Day News Recap: Binance hit by record crypto hack as Middle East tensions and Ukraine strikes escalate
Binance said hackers stole about $6.3bn from its wallets in what appears to be the largest cryptocurrency theft on record, forcing the exchange to suspend deposits and withdrawals while it froze $2.54bn in funds amid a potential security issue. The company said the attack began with a staff laptop compromise and that it was still assessing the full scale of the breach. 🔗 🔗Maritime security fears deepened in the Gulf after Iran's Revolutionary Guard said two oil tankers encountered incidents in the Strait of Hormuz, while Qatari mediators arrived in Tehran to push ceasefire diplomacy between the United States and... [Continue Reading]
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Breakfast News Recap: Binance hack shocks crypto as Ukraine, Middle East and US election tensions mount
Binance said attackers tried to steal up to US$6.3 billion in digital funds after compromising a staff laptop, in what appears to be the largest hack in the cryptocurrency sector to date. The exchange said at least US$2.54 billion has been frozen as it investigates the security issue. 🔗 🔗In Ukraine, Russia said it struck energy infrastructure in and around Kyiv, while a Russian drone attack on Dnipro hit the city’s main railway station, according to the UN’s top humanitarian official in the country. Separately, a Russian strike on Chernihiv killed two teenage girls and damaged homes, businesses and vehicles.... [Continue Reading]
Binance hit by largest-ever crypto hack after staff laptop compromise
Binance says attackers attempted to steal up to US$6.3 billion in digital funds in what appears to be the largest hack in the cryptocurrency sector to date. The exchange said the incident began after hackers may have gained access to a staff member's laptop. It also said users' funds are safe and that it will cover all hacking losses.The company said the true scale of the theft is still unclear, but about US$3 billion in funds were reported frozen. Crypto watchers said the funds were moved this morning from a number of hot wallets, which are internet-connected wallets used for... [Continue Reading]
