FudPanic

Back to the feed

How Did the Binance Hack Happen? Detailed Investigation of the $6 Billion Heist

0

BeInCrypto BNBBTCETH Bearish

An explainer on the Binance hack says an attacker drained about $6.15 billion across nine blockchains in 31 minutes, per BitOK's tracing. The attacker did not steal private keys but got Binance's own systems to approve transfers. The piece walks through how hot wallets, signing and nonces were involved.

Read the full story on BeInCrypto