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Binance didn't lose $6 billion from just one laptop. Dan Held says the attack had to involve multiple steps, probably zero-days, but the scariest part didn't happen: it didn't…

Scott Melker
Published: 2026-10-30 13:53 UTC
Collected: 2026-10-30 14:15 UTC
Original language: Not supplied by source
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Binance didn't lose $6 billion from just one laptop. Dan Held says the attack had to involve multiple steps, probably zero-days, but the scariest part didn't happen: it didn't spread to other exchang…

Binance didn't lose $6 billion from just one laptop. Dan Held says the attack had to involve multiple steps, probably zero-days, but the scariest part didn't happen: it didn't spread to other exchanges. "It's probably North Korea, from the best analysis that I've heard so far from ZachXBT, Tayvano and Chainalysis. They're saying there's fingerprints that it's North Korea." "There's got to be multiple steps here, probably some zero-days." "But we didn't see contagion occur. We didn't see private key management issues at the other exchanges, which is, I think, really, really good." "If we had seen this as a contagion effect across multiple exchanges because of a zero-day, we'd be talking about a completely different risk factor here. A whole different impact on the price."

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Scott Melker · Published 2026-11-02 22:39 UTC

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