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Crypto

Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss

Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss
Image: CoinDesk

Summary

On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →