Hacking News
Binance Hack Reveals Engineers' Targeting
Binance has released a report detailing how attackers exploited the exchange's engineers for months before the October 29 theft. The attackers used stolen credentials to access the internal wallet signing service, enabling unauthorized transfers outside the exchange's normal withdrawal process. The exchange reported a loss of about $6.34 billion. The report identifies three affected engineers, labeled A, B, and C, and describes their involvement in the hack.