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Binance suspends withdrawals after $6.3B theft via compromised DevOps engineer laptop

1 article1 sourcesince Oct 30Last article 1h ago ·

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Binance suspended deposits and withdrawals after an attacker submitted unauthorized withdrawal transactions worth about $6.3 billion.

Binance says its initial investigation suggests a compromised DevOps engineer's laptop gave the attacker access to a service container. TechCrunch reports that North Korean hackers are responsible, and that the theft is the largest crypto heist on record; Binance's statements as relayed by Rohan Paul do not name a perpetrator.

Binance says it has found no evidence of a wallet private key leak. It says it worked with blockchain partners to freeze affected assets, with about $3 billion frozen on-chain so far. Binance says it will cover all losses from the SAFU fund and company funds.

Written by AI from the articles below · updated Oct 30, 11:07 AM ET

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Oct 30
  1. Rohan PaulXPick
    North Korean hackers blamed for $6.3B Binance theft, largest crypto heist on record

    AIRohan Paul relays a TechCrunch report that North Korean hackers stole $6.3 billion from Binance, the largest crypto theft recorded. Binance says a compromised DevOps engineer's laptop gave an attacker access to a service container that submitted unauthorized withdrawals, and that it found no wallet private key leak. About $3 billion has been frozen on-chain, and Binance says it will cover all losses while deposits and withdrawals are suspended.

    Image from @rohanpaul_ai's post

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