Binance’s investigation into its $6.3 billion hack has uncovered “additional points of breach,” the exchange said , after initially pointing to a potentially compromised laptop. The exchange said it was still gathering facts in coordination with law enforcement. Binance said it remained on track to resume withdrawals in 45 hours, while deposits remained unaffected.
Cointelegraph reported that Binance said its investigation had uncovered additional points of breach after initially pointing to a possibly compromised laptop, and that it remained on track to resume withdrawals in 45 hours.
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Cointelegraph reported that Blockaid said it had identified roughly $3.3 billion in suspicious transfers involving Binance-linked wallets across Ethereum, Arbitrum and Avalanche.
Blockchain security firm Blockaid said its team had identified roughly $3.3 billion in suspicious transfers involving Binance-linked wallets across Ethereum, Arbitrum and Avalanche.
Cointelegraph reported that Circle CEO Jeremy Allaire said Circle had frozen more than $800 million in USDC in coordination with law enforcement.
Circle CEO Jeremy Allaire said the company had frozen more than $800 million in USDC in coordination with law enforcement and would continue supporting the investigation.
Cointelegraph reported that Richard Teng said the attacker used a self-destruct mechanism to destroy tools and traces, complicating the investigation.
Teng also disclosed that the attacker used a “self-destruct mechanism” to destroy tools and traces during the breach, complicating the investigation.
Cointelegraph reported that co-CEO Richard Teng said Binance was aiming to resume withdrawals within 40 hours and publish a full proof-of-reserves report by Monday.
Binance is aiming to resume withdrawals within 40 hours and publish a full proof-of-reserves report by Monday, co-CEO Richard Teng [said]
Cointelegraph reported that co-CEO Richard Teng said the attacker used an EIP-7702 delegation to gain execution authority over a hot wallet, and that the delegation did not pass through Binance's normal approval controls.
The attacker used an EIP-7702 delegation to gain execution authority over a hot wallet, Teng said. That delegation “did not pass through our normal approval controls.”