The target of the attack may have been the Novokuibyshevsk Oil Refinery.
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Intel Slava
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What is known:
— Cryptocurrency exchange Binance has temporarily suspended all deposit and withdrawal operations following a hack and resulting damage of $6.3 billion.
— According to Binance, the attacker gained access to a service container after hacking the laptop of a DevOps engineer.
— With access to the service container, the hacker was able to send transactions and withdraw funds without authorization. The exchange has not found any evidence of leaked private keys from wallets.
— Crypto analysts at TRM Labs claim that the group TraderTraitor, linked to North Korean hackers Lazarus, hacked Binance. The FBI previously accused this group of stealing $1.5 billion from the Bybit exchange in 2025.
— Other analysts also point to North Korea. According to their data, the stolen funds were transferred to the same cryptocurrency address as in previous heists.
— Following the news of the hack, Bitcoin fell from $80-82k to $76k overnight. Panic also affected other cryptocurrencies.
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The facility is one of the major oil refineries in Russia's Volga region, with an annual processing capacity of 8.8 million tonnes of crude oil.
The extent of the destruction remains unclear.
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The Sports Arbitration Court has ordered the International Ice Hockey Federation to allow Russian teams to participate in international competitions – according to Russian Sports Minister Degtyarev.
For the first time since 2022, the Russian national team will be able to compete in the World Championships as early as 2027.
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To address the consequences, the exchange has allocated over $6.34 billion from its own funds, according to a statement from the cryptocurrency exchange.
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A train was hit; the attack was carried out using kamikaze drones, with several drones striking the target.
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Stock indices, stocks, gold and silver, and cryptocurrency are plummeting due to global tensions and the bursting of the AI bubble:
— US, Japanese, South Korean, Turkish, Chinese, and Taiwanese stock indices have fallen by $1.7 trillion.
— Gold and silver have fallen by $1 trillion.
— The cryptocurrency market has lost approximately $140 billion following the Binance hack.
— European stocks lost an estimated €58 billion in market capitalization in a single day. The technology sector was particularly affected, falling by 2.75%.
— The total losses in market value of assets are approaching $3 trillion in just one day.
The reason for this synchronized collapse is attributed to panic ahead of the US midterm elections, concerns about a new military conflict between the US and Iran, and the overvaluation of the AI market due to the bursting of the AI bubble.
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The biggest losers today include:
— Intel: down 31%;
— Reddit: down 30%;
— Roblox: down 20%;
— Illumina: down 19%;
— SanDisk: down 15%;
— Arm: down 12.7%;
— Dell: down 12.5%;
— Google: down 12.29%.
Meanwhile, in China, the local stock market is practically collapsing. Shares of thousands of companies are falling.
The crash has already reached 1.4 trillion yuan. Some AI companies have fallen by as much as 80%.
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