BINANCE DETAILS MULTI-STAGE DPRK CAMPAIGN BEHIND $6.34B HACK! @binance says the October 29 incident was a sophisticated, multi-stage operation that began months earlier with a…
Original source excerpt
🚨BINANCE DETAILS MULTI-STAGE DPRK CAMPAIGN BEHIND $6.34B HACK! @binance says the October 29 incident was a sophisticated, multi-stage operation that began months earlier with a supply-chain attack, …
🚨BINANCE DETAILS MULTI-STAGE DPRK CAMPAIGN BEHIND $6.34B HACK! @binance says the October 29 incident was a sophisticated, multi-stage operation that began months earlier with a supply-chain attack, followed by social engineering through fake job interviews, malware on employee devices, and the use of compromised internal AI tooling to reach wallet infrastructure. Attackers then gained access to a wallet signing service and used Ethereum’s EIP-7702 to maintain control and move assets even after withdrawals were suspended. Binance has frozen or intercepted roughly $2.85B and says it will absorb the full loss. The FBI has attributed the attack to the Democratic People’s Republic of Korea.
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