Hacking News
Binance Hack: $6.4 Billion Stolen
On Thursday, attackers drained approximately $6.4 billion from Binance, the world's largest cryptocurrency exchange, through a breach targeting the exchange's own infrastructure. The attack began after U.S. markets closed, with funds moved out of Binance hot wallets across multiple blockchains within about 20 minutes. Binance traced the breach to a compromised laptop belonging to a DevOps engineer, which may have allowed the attacker to reach a service container and submit unauthorized withdrawals. The exchange has since identified additional points of breach, with CEO Richard Teng describing a more complex attack process involving the use of EIP-7702 and self-destruct mechanisms.