Binance will survive the $6.3 billion hack—but this is the start of a terrifying new era

It’s been more than 72 hours since North Koreans robbed Binance in the biggest hack in crypto history and, by all indications, things will be fine. The company’s executives, who went days without sleep to evict the hackers, have gotten the exchange up and running again—all without imposing a haircut on their customers. That’s the good news. The bad news is that the Binance incident is just part of a scary new wave of hacking that cyber experts are calling Black October —and that could be just a preview of a coming wave of attacks against the broader internet.