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Cryptocurrency exchange Binance hacked for billions

Outlets agree that hackers stole billions from Binance following a bogus job interview, though they differ slightly on the exact sum.

Binance t-shirt and bag - 2022-07-09
Photo · Bretwa / Wikimedia Commons · CC BY-SA 4.0 · shown in black and white

At a glance

  • Binance reported a massive theft from its cryptocurrency exchange.24
  • The operation involved malicious software and fake job interviews.34

The cryptocurrency exchange Binance was compromised in a massive digital heist.24

According to the company, the attackers used a fake job interview and malicious software to gain system access.34

The intrusion reportedly began with an inadvertent malware download in June.14

North Korea is suspected to be behind the operation.13

Where sources agree

  • Binance cryptocurrency exchange was targeted4 of 4
  • Fake job interviews were used3 of 4
  • Malware was involved3 of 4

Where sources differ

What is the exact financial loss reported from the Binance hack?

$6.3 billion1

$6.34 billion3

We show both readings and don't pick a side.

Who covered this

3 National1 International

Sources

  1. 1AxiosThat dream job offer might be from a North Korean hacker ↗
  2. 2TechCrunchResearchers warned of North Korean hacking tactics years before record $6.3B Binance heist ↗
  3. 3WiredBinance Says Hackers Used Well-Known Tricks to Carry Out a $6.34 Billion Heist ↗
  4. 4The GuardianHackers behind $6.3bn Binance heist ‘used malware and bogus job interviews’ ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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