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From a Fake Recruiter to a US$6.3B Theft, Here’s How the Binance Crypto Hack Happened

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From a Fake Recruiter to a US$6.3B Theft, Here’s How the Binance Crypto Hack Happened

Over the past few days, there has been a lot to unpack about the Binance hack, the largest crypto theft on record at about US$6.3 billion.

The most revealing update came from Binance itself. Its initial findings describe a campaign that ran for about five months, built on fake recruitment interviews, a tampered software download, a compromised internal AI tool, and hijacked work computers.

According to Binance, the attack was a multi-stage campaign carried out over about five months. The attackers used fake recruitment interviews, malicious software downloads, a compromised internal AI tool, hijacked laptops, and an advanced way of getting transactions authorised.

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