Hacker Binance At $6.3 billion called to borrow the reserves of the world's largest crypto exchange promises full coverage of losses after a major attack on it. But the incident raised questions about securing customer assets. Investors are pulling back from major platforms, and the crypto market is experiencing a wave of liquidity. The world's largest crypto exchange, Binance, is investigating a massive security incident. The company estimates its total impact at #036;6.3 billion. According to Visalicia, which leads Reuters, at least $5.912 billion was actually stolen. About and #036,3 billion managed to freeze, but the fate of the remaining assets has not yet been established. The scale of the attack significantly exceeds the previous record - a hack in Bit in February 2025, when the attackers stole over 1.5 billion. According to Binance's initial release, the attackers were able to gain access to the DevOps engineer's device, and then to the service container through which they initiated unauthorized operations. The company has yet to find any signs of leaking private keys. CoinDesk launched a possible attack mechanism using EIP-7702, an Ethereum feature that allows the wallet to delegate control to program code. According to the publication, after receiving the required signature, the attackers managed to turn the 14-year-old's wallet into a tool for automatic transfer of incoming funds. The company TRM Labs with high confidence links the attack with the TraderTraitor organization, which is associated with the DPRK. This is a version of blockchain analysts, not an opinion verified by law enforcement or Binance. CoinDesk drew attention to proof-of-reserve data - published by Binance - data on reserves that provide customer balances. The 14-year-old wallet at the center of the event was on the backup list.

Hacker Binance At $6.3 billion called to borrow the reserves of the world's largest crypto exchange promises full coverage of losses after a major attack on it. But the incident raised questions about securing customer assets. Investors are pulling back from major platforms, and the crypto market is experiencing a wave of liquidity. The world's largest crypto exchange, Binance, is investigating a massive security incident. The company estimates its total impact at #036;6.3 billion. According to Visalicia, which leads Reuters, at least $5.912 billion was actually stolen. About and #036,3 billion managed to freeze, but the fate of the remaining assets has not yet been established. The scale of the attack significantly exceeds the previous record - a hack in Bit in February 2025, when the attackers stole over 1.5 billion. According to Binance's initial release, the attackers were able to gain access to the DevOps engineer's device, and then to the service container through which they initiated unauthorized operations. The company has yet to find any signs of leaking private keys. CoinDesk launched a possible attack mechanism using EIP-7702, an Ethereum feature that allows the wallet to delegate control to program code. According to the publication, after receiving the required signature, the attackers managed to turn the 14-year-old's wallet into a tool for automatic transfer of incoming funds. The company TRM Labs with high confidence links the attack with the TraderTraitor organization, which is associated with the DPRK. This is a version of blockchain analysts, not an opinion verified by law enforcement or Binance. CoinDesk drew attention to proof-of-reserve data - published by Binance - data on reserves that provide customer balances. The 14-year-old wallet at the center of the event was on the backup list.