Binance Releases First $6.3B Hack Findings, Reports No Key Leak Evidence

Binance’s initial investigation points to a possible employee laptop compromise behind a security incident with an estimated $6.3 billion impact. The crypto exchange reported no evidence of a wallet private key leak and pledged to cover all losses. Binance released its first detailed findings on the estimated $6.3 billion hack on Oct. 29, pointing to a possible employee laptop compromise and reporting no evidence of a wallet private key leak. In its preliminary investigation findings , the company stated: “Binance’s initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions.” The preliminary account followed hours of scrutiny after analysts detected billions of dollars leaving its wallets, and founder and former…

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