TVET Expert • I mainly post about $DUKO #GodHatesNFTees & $BREW. 💜🐶
DUKO HQ
Joined November 2011
- Tweets156K
- Following9K
- Followers11.9K
- Likes18K
FOY retweeted
As part of our ongoing security measures, Binance Alpha trading has been temporarily suspended - CEX Buy Token/Alpha instant/CEX purchase prediction marketing using fund in spot wallet.
Trading will resume once the security issue is resolved.
User funds remain safe. We’ll keep you updated.
Thank you for your patience.
FOY retweeted
We are working non-stop to resolve this issue. Binance will cover all losses.
As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
This is an industry-wide effort, and we are grateful to partners across the ecosystem who have moved quickly to help freeze affected assets.
We will continue to share verified updates through official Binance channels. User funds are safe.
FOY retweeted
Service Update
Deposits remain unaffected and continue to operate as normal.
Withdrawals remain paused while our team completes a security revamp of the withdrawal service and its related addresses. We expect to resume within 48 hours, and will update with further details.
The incident stems from multiple factors. Our security team is tracing the full attack path through the compromised computer which may be the entry point of the incident. A comprehensive report with the root cause will follow.
We will continue to share updates through official Binance channels.
FOY retweeted
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
FOY retweeted
Someone make me a new @Ripsterhq banner. Best one wins. Assuming you guys missed getting my money.
FOY retweeted
multiple major tech earnings this week -10% selloffs after hours
btc & eth accelerating to downside
largest centralized exchange hack in crypto's history ($6B) + AI continuing to disrupt trad companies security systems while forward looking picture of aggro revenue growth from AI capex is unclear
uncertainty at ATHs, lots of unrealized PNL in the market & equities have not even sold off aggressively yet with macro picture still murky due to geopolitical tensions + rates + oil + midterms
still believe good spot to de-risk here for both stocks & crypto, will likely re-evaluate bias if there is strength above current weekly highs (82k/2400) or on liquidation event next few days/weeks, think selling will continue into ny open tomorrow and over the weekend
current prices:
btc ~77k
eth ~2220
want to buy zec/hype/pump if given discounts, unrelated but believe LLY may be best looking chart on my screen
i am bearish btc/eth & large cap stocks believe btc & eth have broken mid timeframe trend and will continue to accelerate to downside under 82k/2400
dont think the average retail speculator is going to slow down tho, Q4 is going to have a lot of volatility for traders in both directions & believe pockets of onchain will do well
headline risk is also very real and continues to impact markets, this week specifically we have fomc + lot of important earnings releases
technicals am bearish bc ai momo stocks look like parabolic blowoff top into following lower high and loss of trend, even mags stalling at ATHs, the breakout on Qs that looked great a few weeks ago has played out as a deviation above the highs
as it stands ai generally feels like there is a lot more uncertainty on where the next growth of revenues is going to come from, sofar we have had a ton of capex spending on investing in training these models across the board so believe investors will want to see how that impacts companies bottom line meaningfully, meta selloff post earnings last week is good indi, that combined with concerns around current state of models also breaking hella security across the internet is not great - am not bearish on extended timeframe just believe pullback before continuation higher
FOY retweeted
Binance will cover all losses.
As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
FOY retweeted
how on earth do you FUD the largest crypto exchange in the world when you're literally part of the crypto industry? do you even know what you're doing?
when chaos hits, we need to stand together, not turn against each other. crypto is already fighting enough battles.
✌🏻
