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Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss

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TLDR — On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.

Signal data─ Neutralconfidence 60%Low materiality
AssetEventprotocol-upgradeEvent timeAttention0 readers/hrNormalSmart readers0

On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.

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