Cast by idealexit
~$2.7M at Polymarket. ~$6.3B at Binance. Neither attack required breaking blockchain cryptography, based on early reports. Both exploited trusted execution paths. The biggest vulnerability in onchain finance may be the authority we delegate offchain.

The largest theft in history: North Korea likely behind the $6.4 billion Binance hack | Elliptic
$6.43 billion was stolen from Binance on 29 October 2026, the largest theft in history. Elliptic traces the funds and assesses likely North Korean involvement.

Polymarket Hack: $2.73M Drained From 737 Wallets in an Hour - Bitquery
Polymarket hack: 737 wallets lost $2.73M in one hour on 29 October. Every drain went through Polymarket's own relayer. We traced the money.
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