Binance hackers had 8 weeks of access before $6.3B exploit, Security Alliance estimates

Non-profit cybersecurity organization Security Alliance estimates that North Korea-linked hackers gained access to Binance's systems about eight weeks before a $6.3 billion exploit in October. The group reportedly employed multi-stage intrusion patterns involving fake recruitment campaigns, similar to techniques identified in other high-profile crypto heists such as the Bitget and Kelp DAO exploits. Binance attributed the breach to a compromised employee device and stolen credentials, while the FBI also attributed the attack campaign to TraderTraitor. Open article →