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Binance Details Four-Month Path From Tainted Developer Install to $6.34 Billion Drain

By Unchained

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AI summary of the source article

Binance published an initial report detailing how attackers drained approximately $6.34 billion in digital assets on Oct. 29. The intrusion began in June with a tampered software install and progressed through a fraudulent job interview in September.

Key facts

  • Attackers drained about $6.34 billion in digital assets on Oct. 29 across multiple hot wallets holding XRP, SOL, OP, BTC, and ETH.
  • The breach involved a tampered Homebrew install in June and zero-day malware delivered to an engineer's machine via a fake job interview assignment in September.
  • Binance reported rebuilding its affected wallet systems and stated that 98% of impacted token assets had been replenished as of Oct. 31.

Source excerpt · Unchained

In its initial report on the Oct. 29 theft, the exchange describes a months-long campaign that ended with a stolen deployment token and an Ethereum EIP-7702 trick on an MPC hot wallet. The post Binance Details Four-Month Path From Tainted Developer Install to $6.34 Billion Drain appeared first on Unchained .