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Hackers Stole Record $6.3bn From Binance Via Fake Job Interviews
Hackers stole a record $6.3bn from Binance through fake job interviews, the crypto exchange says.
Key points
- Binance said an engineer was invited to bogus job interviews with fake company representatives through a legitimate job-hunting platform.
- US crime agencies including the FBI and Secret Service are helping trace the stolen crypto, and say the hack bore signs of North Korean
- Binance said it would increase investment in AI tools that detect security threats and engage third-party cyber experts for a full-scale
Why it matters. The breach shows how social engineering can reach a major crypto exchange's internal systems, and Binance said it would also seek to establish a security research fund.
Binance said the record $6.3bn (£4.7bn) theft began when an engineer was lured into bogus job interviews through a legitimate job-hunting platform. Hackers then used his compromised computer and an internal AI tool to take control of two other engineers' laptops. Binance suspended withdrawals globally until Sunday and said 98% of impacted token assets had been replenished as of Saturday.
Latest updates
Hackers Stole Record $6.3bn From Binance Via Fake Job Interviews
Hackers stole $6.3bn (£4.7bn) from Binance, the world's largest cryptocurrency exchange, according to the BBC. The firm says the attackers used fake job interviews to gain entry. They also exploited a compromised internal AI tool. Initial findings describe a sophisticated, multi-stage campaign. Hackers used techniques including malicious software downloads to compromise employee computers. Binance published the initial findings itself.
Investors pull billions in funds from Binance after record $6.3bn hack
US government agencies and cyber analysts have blamed Pyongyang for the record-breaking heist.
Binance Investors Pull $3.6bn After $6.3bn Hack Believed Linked to North Korea
Investors have pulled billions of dollars from the cryptocurrency exchange Binance following a hack that the Guardian describes as a record $6.3bn theft. According to the report, investors have withdrawn $3.6bn so far. The theft is believed to have come from North Korea. Binance has now begun to allow withdrawals again. The episode highlights the continuing security risks facing large crypto exchanges and the sensitivity of customer funds to such incidents.
Binance Restores Withdrawals After $6.3bn Hack the FBI Links to North Korea
Binance has begun restoring customer withdrawals after hackers stole about $6.3bn in cryptocurrency. United States authorities, including the FBI, have blamed hackers from North Korea for the theft. The exchange resumed some of its services on Sunday after suspending them following Thursday's attack. Binance said it investigated the breach and carried out security checks before reopening. The theft is described as a record for the crypto sector.
US Probes Possible North Korean Link to $6.3 Billion Binance Hack, Trump Says
US President Donald Trump said Washington was looking into whether North Korean hackers were behind a $6.3 billion heist targeting Binance. Speaking to reporters in the Oval Office on Friday, Trump said, "We don't know. We're looking at that." The theft has rattled the cryptocurrency world, according to the report. Binance said about $3 billion of the stolen assets had been frozen. The attack is described as a record cryptocurrency theft.