CoinDesk· Shaurya Malwa·· 2d agoSelected
Binance reports $5 billion stolen in hack, citing compromised DevOps engineer's laptop
Original source: CoinDeskRead original
AI brief
Binance confirmed that approximately $5 billion was stolen in a hack, with about $2.5 billion of the funds frozen. The exchange attributed the attack to a compromised laptop belonging to a DevOps engineer. No specific attack vectors, affected user details, or official investigation progress have been disclosed.
Why it matters
The report provides the first official confirmation of the scale of the hack, which is significant for crypto market stability, though it lacks details on the attack method and investigation status.
Source: CoinDesk · coindesk.com