Polygon is now debating hardfork to hand $70.4M $POL back from attacker wallets PIP would zero out those balances and credit the same amounts to verified Polymarket and Binance addresses: ~23.86M $POL to recover Polymarket drain, and ~46.63M from Binance hack Validators already blocklisted the addresses, and per the proposal the attacker then offered them cash to unblock tx The proposal calls it a one-time thing not a whole precedent for future hardforks

OKX CEO Star Xu just roasted CZ's first Binance hack interview Xu says the talking tokens episode made him sick, calling it misleading and accusing CZ of downplaying his own responsibility while trashing banks to cover for the failure his takes: - CZ keeps saying "i don't run Binance" while being the loudest Binance voice of the whole crisis - somehow found time to argue with Elon about SpaceX - leans on "only 2% of funds gone" like that answers the security question - marketing for fresh deposits never stopped - comparing exchanges to banks is irresponsible, different threat models, attack surfaces and consequences - "left a pregnant woman on the front line", a shot at co-CEO Yi He CZ's pitch on the podcast was that AI is speeding up hacks so you fight it with AI ("the only way to beat the monster is to become one"), plus an industry security alliance with cross-audits and fast freezes Best part is Xu wrapping the whole dunk with a call to build security standards together "even with competitors" Right after attaching halloween costumes clowning Binance's "multi-layered defense" by the way, this one was diabolical Is Star Xu actually cooking here or what?

Lazarus is having a hard time withdrawing stolen funds Binance users pulled $3.6B+ in net outflows since yesterday's reopen meanwhile a 10 ETH bug just did what thorchain refused to do on purpose and "inadvertently delayed" the laundering - September: thorchain refuses Bitget's ask to block ~$388M in stolen funds - October 31: the FBI officially connects the Binance hack to North Korea - same day: a 1-block ETH reorg makes thorchain pay out 10 ETH it never received = nodes halt cross-chain swaps for everyone, Binance hackers included the attackers still got ~$3.5B after freezes, not that they know what to do with it an address tied to the hack just market-dumped 908k $PROM (~$5M) into a near-empty uniswap pool and got 0.0316 ETH back that's $71 btw. even our intern makes more flipping shitcoins bros pulled off the biggest heist in crypto history and keep "hacking" themselves anyway

Justin Sun vs Trump Justin Sun just asked a federal judge to sanction WLFI and its lawyers He accused World Liberty Financial of concealing information about its ownership structure and its ties to the UAE while he was suing them over his frozen $WLFI timeline: - June: WLFI tells the court its only citizenship is Florida - August: judge keeps Sun's case in open court, not private arbitration - less than a week later: amended filing, 20+ entities in the ownership chain across Florida, Delaware, Puerto Rico and the UAE - now WLFI uses that UAE link to argue the federal court has no jurisdiction Dec 10: Sanctions hearing is scheduled on Dec 10 Sun says he burned ~$264k fighting in a courtroom, and wants them and their lawyers to pay the bill now His own 4B $WLFI has been frozen since Sep 2025 btw The same guy who topped the $TRUMP dinner leaderboard last year is now saying WLFI was "proudly american when it was selling tokens" Who's gonna win? Place your bets

$6,360,000,000 Binance hack post-mortem Crypto market suffered the biggest exploit in its entire history, and it all started with one compromised devops laptop TRM, ZachXBT and Chainalysis are already pinning this hack on Lazarus, same group of hackers drained $1.5B off Bybit last year What do we know so far: • $6.36B total pulled across 10 chains • around $3B already got frozen onchain by Tether, Circle, Ripple and other companies • ~$2.4B in ETH and BTC cannot be frozen at all • SAFU is worth ~$1.2B so the unfreezable part of funds is 2x the safety fund • amid the exploit BTC dipped under $77k with more than $1.5B liquidations in 24h "censorable" stables CT loves to hate ended up clawing back nearly half of what's stolen Binance says it covers everything from SAFU plus company funds. Withdrawals to be reopen by Sunday P.S. hackers fat-fingered around $3.32M in alts straight into $NEWT token contract Now that bag is stuck forever The question is whether the market already priced this news or we going deeper soon. Wdyt fam?

$2.7M+ drained from 700+ accounts on Polymarket The drain script came in through DebugBear (UK monitoring tool Polymarket was loading) Exploit used your logged-in session, sold off positions and pulled out the funds through PM's own rails Both June and yesterday exploits were external and came through compromised vendors As of now services are back and Polymarket plans to refund everyone affected in full

‼️DO NOT OPEN POLYMARKET RN Users are reporting an active drain and it looks like the frontend got compromised with a script on the homepage pushing malicious tx which drains you if you sign it Polymarket already put trading on cancel-only and paused relayers Better stay off the site till they post a fix

@CryptoAlgebra on what tokenized treasuries actually are: "Stablecoins that pay you. You don't need to trade to earn, just hold, and use it across DeFi" On the HIP3 SpaceX and OpenAI markets: "That's not an RWA. No ownership, no rights, it's just a new way to trade perps"

Which RWAs have real buyers and which are just larp? Missed our most recent space? We got you covered Last week we went through all the leading RWA sectors, discussed the $38.3B out of $380B gap, and next cycle projections Top highlights of the space below. Dive in 🧵