Shocking Details On the Binance Hack: Fake Job Interviews and Months of Access

Binance disclosed that the October 29 breach, which led to the theft of $6.3 billion, began with fake job interviews used to compromise two engineers' computers separately, with the first incident occurring months before the attack. The attackers maintained access for an extended period, employing tactics that other cryptocurrency companies had flagged well before the breach. Binance revealed the details on November 3, describing how the two compromised engineers were targeted independently. The scale of the loss and the lengthy infiltration period underscore persistent operational-security risks at centralized exchanges. What to watch next is whether Binance details remediation measures and whether regulators or counterparties respond to the disclosure.