The Biggest Crypto Heist Ever, and the Three Minutes That Beat the Freeze
It is the biggest crypto heist ever, and the headline everyone is celebrating is the freeze: Tether froze $1.57 billion in stolen USDT, Circle froze over $800 million in USDC, and about half of the $6.3 billion that left Binance is now locked on-chain. But inside the same night there is a three-minute transaction that shows exactly where freeze power ends. This is the whole story, as verified as it can be while it is still unfolding. On October 29 at 20:24 UTC, a Binance hot wallet on Ethereum s
🎯 Vulnerability: Web Security Vulnerability
💡 Defense Fix: Implement strict input validation, contextual output encoding, and enforce least-privilege authorization controls.