Article 79FEH Six Billion Dollars Crypto Heist at Binance

Six Billion Dollars Crypto Heist at Binance

by
jelizondo
from SoylentNews on (#79FEH)

looorg writes:

Late last week there was a hacking attack which initially stole $6.3B:

Binance targeted in $6.3 billion crypto heist, the largest ever

The company has suspended all deposits and withdrawals while it works with law enforcement to secure its infrastructure and locate stolen funds.

Its initial investigation pointed to a compromised laptop belonging to a DevOps engineer, which may have given the hacker access to an internal service and allowed them to submit unauthorized withdrawals.

Blockaid CEO Ben-Natan said in a statement to CoinDesk that "the tactics and level of sophistication we've seen so far are consistent with the kinds of operations we've seen from DPRK," referring to the Democratic People's Republic of Korea.

Kim needs a new set of luxury items.

Most of the stolen cryptocurrency has been recovered. As at the time of writing this, Binance customers have withdrawn $3.6B from the company. Do the events of the last week confirm or shake your trust in cryptocurrency?

https://www.nbcnews.com/business/markets/binance-hack-tether-circle-stablecoins-rcna606445
https://www.coindesk.com/business/2026/10/29/potential-multi-billion-binance-hack-hitting-crypto-markets

Original Submission

Read more of this story at SoylentNews.

External Content
Source RSS or Atom Feed
Feed Location https://soylentnews.org/index.rss
Feed Title SoylentNews
Feed Link https://soylentnews.org/
Feed Copyright Copyright 2014, SoylentNews
Reply 0 comments