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Re:The $6.3B Binance Hack Was Pulled Off in Just 20 Minutes by jakaroo on Friday October 30, 2026 @10:39AM (#50304614)
The short duration of this crypto hack isn't particularly noteworthy. Of course it takes time to find or design the exploit, but execution is typically very quick for such events
Re:The $6.3B Binance Hack Was Pulled Off in Just 20 Minutes by bink on Friday October 30, 2026 @03:53PM (#50309285)
I disagree. Assuming the start of the timer is when they first encountered Binance systems they moved very quickly to make the transfers. It suggests to me either some or all of this was automated or they had prepared in advance with some inside knowledge of Binance architecture.
Re:The $6.3B Binance Hack Was Pulled Off in Just 20 Minutes by Joel_Mckay on Saturday October 31, 2026 @03:22AM (#50313955)
>they had prepared in advance with some inside knowledge of Binance architecture

That is a safe bet 92% of time, but they rushed getting the stolen coins into a tumbler service. The kind of people that do business in bitcoin, are not the class of folks you want finding these thieves first.

Yet, picking politically attractive proxy-scapegoats is a classic pro move. =3

Re:The $6.3B Binance Hack Was Pulled Off in Just 20 Minutes by chamomeal on Saturday October 31, 2026 @09:04AM (#50315829)
They passed 6 billion through a tumbler service?? Like what bitcoin fog used to do, back in the day? You’d think a tumbler service would just exit scam with that kinda money.

Also I thought tumblers didn’t work anymore? Didn’t they figure out how to trace btc anyway?

Re:The $6.3B Binance Hack Was Pulled Off in Just 20 Minutes by ethn on Saturday October 31, 2026 @03:42PM (#50319376)
it's a decentralized service. yes it's traceable
Re:The $6.3B Binance Hack Was Pulled Off in Just 20 Minutes by Traster on Saturday October 31, 2026 @06:30AM (#50314703)
In fact it would be far more interesting if it happened over the course of hours/days/months, because that would be an indication that they managed to remain undetected for a long period of time.