11-01-26 victor
https://www.fbi.gov/investigate/cyber/alerts/2026/north-korea-responsible-for-6-billion-binance-attack
October 31, 2026
North Korea Responsible for $6 Billion+ Binance Attack
The Federal Bureau of Investigation (FBI) is releasing information advising the Democratic People's Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from cryptocurrency exchange Binance, on or about October 29, 2026. The FBI refers to this specific North Korean malicious cyber activity as "TraderTraitor."
The FBI, together with partners at the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets primarily into Ethereum (ETH). It is expected these assets will then be further laundered by converting them using DeFi and instant swap services as they prepare them for further laundering stages.
How you can help
FBI, USSS, and IRS-CI are urging private sector entities including THORNode operators, RPC node operators, instant exchanges, DeFi services, blockchain analytics firms, and other virtual asset service providers to block transactions with or derived from addresses TraderTraitor actors are using to launder these stolen assets. See the full list of addresses below.
Reporting
The FBI maintains its commitment to protecting the virtual asset community by identifying, mitigating, and disrupting North Korea's illicit cybercrime and virtual asset theft activities. If you have any information to provide, please contact your local FBI field office or FBI's Internet Crime Complaint Center at ic3.gov.
Addresses
The following addresses are holding or have held assets from the theft, and are operated by or closely connected to North Korean TraderTraitor actors:
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11-01-26 spal
Processing Drop: Ukrainian drone and long-range strike operations have taken offline roughly 20% to 30% of Russia's total oil refining capacity.
Volume Reduction: Daily crude processing rates dropped from pre-campaign levels of roughly 5.3–5.5 million barrels per day (bpd) to under 3.9 million bpd. |
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11-01-26 spal
Over $3,750,000,000 withdrawn from Binance in 10 hours following the exchange resuming withdrawals.
Whoops |
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11-01-26 spal
A massive forward movement of U.S. Air Force KC-135 Stratotankers and KC-46A Pegasuses across the Eastern Mediterranean and Israeli airbases is fully underway.
Deep-strike missions into Iranian airspace (1,000+ miles from Israeli launching bases) require multiple mid-air refueling cycles for non-stealth strike packages (F-15I, F-16I) and heavy support craft (E-3 Sentry AWACS, EA-18G Growler electronic warfare planes). A surge of this scale indicates preparation for sustained, multi-wave aerial operations rather than a single limited standoff raid. |
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11-01-26 spal
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11-01-26 panasonic
Spal, lol.
If said after watching CCCP tv program, will be thrown to the dog cage.
If said after having sex with Chinese humanoid, no ploblem:-) |
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11-01-26 spal
Saying "wtf" is not highly rewarded there ;-)
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Ho Lee Fook maybe? |
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10-31-26 panasonic
Spal, that said we agree that the relation between jobs and well-being will continue to change.
I'll have a better opinion after we know who the winner in Dems primaries is, but that is far ahead, two years from here. |
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10-31-26 panasonic
Spal, as long as an intelligent Chinese keeps his/her opinions to themselves they will do ok.
Saying "wtf" is not highly rewarded there ;-) |
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10-31-26 spal
Last I heard China was a society created for the Han ascendency - unless you can get a genetic transplant I am going to say it will not offer you what you think it might.
They need to keep the wheels going lest they collapse back in chaos. It us a hamster wheel to keep the Han on top. It is not a novus ordo seclorum. |
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10-31-26 panasonic
"Maybe we find another way".
You know my view on this, EU has been searching for other ways.
China comes to mind... |
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10-31-26 spal
NEW: Sam Altman says it’s “quite terrible” for everyday people to own RAM, arguing it belongs in data centers.
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LMAO ... another pencil neck spouting off. |
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10-31-26 spal
*Walter Bloomberg
@DeItaone
*ANTHROPIC EXPECTED TO RECEIVE A “HIGH” JUNK RATING: FT
whoops ... sorry Blackstone ...
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10-31-26 spal
Meta
Anthropic
Grok
Google
Open AI
Tesla
SpaceX
MAGGOTS ... new grouping term. |
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10-31-26 Merlino
Binance...they are responding very responsibly dealing with the consequences of the hacking.
I find it very practical if for instance one can/must fund it in country A where the account was opened, but has accounts to pay in other countries B & C (and D etc) where one has local accounts but not enough local income. One simply P2P buys USDT in country A and sells them in countries B & C etc funding your local accounts there. A quick and inexpensive operation. |
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10-31-26 spal
Human "nature to discern" has very little value in most human paid jobs.
