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How Hackers Stole $6.3 Billion From Binance in Minutes
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How Hackers Stole $6.3 Billion From Binance in Minutes

Gizmodo·Kyle Torpey·about 9 hours ago
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#gizmodo#technology#binance#attacker#wallet
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Binance is still piecing together how hackers made off with an estimated $6.3 billion in crypto , but investigators have already identified two important parts of the story: the attack has been linked to North Korea’s TraderTraitor hacking group, and an Ethereum upgrade gave the attacker a way to empty one of the exchange’s largest hot wallets in a single transaction.

The theft unfolded across 10 blockchains yesterday, with most funds leaving Binance-controlled wallets in roughly 20 minutes, according to a report from TRM Labs. Binance initially pointed to a single compromised DevOps engineer’s laptop, but later said there were additional points of breach in a complex attack process.…

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