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Binance traces $6.3 billion hack to one engineer's compromised laptop

Binance said in a statement that the estimated impact of the hack was around $6.3 billion and the incident might involve a compromised DevOps engineer's laptop.

Binance traces $6.3 billion hack to one engineer's compromised laptop

Binance disclosed that the $6.3 billion cyber heist may have been carried out by a compromised laptop of a DevOps engineer. The estimated total impact of the hack is around $6.3 billion. The attacker gained access to a service container, and was able to submit unauthorized withdrawal transactions. Binance froze ~$3 billion of affected assets, and the company will cover all losses using the SAFU fund and its own funds.

User funds remain safe. Binance has not found any evidence of a leaked wallet private key. The company is working with law enforcement to identify and apprehend the criminals. Binance has temporarily suspended deposits and withdrawals while conducting security checks.

Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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