◾ ◾ ◾ Expert Explained How Hackers Gained Access to Binance's Withdrawal System About $6.3 billion was withdrawn from Binance wallets in an attack that TRM Labs analysts linked to the North Korean TraderBugd group - the largest cryptocurrency theft in history. Crypto expert Arthur Ratner told RTVI how hackers can bypass the security of the exchange. ◾ The attack began on the evening of October 29: the attacker withdrew $6.36 billion through ten blockchains, most of them within 20 minutes. According to Binance, the entry point was the compromised laptop of a DevOps engineer, through which the hacker gained access to the internal service and withdrew funds without stealing private keys. ◾ "If an attacker gains control of the system that approves and signs transactions, he may withdraw funds from multiple wallets without directly stealing private keys," Ratner explained. Binance froze about $3 billion and promised to cover the losses from the SAFU fund. An additional $2.4 billion is in Bitcoin and the site, which cannot be blocked. ◾ "Frozen assets are not necessarily already returned to the stock exchange, and assets that are not frozen are not necessarily completely lost," the expert noted ◾.

◾ ◾ ◾ Expert Explained How Hackers Gained Access to Binance's Withdrawal System About $6.3 billion was withdrawn from Binance wallets in an attack that TRM Labs analysts linked to the North Korean TraderBugd group - the largest cryptocurrency theft in history. Crypto expert Arthur Ratner told RTVI how hackers can bypass the security of the exchange. ◾ The attack began on the evening of October 29: the attacker withdrew $6.36 billion through ten blockchains, most of them within 20 minutes. According to Binance, the entry point was the compromised laptop of a DevOps engineer, through which the hacker gained access to the internal service and withdrew funds without stealing private keys. ◾ "If an attacker gains control of the system that approves and signs transactions, he may withdraw funds from multiple wallets without directly stealing private keys," Ratner explained. Binance froze about $3 billion and promised to cover the losses from the SAFU fund. An additional $2.4 billion is in Bitcoin and the site, which cannot be blocked. ◾ "Frozen assets are not necessarily already returned to the stock exchange, and assets that are not frozen are not necessarily completely lost," the expert noted ◾.