Justin Wu|Oct 30, 2026 07:19
Finally a use case for DEFI
This Binance situation is getting insane!!!
The suspected entry point
A compromised DevOps laptop, according to Binance’s initial investigation
The estimated damage: around $6.3B
and before stablecoin issuers froze funds, the attacker allegedly used $60M USDT on Aave to borrow nearly $44.6M in ETH
That’s the DeFi twist
the collateral can be frozen, but the borrowed ETH doesn’t come with the same freeze button
Crypto security isn’t just about stopping the hack
It’s about what the attacker can do before you react
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