Binance admits massive crypto theft via internal AI and staff breach

Community Trust Score Verified 86 % Real Verified 14 votes Updated 51 seconds ago Binance disclosed that hackers stole $6.34 billion in cryptocurrency by exploiting the exchange’s internal artificial intelligence tools and compromising employee systems. The theft was detailed in a security report released on Nov. 3, which outlined the specific mechanisms used by the attackers to gain unauthorized access to the platform’s core infrastructure. According to the security report, the breach occurred on Oct. 20. Attackers utilized a compromised employee computer as an entry point into Binance’s internal network.

Source: The Currency Analytics