Skip to main content
Back to news
SafetyHigh impact — Significance is rated automatically and is not a price signal.

Binance Hackers Had 8 Weeks of Access Before $6.3B Exploit, Security Alliance Estimates

(4 hours ago) · 1 source · Summarized by CryptoBipto

Security Alliance estimates that hackers had approximately eight weeks of access to Binance systems before executing what is reported as a $6.3 billion exploit. The timeline suggests the attackers were able to move through the exchange's infrastructure for an extended period before the breach was detected or acted upon.

WHY IT MATTERS

A cryptocurrency exchange is like a bank where people store and trade digital currencies.

Read the full analysis with a CryptoBipto membership

Members read why every story matters and the full analysis behind it.

SOURCES

  • cointelegraph.com

RELATED

Exchange SecurityBinanceCrypto HacksCybersecurityCustody Risk