Crypto exchange Binance freezes billions in funds amid potential $6.3bn security breach
Source: The Guardian ·
Breach may have started with a hacked laptop belonging to engineer, in incident analysts say could be of the most significant intrusions on recordBinance, the world’s largest cryptocurrency exchange, has said it’s investigating reports of a potential $6.3bn security breach that analysts said could amount to the most significant incident relating to digital assets on record.It wasn’t immediately…
From the source
Binance, the world’s largest cryptocurrency exchange, has said it’s investigating reports of a potential $6.3bn security breach that analysts said could amount to the most significant incident relating to digital assets on record. It wasn’t immediately clear the extent of the damage hackers might have been able to cause, and Binance did not explicitly confirmed that funds had been stolen. The company said its teams are “working around the clock” to resolve the issue. “Rest assured that user funds are completely safe,” a Binance spokesperson said in a statement. Binance said it had worked with partners to freeze the affected assets, with about $3bn located so far. It gave no update on the status of the remaining $3.3bn as Binance co-founder Yi He said the company would cover “all hacking losses”. An initial investigation suggested the breach may have started with a hacked laptop belonging to one of its engineers, which let an attacker gain access to one of its systems and make…
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