Elon Musk reacted to reports of the Binance security incident with a short post on October 29: “Everyday is Zeroday.” He quoted The Kobeissi Letter’s account of suspicious outflows from exchange-linked wallets, bringing the incident to his audience on X.
Everyday is Zeroday
— Elon Musk (@elonmusk) October 29, 2026
The phrase plays on the cybersecurity term zero-day. The U.S. National Institute of Standards and Technology defines a zero-day attack as one exploiting a previously unknown hardware, firmware or software vulnerability. Musk’s wording suggests a constant stream of newly emerging security threats.
His post supplied no technical findings and does not establish that an undisclosed vulnerability caused the Binance incident. Our transaction analysis covers an EIP-7702 delegation before a Binance-labelled Ethereum wallet was drained. How the relevant signatures were obtained remains unknown.
The reaction follows Tether’s confirmation of a USDT freeze exceeding $1.567 billion and Circle’s confirmation of more than $800 million in frozen USDC. Those issuer statements describe containment measures, rather than a final calculation of losses or completed customer reimbursements.
Binance’s statement says user funds are completely safe while its teams investigate the potential security issue. Musk’s remark adds a public reaction to that developing story; it does not verify the multibillion-dollar loss claims in the report he quoted.
Disclaimer: CoinScreamer is an independent media brand owned and operated by NuvexMedia LLC, publishing news, research, and market insights on digital assets and related technologies. NuvexMedia LLC invests in and collaborates with companies across the digital asset, blockchain, and technology sectors. These relationships do not influence CoinScreamer’s editorial coverage, and the publication maintains full editorial independence to provide accurate, timely, and objective information. © 2025 NuvexMedia LLC. All rights reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or other professional advice.
