Binance-hacker-1029 – $5.6B stolen from Binance(arkm.com)
1498 points by Tiberium 14 hours ago | 976 comments
tl;dr: Summary not available
HN Discussion:
  • •Stablecoin issuers froze much of the stolen funds, mitigating losses
  • ↑Binance is incompetent if one laptop compromise enables $6B theft
  • ↑Centralized custody of crypto fundamentally undermines its purpose
  • ↑Confirms the hack is real and references historical crypto exchange failures
  • ~Freezable stablecoins blur the line between decentralization and traditional banking