#1 collector of like-minded friends @RoomFourtyFour | Money Markets & News @GoodDayBitcoin
The Blockchain
Joined May 2020
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GameStop is not actually buying eBay. eBay will turn the offer down.
$GME wants someone else like Shopify to bid more and run the price up.
$GME currently holds 22,176,000 shares of $EBAY in call options.
Brilliant move. GameStop is about to make more than a billion dollars and they don’t have to buy anything. $GME is big winner here. $40-60 incoming.
Tom retweeted
🇰🇵 North Korean hackers just pulled off the largest cryptocurrency theft in history, stealing roughly $6.36 billion from Binance in just 20 minutes.
Blockchain intelligence firm TRM Labs has linked the attack with high confidence to TraderTraitor, a North Korean state-sponsored hacking group associated with the notorious Lazarus Group.
The attackers reportedly drained Binance wallets across 10 blockchains, stealing approximately $3.79 billion from Ethereum, $1.47 billion in Bitcoin, $628 million from Tron and $296 million from the XRP Ledger.
The scale of the operation is staggering, with the amount stolen roughly four times greater than the $1.5 billion Bybit hack in February 2025, which was also attributed to North Korean hackers.
Binance's preliminary investigation suggests the attackers compromised an engineer's laptop, gaining access to systems used to authorize withdrawals rather than directly stealing wallet private keys.
On Ethereum, investigators found that attackers used 50 signed authorizations to gain control of a Binance wallet, allowing them to drain funds and intercept subsequent deposits.
More remarkably, that access reportedly remained active for nearly four hours, including more than 90 minutes after Binance suspended withdrawals.
The exchange has pledged to cover losses using its emergency SAFU fund and company reserves.
Meanwhile, cryptocurrency companies have reportedly helped freeze approximately $3 billion of the stolen assets, although billions remain outside their control.
Source: TRM Labs, @binance / Writer: Mhedi
Tom retweeted
🚨 BLACK FRIDAY IS HERE.
$700 Billion has been wiped out from Gold and Silver today.
$500 Billion has been wiped out from the Asian stock market today.
$150 Billion has been wiped out from the crypto market following Binance's hack.
$800 Billion will be wiped out from the US stock market at open based on the current pre-market drop.
This is almost $2.2 Trillion wiped out from global markets, and Friday isn't over yet.
Tom 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…
Tom retweeted
BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen:
• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies
This is the largest hack in crypto history.
Tom retweeted
JUST IN: Tether has now frozen $1.5 billion in $USDT linked to suspected Binance hack.
Tom retweeted
JUST IN: Tether freezes $971 million $USDT linked to suspected Binance hack.
No official statement from Binance yet.
Bearish on PLTR. Stock is currently at $206.39.
Stock overpriced by large margin.
Betting markets are predicting that the Democrats win both the House and Senate. If Dems win that’s not good for stock.
Now that MagicEden and Blur are out of the picture, get ready for OpenSea to hike those fees up. I’m going to estimate 20% incoming. Old dogs eat good.
We’ve seen this move before. NFTs are going lower. As they should. Why do they have to be so expensive? Prices will find a bottom and accumulation will happen and the whales will scale things back up but way lower numbers are coming before a recovery and fun.
