Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack
The announcement comes barely more than a week after hackers stole $6.3 billion worth of cryptocurrency from Binance users.
The announcement comes barely more than a week after hackers stole $6.3 billion worth of cryptocurrency from Binance users.
The largest crypto theft to date was pulled off by combining some well-known hacking techniques over the course of a few months, according to Binance. A postmortem from the company says the process that started with one developer downloading a tampered installer in June apparently spread by a malicious Google ad, exposing details about the […]
Cybersecurity experts have long warned of the persistent and patient threat from North Korea’s long-running hacks. The world’s largest crypto exchange was still caught off-guard.
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The cryptocurrency exchange said it’s now covered 95% of the stolen assets.
The FBI says North Korea was behind the massive $6.3 billion crypto heist that hit Binance on October 29th. The FBI labeled the activity “TraderTraitor” and said that it had observed actors it has connected to hack converting the tokens to Ethereum and preparing for further laundering of the funds. The agency offered few other […]
After hackers stole a shocking $6.3 billion from Binance customers in a record-breaking crypto heist, the company’s CEO says that 90 percent of the funds have been replaced, and the company plans to cover the remaining 10 percent as well. Binance is covering the stolen funds directly, and the remaining 10 percent consists of “less […]
Hackers working for North Korea are suspected of hacking a Binance employee’s laptop, which allowed the theft of billions in crypto.
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Binance has disclosed that $6.3 billion worth of crypto funds have been stolen from the platform, in what’s believed to be the biggest cryptocurrency hack on record. In a series of updates posted to X, the crypto exchange said that user funds are safe, and that around $3 billion of the impacted assets have been […]