Binance loses billions to North Korean hackers
Original title: Binance says hackers who stole billions in crypto spent months planning heist
Hackers stole $6.34 billion in cryptocurrency from Binance after months of planning using social engineering and malware.
North Korean actors compromised an engineer’s laptop through fake job interviews and tampered software, then used internal tooling to steal assets from hot wallets. The heist targeted $6.34 billion, with $2.85 billion frozen. Binance set aside funds to cover the loss and provided a Proof of Reserves link.
- Heist began no later than June 2026
- Techniques included fake recruitment interviews and malware
- Hot wallets on Solana and Optimism drained
- Used EIP-7702 authorization mechanism on Ethereum
- Binance froze $2.85 billion in assets
Impact: stolen billions in cryptocurrency
- Vendors
- Binance
- Threat actors
- North Korean actors
- Victims
- Binance
From the original article
4 min read at arstechnica.com
Techniques included laptop infections, compromised internal tooling, and fake job interviews.
By Dan Goodin · arstechnica.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.