Binance hackers used fake job interview in $6.3 bil. attack

Hackers employed a deceptive job interview and concealed software within an advertisement to infiltrate the systems of two Binance software engineers prior to utilizing a third individual's computer to siphon $6.3 billion worth of cryptocurrency during the most recent record-breaking heist, as reported by the exchange on Tuesday.

Binance provided a detailed account of the intricate multi-stage hacking operation that commenced in June, resulting in a series of security breaches culminating in the theft on Thursday. Despite Binance's efforts to fortify its system and suspend withdrawals following the detection of the attack late on Thursday, the hackers continued to extract crypto from the exchange nearly four hours after the initial theft, according to Binance.

The FBI has attributed the cyber attack to a North Korean hacking group, a claim which North Korea has refuted. Binance has assured that it is reimbursing all customers whose funds were stolen. This high-profile breach has prompted inquiries into how hackers managed to breach the world's largest cryptocurrency exchange, considering the exchange's history of North Korea-linked attacks that have evolved in terms of both ambition and frequency.