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Reports say North Korean state hackers may be behind what could be the largest crypto heist on record, though Binance has not confirmed user-fund losses.
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SITUATION BREWING: Binance may have been hacked. In a statement to Bloomberg, Binance said "We are aware of reports of a potential security issue and we are actively investigating." Tether CEO Paolo Aroino has frozen 1.567B UDT related to the potential hack.Read original on X
Trackers say a suspected Binance hack drained about $5.6 billion in Bitcoin, Ethereum and Tron, while Binance says it is investigating and has not confirmed any user-fund losses.Read original on X
Our team is doing everything we can to support in the current situation, including blocking sends to compromised wallets. We've also reached out to Binance to offer our help. Moments like this call for the industry to work together. Openly sharing any useful information and helping to protect customers should come first, regardless of which platform they use. If you can do anything to help, please do! Crypto has been through many tough times, and has always come out stronger on the other side. This won’t be any different.Read original on X
North Korean state hackers appear to have been behind the Binance attack. The entire event started through a single DevOps engineer's compromised laptop. With the confirmed impact now at $6.3 billion, it is by far the largest crypto heist in history.Read original on X
Binance probes suspected hack as Tether freezes $1.57 billion
Binance probes suspected hack as Tether freezes $1.57 billion
Binance investigates suspected hack as Tether freezes $1.57 billion
Binance probes possible hack as Tether freezes $1.57 billion
Binance investigates possible hack as Tether freezes $1.57 billion
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Chainalysis says over $46 million moved through THORChain in 72 hours, showing how hard stolen crypto is to stop.
Reports say the attackers were inside Binance for weeks before the theft, showing how social engineering can bypass strong security.
Attackers spent months targeting engineers, starting with a malicious installer posing as a popular AI coding tool.
Announced on bitcoin's 18th birthday, the holding shows public companies treating bitcoin as a long-term treasury asset.