AICryptoRadar
Security Negative

Binance Sets Aside $6.34B to Cover Hack Losses, CEO Says 'Your Assets Are Safe'

Decrypt · 1 hr ago

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Informational impactNot rated
AI confidenceNot rated
Risk contextUnknownOperational, security or regulatory context
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Feed summary

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Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.

AI output is based only on the stored feed text and may be incomplete or incorrect. It is not investment advice. Verify important claims at the original source.
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