binanceceonew

On November 9, 2026, Binance Co-CEOs Richard Teng and Yi He joined Chief Security Officer (CSO) Jimmy Su for a live X Spaces session to answer user questions and outline long-term defense upgrades.
Thwarted Cyberattacks: CSO Jimmy Su revealed that Binance has successfully blocked 57 suspected North Korea-linked cyberattacks in 2026 alone, noting that persistent nation-state threats are a daily reality for major crypto platforms.
Attack Vector Revealed: Su explained that the October 29 breach—attributed by the FBI and blockchain intelligence firms to North Korea's TraderTraitor (Lazarus Group)—originated through social engineering involving a fake job interview that compromised a DevOps engineer's laptop. From there, attackers accessed internal service containers and exploited Ethereum's EIP-7702 delegation feature to authorize unauthorized hot wallet withdrawals without ever compromising private keys.The October 29 Breach & Financial Coverage
Scale of the Incident: Starting at 20:05 UT$C on October 29, attackers drained approximately $6.3 billion to $BNB 6.36 billion across 10 blockchains within a 20-minute window, making it the largest cryptocurrency theft in history.
​Immediate On-Chain Freezes: Stablecoin issuers Tether and Circle acted rapidly alongside security partners to freeze roughly $2.7 billion to $3 billion in stolen $ and $USDC directly on-chain, preventing nearly half of the stolen value from being laundered.
​100% User Fund Protection: Co-CEOs Richard Teng and Yi He immediately guaranteed that Binance would absorb the entire financial impact so zero users lose funds. The exchange mobilized 7,499$BTC (~$581 million) from its Secure Asset Fund for Users (SAFU) alongside over $6.34 billion in corporate reserves to purchase replacement tokens on the open market.#Binance #SecurityAlert #BinanceCEONew #ProtectYourInvestment #BinanceSquareFamily