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Crypto & Bitcoin

How Hackers Stole $6.3 Billion From Binance: A Five-Month Plot Revealed

Reported by Anjali Belgaumkar, Coinpedia

Image: Coinpedia

Binance co-CEO Richard Teng said the hackers behind the record $6.3 billion theft spent months working their way into the exchange, rejecting claims that one compromised laptop was to blame. Speaking to CNBC, Teng said the attack began in June, when a wallet DevOps engineer installed a tampered version of Homebrew while searching online for a popular AI coding tool. Binance spotted the activity and replaced the device, but the engineer’s team had already been exposed. In September, the attackers posed as recruiters and gave another engineer a coding test containing hidden malware.

This is an excerpt. The reporting belongs to Coinpedia.

Read the full report on coinpedia.org
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