⚡️Update: The Binance hack, which resulted in losses of $6.3 billion, began with a fake job interview.
According to CoinDesk, an engineer downloaded a coding assignment containing malware onto their work computer after the attackers impersonated recruiters.
- The attackers later used an internal AI tool to access the computers of two engineers working on wallets.
- The stolen credentials enabled them to run a malicious script on October 29.
- They exploited Ethereum’s EIP-7702 feature to take control of a hot wallet. It took about four hours to contain the attack.
Binance says $2.85 billion worth of assets was frozen, and 98% of the affected tokens were replenished using company funds. Users will not bear the losses.
The FBI attributed the attack to North Korea.
#BinanceIncidentReport
#BinanceReopensWithdrawalsForMoreAssets $BTC
#USMidtermElections
According to CoinDesk, an engineer downloaded a coding assignment containing malware onto their work computer after the attackers impersonated recruiters.
- The attackers later used an internal AI tool to access the computers of two engineers working on wallets.
- The stolen credentials enabled them to run a malicious script on October 29.
- They exploited Ethereum’s EIP-7702 feature to take control of a hot wallet. It took about four hours to contain the attack.
Binance says $2.85 billion worth of assets was frozen, and 98% of the affected tokens were replenished using company funds. Users will not bear the losses.
The FBI attributed the attack to North Korea.
#BinanceIncidentReport
#BinanceReopensWithdrawalsForMoreAssets $BTC
#USMidtermElections
