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Binance Reports Hackers Infiltrated Systems for Months Before Stealing $6.34 Billion

Binance said Tuesday (Nov. 3) that last week’s $6.34 billion hack of its cryptocurrency exchange resulted from a sophisticated, multi-stage campaign that began in June. In its initial report on the security incident, Binance said “attackers spent months working their way into its systems through a supply chain compromise, fake job interviews and an internal […] The post Binance Reports Hackers…

Binance Reports Hackers Infiltrated Systems for Months Before Stealing $6.34 Billion

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

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What "I want my own brand" actually means in a smart home OEM order

Buyers say this in the first email and mean five different things by it. The factory hears one of them, quotes for that one, and the disagreement surfaces after the deposit.

  • Buyers desire branded product in smart home OEM order
  • Five distinct requirements: packaging, device markings, firmware identity, app, and cloud identity
  • Cloud identity rarely considered until end of process

More from Tuesday 3 November →