hack or exploit
Curve founder Michael Egorov says Binance’s $6.36B breach shows why crypto needs DeFi
0Importance
closedStatus
1News media
1Pieces
- Published
Key claims & sources
Summary in preparation.
Market reaction i
-0.4%
2 h before
-1.3%
4 h after
$0.2870price at publication
12data points
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Crypto Briefing
scoop
Oct 30 16:45
Crypto Briefing
scoop
Breaks the event: $6.4B
Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 5.9 years ago | LuBian · Weak key generation incident | $3.5B |
| 5.5 years ago | Thodex · Scam incident | $2.5B |
| 5.4 years ago | Africrypt · Scam incident | $2.3B |
| 6.4 years ago | Wirecard · Scam incident | $2.1B |
| 5.2 years ago | BitConnect · Scam incident | $2B |
4280 incidents stored · 0 were as large as this one or larger ($6.4B)