Company Update
Binance details $6.3 billion hack
Binance disclosed that hackers used a fake recruiter to deliver malware via a coding assignment, compromising engineers and accessing the wallet signing service. The attack leveraged Ethereum's EIP‑7702 to control a hot wallet. Binance has recovered 98% of the stolen assets, with about $2.85 billion frozen or intercepted, while North Korean involvement was denied.