Tech News
← Home  ·  All topics

Devops Engineer

2 GoKawiil briefs on this topic

Binance Confirms $6.3 Billion Hack, Vows to Cover All Customer Losses

Binance confirmed that hackers stole $6.3 billion after compromising a DevOps engineer's laptop, which allowed unauthorized withdrawal transactions from the exchange. The company has paused all withdrawals, is working with the FBI and US Secret Service, and says it will reimburse affected traders using its own reserves, with $5 billion already held in matching tokens.

Binance says $6.3 billion stolen in hack, vows to cover user losses

Binance disclosed that attackers stole $6.3 billion in crypto assets from the exchange, calling it the largest crypto hack on record. The company said roughly $3 billion has since been frozen, user funds remain safe, and it has set aside over $6.34 billion of company funds—including $5 billion in the exact impacted tokens—to cover the shortfall.