Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss
On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.
On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.
Related market data
- ETH: price 2,246.3, 24h -3.39%, funding 0.0013%/h, OI $2.33B
Read the full story at coindesk.com: https://www.coindesk.com/tech/2026/10/30/here-s-how-one-ethereum-permission-let-an-attacker-drain-usd2-5-billion-from-binance