll. Please stop.
Our SPCX shares (from our $500m investment in your Twitter takeover) are worth more than a billion.
Would appreciate if you show a little support. Thanks!
This is so nuts.
I want to speak to you directly about what happened.
Bottom line - your money is safe, and we're covering every loss.
Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions.
To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual.
So far, we have found no evidence of any wallet private key leak.
We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete.
What you need to know:
• Your funds are safe
• Binance will cover all losses from the SAFU fund and company funds
• Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners
• No evidence of any wallet private key leak
• Deposits are unaffected and operating as normal
What we've done:
• Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses
• Revoked the affected address authorizations
• Engaged law enforcement and blockchain intelligence partners to trace and recover funds
Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.
Binance will cover all losses.
As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
I Bought 2 Hours of INSANE Bitcoin Mining Power @Braiins
Everyone should try this at least once!
youtube.com/watch?v=ImQZMiNL…
Red Fox Crypto retweeted
BREAKING: Binance has been hacked, with more than $5.6 BILLION in crypto stolen.
Reported losses include roughly $1.45B in Bitcoin, $1.57B in USDT and $875M in ETH.
If confirmed, this would be the largest crypto hack ever. 👀
Red Fox Crypto retweeted
Is GPU mining back? While profits look tempting, high electricity costs and market volatility suggest this comeback might be short-lived. Proceed with caution. @RedFoxCrypto
🔗 Watch the full video: youtu.be/Po9DXWeAzgw
Red Fox Crypto retweeted
Pearl's future is uncertain. Should you take profits or keep a small amount at risk? Experts compare its prospects to Ethereum's. @RedFoxCrypto
🔗 Watch the full video: youtu.be/Po9DXWeAzgw
Red Fox Crypto retweeted
Dude... just hit my 5th solo BCH block with a little solo miner! well not so little .. with my OG Octaxe for ASL .. looks like only 667G best difficulty this time..🚀💪
also just noticed i hit a block with the old GT 800 thats on DGB 😂 @Gr8erGoodMining @MiningRabid @RedPandaMining
😎
Future quantum computers could break Bitcoin's cryptography. Quantum-resistant addresses might be essential, but moving old or inactive coins could be a challenge. @RedFoxCrypto
🔗 Watch the full video: youtu.be/Po9DXWeAzgw
Interesting choice of timing…
LATEST: @Ledger announces the Atom, an Android-based device launching mid-2027 that combines everyday smartphone apps with hardware-level crypto security.
It features a tamper-proof enclosure designed to block the screen-reader implants used in last week’s attack.
Thanks for the shout out @QuaiNetwork !
Stopped solo mining $BTC.
Started mining $QUAI.
A home Bitcoin miner can run for years without finding a block. On Quai, the same SHA-256 hardware is rewarded for the work it contributes.
@RedFoxCrypto tested it and documented the whole setup for Bitaxe and other lottery miners:
youtube.com/watch?v=tuGiYgI7…























