Did a Targeted Exploit Sink Binance? Analysts Probe the $1 Billion Liquidations Loss

• Analyst links Binance crash to targeted exploit in unified margin system.
• USDe, BNSOL, WBETH depeg triggers large-scale forced liquidations.
• $1B loss highlights need for stronger exchange risk controls.

The sudden market downturn that shook the crypto market this week may have been the result of a coordinated attack directed at Binance, according to Forgiven, an executive from the Conflux (CFX) network. 

In a post shared on X, the executive alleged that the incident exposed structural flaws that allowed cascading liquidations across major trading pairs.

1011大暴跌主任推测是一次有预谋的针对Bn和Bn某主要做市商的攻击,而阿喀琉斯之踵就在币安的统一账户合约保证金的问题上.

除了正常U本位和币本位可以保证金外,Bn也放开了pos衍生物和理财型稳定币做统一保证金的选项。这次被攻击最严�…

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