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$100M+ Crypto Hacks: A History of Black Hat Web3 Tactics | EP 13
Good Game
The Binance Hack
The Binance hack is within smart contracts. It's a very technical attack. But the high level, even like Sam Cesarin, he says 95% of it, he doesn't even understand the logic. And so we'll give you a very high level of what that means. The hacker did was he tricked the chain into thinking that there is backing. In reality, there is none. So they basically were able to mint BNB out of nowhere without any backing.
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