Binance hacker sells 908,793 PROM worth $5M for $71 on Uniswap V2

0Importance
closedStatus
1News media
Published

Key claims & sources

Summary in preparation.

Market reaction i

PromPROM it is the asset of the company or protocol in the event

Prom fell 0.7% in the 4 hours after the first headline, after falling 1.2% in the 2 hours before.

$5.74 price at the headline
-1.2% 2 h before
-0.7% 4 h after
-2.4% 12 h after
First headline

47 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

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
Nov 1 11:34
Crypto Briefing scoop
Breaks the event: $5M

Thefts of a similar size

WhenWhat happenedFigure
8 months ago Cyrus Finance · Spot Price Manipulation incident $5M
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1.3 years ago ZKSwap · Forged Proof incident $5M
1.6 years ago ZKsync · Private key leakage incident $5M
1.7 years ago 1inch · Contract vulnerability incident $5M

4285 incidents stored · 502 were as large as this one or larger ($5M)