this post was submitted on 30 Oct 2026
500 points (99.0% liked)

Technology

89311 readers
3271 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 3 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
500
Attacker gets away with up to $3 billion from Binance (www.citationneeded.news)
submitted 2 days ago by otter@lemmy.ca to c/technology@lemmy.world
96 comments fedilink hide all child comments
 

Article is by Molly White, who you might recognize from Mastodon and web3isgoinggreat.com:

https://hachyderm.io/@molly0xfff/117526961419935070

I wrote up what we know about the Binance hack so far. By my best estimate, Binance is out around $3 billion after stablecoin issuers froze what they could. Changpeng Zhao is promising Binance will cover it, but he’s legally barred from running the company.

you are viewing a single comment's thread
view the rest of the comments
[–] Photon1c@lemmy.world 2 points 1 day ago

Excellent point, now we will just have to wait a while for the AI bubble to burst completely and hopefully pick up some undervalued stocks