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
- Binance says $6.3 billion hack is largest crypto theft
- Binance covers 90% of $6.3 billion hack losses, plans to resume withdrawals Sunday
- Binance resumes withdrawals after $6.3 billion hack blamed on North Korea
- Binance says fake job interview led to $6.3bn hack
- Binance details fake job interviews behind hack
Sources
- BBC News ↗Nov 3, 11:19 AM ET
- CNBC ↗Nov 3, 1:40 PM ET
- BBC News ↗Nov 3, 3:33 AM ET
This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.