🚨 "Fake job interview"... How did North Korea cause Binance's biggest-ever hack, worth $6.3 billion?
Hollywood-worthy details revealed by CoinDesk expose the inside story of the most devastating attack and how it was contained:
🔹 The trap: The attackers impersonated recruiters, and the victim was an engineer who downloaded a malicious file onto his work computer during a fake interview!
🔹 Artificial intelligence: The hackers used an internal AI tool to access wallet engineers' computers and steal credentials.
🔹 The technical vulnerability: On October 29, the hackers exploited the EIP-7702 feature on the Ethereum $ETH network to take control of the hot wallet. The attack lasted a full four hours!
🛡️ Binance's response and reassurance to users:
• $2.85 billion was frozen immediately.
• 98% of the affected tokens were fully covered and reimbursed using the company's own funds.
• Users' funds are completely safe, and no one will suffer any losses.
🕵️♂️ The Federal Bureau of Investigation (FBI) has officially pointed the finger at groups backed by North Korea.
#BinanceIncidentReport
#BinanceReopensWithdrawalsForMoreAssets
$BTC
#USMidtermElections
$QNT
Hollywood-worthy details revealed by CoinDesk expose the inside story of the most devastating attack and how it was contained:
🔹 The trap: The attackers impersonated recruiters, and the victim was an engineer who downloaded a malicious file onto his work computer during a fake interview!
🔹 Artificial intelligence: The hackers used an internal AI tool to access wallet engineers' computers and steal credentials.
🔹 The technical vulnerability: On October 29, the hackers exploited the EIP-7702 feature on the Ethereum $ETH network to take control of the hot wallet. The attack lasted a full four hours!
🛡️ Binance's response and reassurance to users:
• $2.85 billion was frozen immediately.
• 98% of the affected tokens were fully covered and reimbursed using the company's own funds.
• Users' funds are completely safe, and no one will suffer any losses.
🕵️♂️ The Federal Bureau of Investigation (FBI) has officially pointed the finger at groups backed by North Korea.
#BinanceIncidentReport
#BinanceReopensWithdrawalsForMoreAssets
$BTC
#USMidtermElections
$QNT
