Binance Hack: One Fake Interview Opened $6.34 Billion
By Tobi Opeyemi Amure
AI summary of the source article
Binance disclosed details of a multi-stage cyberattack that impacted approximately $6.34 billion, attributed by the FBI to North Korea. Attackers used fake job interviews, compromised internal tools, and Ethereum's EIP-7702 mechanism to authorize transactions outside the normal withdrawal process.
Why it matters
The operational lesson is the gap between a paused withdrawal switch and a live instruction already on a blockchain.
Key facts
- Binance reported an impact of about $6.34 billion from the 29 October theft, with roughly $2.85 billion frozen or intercepted.
- The breach involved a fake job interview where an engineer downloaded malicious software onto a work computer, compromising internal systems.
- The attackers used Ethereum's EIP-7702 mechanism to delegate execution rights to a controlled contract, bypassing the ordinary withdrawal system.
Source excerpt · FinanceFeeds
The Binance hack was not a romance with a North Korean spy, and it was not one careless click. On 3 November 2026 the exchange published its first account of the 29 October theft: a tampered installer in June, a fake job interview in September, an internal artificial-intelligence tool used as a bridge on 20 October, and a container launched from a third engineer's computer on the day the wallets m…