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Binance is dealing with one of the most technically sophisticated breaches in crypto history. CEO Richard Teng says hackers exploited a self-destruct mechanism and a delegation protocol called EIP-seventy-seven-oh-two to bypass normal security controls, erase evidence, and walk away with six point three billion dollars. The exchange has set aside funds to cover losses and says withdrawals could resume as early as Sunday, with a proof of reserves report due Monday. Teng's message to users: your assets are safe — though many will want to see that proven.
Shifting to orbit, where Russia appears to be treating space as an extension of its war in Ukraine. A Russian military satellite, Cosmos-twenty-six-twelve, moved to within threatening distance of a Ukrainian commercial satellite operated by Iceye. The US State Department called the maneuver threatening, and one French orbital analyst described it as the first incident of its kind. It's a reminder that the battlefield now has no ceiling.
Closer to the developer community, Anthropic is pushing back on claims that a malicious version of its Claude Code extension appeared in Cursor's marketplace and infected up to five thousand developers. The company says its own systems were not compromised, though it stopped short of fully explaining how the fake extension got published in the first place. That gap in the explanation is exactly what the security community is watching.
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