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Yes most "jobs" require little "intelligence" ... is that what you are saying? If so then what is the purpose of those jobs?
It was a concealed, sub-rosa social contract ... that is now being cracked wide open. This and not AI per ce is going to be the challenge. |
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10-31-26 spal
housing crisis a consequent financial crisis and a federal debt crsis...
and there is no one to bail out all three at the same time.
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There is NO housing crisis. There is just a large complaint from people who can not afford to live in the nicer places (I don't blame them). Based on geography - it is impossible for there to be a real housing crisis in the US. There may be a sense of statis but that is very different from the wave of shit housing credit that was embedded in the system in 2008. BTW that was never a housing crisis so much as credit crisis.
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10-31-26 spal
| Well Panas most of those jobs were/ are BS jobs anyway as the late and very great David Graeber said. Intelligence itself is a deeply misunderstood - an essentially verboten topic nowadays. So I am not surprised about the confusion. Jobs are mostly there to keep people under control. Maybe we find another way. |
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10-31-26 spal
She described the incident as a complex, multi-vector attack and said Binance would release a technical security audit report and work with law enforcement agencies worldwide to track down the hackers and trace the funds.
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Sure - almost certainly an inside job. |
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10-31-26 savo
spal...the market can have a tech crash and survive - it has happened before.
true.. but this one is a tech crisis combined with a housing crisis a consequent financial crisis and a federal debt crsis...
and there is no one to bail out all three at the same time. |
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10-31-26 panasonic
"Intelligence happens when you take the output and say "what the fuck is this".
I beg to disagree.
Processing speed and unlimited data collection beats most human jobs.
Human "nature to discern" has very little value in most human paid jobs. |
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10-31-26 panasonic
Spal, tdy I don't see any US advantage outside tech.
US leadership needs to be aligned with new technologies, and currently I'm not sure if voters share my view. |
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10-31-26 spal
| Panas - the market can have a tech crash and survive - it has happened before. One thing the US does have is very adaptive capitalism. |
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10-31-26 spal
The Kelsenian / European Model (Centralized Constitutional Courts)
Pioneered by Austrian jurist Hans Kelsen in 1920, this model creates a single, specialized court outside the regular judicial hierarchy whose sole function is interpreting the constitution and striking down invalid laws.
Where it is used: Most of Continental Europe (Germany, Italy, Spain, Austria, Eastern Europe), as well as significant parts of Asia and Africa.
Latin America: Latin America adopted a hybrid version of this. Countries like Colombia, Chile, Peru, Bolivia, and Guatemala created dedicated Constitutional Courts. Other nations, like Panama, Costa Rica, and Venezuela, created specialized Constitutional Chambers within their existing Supreme Courts.
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10-31-26 spal
My view is that in general AI is horseshit - much like crypto. It is being pushed by evangelists as it sells a gigantic amount of computer hardware. It is simply indexing a library very rapidly which allows things to be looked up quickly - hence people like Google must back it as who in their right mind would use a Google search anymore.
It is not intelligence though. Intelligence happens when you take the output and say "what the fuck is this". Only humans can do that. |
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10-31-26 spal
Poland next on the crazy train.
Poland is effectively operating under two competing legal regimes:The Executive/Government System: Recognizes EU legal authority, treats PiS-appointed judges ("neo-judges") as illegitimate, and relies on parliamentary resolutions to govern judicial policy.
The Judicial/Presidential System: Operates under statutory laws passed prior to 2023, treating rulings from the Constitutional Tribunal as binding and government interventions as unlawful police overreach.
In political science, this is known as "strategic entrenchment" or "hegemonic preservation" (a concept pioneered by legal scholar Ran Hirschl). When elites foresee their own electoral decline, they intentionally transfer decision-making power away from majoritarian institutions (parliaments and executives) to non-elected judicial bodies packed with ideological loyalists.
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10-31-26 Merlino
my take since all the craziness started.
...........................
Good take Pana. Craziness seems to be the word here. That is, if profitability and ROI were the direct objectives, as one may reasonably suppose.
Perhaps hyperscalers were/are just instruments and all the impressive building has had the higher purpose for USA to continue being the GNOE, which in turn should bring economic benefits...only that these benefits will not necessarily come to those investors who foot the bill. |
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