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Binance says fake job interview led to $6.3bn hack

Binance said an engineer was invited to fake job interviews, which gave hackers access. About $6.34 billion was stolen on Oct. 29. Binance said it replenished 98% of the assets. North Korea denied involvement, though US agencies blamed it.

Why it matters

It is the largest crypto theft recorded and tests exchange security.

Background

Binance is the world's largest crypto exchange.

The story so far

  1. Binance says $6.3 billion hack is largest crypto theft
  2. Binance covers 90% of $6.3 billion hack losses, plans to resume withdrawals Sunday
  3. Binance resumes withdrawals after $6.3 billion hack blamed on North Korea
  4. Binance says fake job interview led to $6.3bn hack
  5. Binance details fake job interviews behind hack

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Sources

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