Exchange Security
Exchange Operational Risk After the Bithumb BTC Overpayment: A Forensic Guide for Custodians
A deep-dive forensic analysis of the Bithumb BTC overpayment, why reconciliation breaks down, regulatory fallout, and a practical checklist exchanges and custodians can use to rebuild trust.
Published at 2026-02-10 15:18:33
Inside the BROCCOLI Incident: How a Market-Maker Account Compromise Turned Into a $1M Trade and What Exchanges Should Fix
An alleged market-maker account compromise on Binance ignited a BROCCOLI rally that a trader converted into roughly $1M in profits. This article reconstructs the timeline, the technical weak points that enabled the exploit, and concrete controls exchanges, custodians, and counterparties should adopt.
Published at 2026-01-01 15:40:12