Binance Breach Post-Mortem and Exchange Security
Binance published details of a $6.34B loss that began with a tampered tool installed by an engineer. Bybit's CEO also says exchanges must prepare for hacks.
What we know
An account on X summarizes the Binance account of a compromised homebrew install and credential rotation. Wu Blockchain shares Bybit CEO Ben Zhou's remarks on preparing for hacks.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.