# How an Ethereum upgrade helped drain part of Binance’s $6 billion loss

https://mins.news/en/item/122329

- CoinDesk, 2026-10-30 11:35 UTC
- Economy
- Original: https://www.coindesk.com/tech/2026/10/30/here-s-how-one-ethereum-permission-let-an-attacker-drain-usd2-5-billion-from-binance

> The attacker used an Ethereum upgrade introduced in 2025 to make ordinary wallets smarter, along with 50 signatures from Binance’s own wallet.

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