VANTAGE · S009

The Binance Hot-Wallet Hack: 50 Signed Authorizations, One Match

One transaction carried 50 authorizations signed with a Binance hot wallet's own key; 49 didn't match, one did. What that shows, how it fits Binance's statement that no private key leaked (one possible explanation, pending the technical report), and what could and couldn't be frozen.

2026-10-311:33 Chinese narration · Chinese subtitles
The Binance Hot-Wallet Hack: 50 Signed Authorizations, One Match

Clicking loads the YouTube player (youtube-nocookie)

Chapters

  • 0:0050 authorizations, one match
  • 0:09Compensation and withdrawals first
  • 0:25Signed, and the number must match
  • 0:42Used, but not necessarily taken
  • 1:00What could be frozen
  • 1:15The other half of security

About this video

One transaction carried 50 authorizations signed with a Binance hot wallet's own key; 49 didn't match, one did. What that shows, how it fits Binance's statement that no private key leaked (one possible explanation, pending the technical report), and what could and couldn't be frozen.

Narrated in Chinese with burned-in Chinese subtitles. An English transcript is coming; the written version in English is linked below.

Sources

Visuals are illustrations; facts follow the cited sources. Not investment advice. IKOL · AI-assisted research, human-edited.