Skip to main content

Share story

Security Products

Binance says breach affected about $6.3 billion in assets

Binance says breach affected about $6.3 billion in assets Image: Primary
Binance said its security incident affected about $6.3 billion in assets and that nearly $3 billion had been frozen on-chain. Its initial investigation suggests a compromised DevOps engineer's laptop allowed an attacker to access a service container and submit unauthorized withdrawals. The exchange said it found no evidence of a wallet private key leak and would cover all losses using its Secure Asset Fund for Users and its own funds. Deposits and withdrawals remain temporarily suspended while security checks are completed.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Hacker News and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Security Products
Security Products

Binance suspends all deposits and withdrawals during security investigation

Binance temporarily suspended all deposits and withdrawals while investigating security issues and working with law enforcement, the Financial Times reported. Tether and Circle froze billions of dollars' worth of their coins as the exchange investigated.

Security Products
Security Products

Suspected Binance hack triggers emergency asset freezes

A suspected hack affecting billions of dollars in funds on Binance triggered emergency asset freezes and falling digital asset prices, Bloomberg reported. Executives at the cryptocurrency exchange said they were investigating and that customer funds were safe.

Security Products
Security Products

Fake trading app removed from Apple's App Store after wallet theft

A fake Padre Terminal cryptocurrency trading app has been removed from Apple's App Store after blockchain investigator Iris confirmed that one victim was compromised through it, BleepingComputer reports. Iris says the app drains wallets when users import private keys.