Binance Under Siege: $22M Hack—Inside Job or Sophisticated Cybercrime? 🚀

A dark day for the crypto world. Binance, the largest crypto exchange, has been rocked by a massive $22 million hack, leading to service suspensions and widespread chaos. 💥

Is this breach the work of a global cybercrime syndicate, or could it be a shocking betrayal from within? 🤯 The incident mirrors past breaches like the WazirX hack, raising serious questions about the safety of digital assets.

The crypto community is demanding accountability, transparency, and stronger security measures. The stakes have never been higher. As we work to uncover the truth, your security remains our top priority.

Stay tuned for updates.

#Binance #CryptoHack #CyberAttack #BlockchainSecurity

💬💰 dYdX CEO Antonio Juliano addresses the forced liquidation of $50 million in YFI open interest, attributing it to a sudden surge from $800,000 to $67 million within days, and suspecting a similar attack on the SUSHI market previously. He vows not to negotiate with attackers, collaborates with the FBI, and plans to offer a reward for assistance in resolving the issue. 🚫💼🕵️‍♂️ #dYdX #CryptoSecurity #YFI #CyberAttack

US 30-Year Bond Auction Falters Amid ICBC Cyberattack Impact on Macro Markets👀
Now back on our regular scheduled programming, macro markets certainly don't make it easy do they?A low-volume, quiet-moving day was punctured by yet another terrible 30yr bond auction just as the market was starting to subscribe to the dovish pivot narrative. US treasuries yields jumped by 20bp in the long-end, with issues actually started late Wednesday as ICBC, China's largest bank by assets held, was hit by a cyberattack which prevented it from clearing large volumes of trades and forcing clients to reroute transactions last minute. The clearing issues prevented market makers from temporarily trading with customers that cleared through ICBC, and thereby likely eliminating a large subset of investors from trading, which likely added to the volatility behind today's poor auction results.
#MacroMarkets #ICBC #CyberAttack #TradeClearing #MarketVolatility

Mumbai Police saves 3 from falling prey to cyber frauds, recovers Rs 17 lakh 😱😱😱

The fraudsters established communication with the victims, won their trust and defrauded them of lakhs of rupees. Different cases under sections for cheating and under the IT Act have been registered against unknown persons.

The Mumbai Police along with cyber detection officials saved three people from falling prey to cyber attacks.

The fraudsters established communication with the victims, won their trust and defrauded them of lakhs of rupees. Different cases under sections for cheating and under the Information Technology Act have been registered against unknown persons.

A total of Rs 17 lakhs has been frozen by the cyber sleuths, sources told India Today.

$CYBER #Cyber #CyberAttack #CyberSecurity #fraud