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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.

https://www.citationneeded.news/binance-theft/

#crypto #cryptocurrency #binance

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@molly0xfff@hachyderm.io maybe unrelated but Kraken went silent for now 👀

https://status.kraken.com/incidents/zkqc9db292h5

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