US strikes Iran's Qeshm Island as Qatar-mediated talks stallDemocrats secure Senate majority as Americans vote in midtermsDozens killed at Zaporizhzhia aid site as Russia hits grid and Kyiv strikes refineryTrump says US military aid to Israel ends this year, surprising Israeli officialsHouthis press toward Aden as attacks on Saudi Arabia delay Asian CupAfrica CDC raises Ebola toll to 5,376 as Israel isolates two suspected casesUS-brokered Russia-Ukraine talks set for Abu Dhabi as Europe seeks a roleCyclone Murasu hits Andhra Pradesh after Cyclone ArnabOil slips below $101 after Qeshm-driven jump as IEA warns of long gas squeezeThree more tankers explode in Hormuz while an Indian is killed in attack near OmanDrones become top killer of civilians in Sudan's war, UN saysFreezer hacks reach Germany, UK and Greece after wave across EuropeBinance details months-long hack campaign as North Korea denies roleAI borrowing tests credit markets as investors seek protectionSpain's transport minister resigns after Urda rail crashIsraeli opposition unites behind Eisenkot but stays split over Arab partiesAustralia raises rates to 18-year high as ECB succession race opensRow over German riots continues as Madrid housing camp is dismantledBlack Sea shipping attacks widen and test NATO limitsUK and EU complete deal to remove Brexit checks on food and animal productsChina halts new listings after worst stock market month in over a decadeSchaeffler to cut 3,460 jobs in Europe and close five plantsGreenland's parliament ratifies security deal with US and DenmarkNvidia tells data-centre clients to cut China exposureKremlin says work under way on Trump-Putin-Xi meeting at APEC summitNigeria: bandits abduct 14 pupils and a teacher, police ambushed in ZamfaraCourts rebuff Trump administration on votingPoland sends special forces to Kaliningrad border after Tusk warns of provocationBangladesh garment workers defy calls to end wage protests on fourth dayNew York child dies of measles, state's first fatal case in 30 yearsUS suspends South Africa and Rwanda from AGOA trade programmeBomb threats force flight diversions across EuropeEU court adviser says Google's Gemini may infringe press copyrightBrazil publishes first global roadmap for phasing out fossil fuelsChina accuses Philippine politicians of 'intolerable' conduct as tensions riseNorth Korea warns Japan over missiles and joint drillsIsraeli forces kill four more in Gaza, bringing post-ceasefire toll near 1,600Western Sahara conflict risks escalation as UN mission endsPolish Constitutional Tribunal standoff deepensCzech public media strike against Babiš government's funding changesZelensky confirms Ukrainian hack of Russian emergency alert appUS strikes Iran's Qeshm Island as Qatar-mediated talks stallDemocrats secure Senate majority as Americans vote in midtermsDozens killed at Zaporizhzhia aid site as Russia hits grid and Kyiv strikes refineryTrump says US military aid to Israel ends this year, surprising Israeli officialsHouthis press toward Aden as attacks on Saudi Arabia delay Asian CupAfrica CDC raises Ebola toll to 5,376 as Israel isolates two suspected casesUS-brokered Russia-Ukraine talks set for Abu Dhabi as Europe seeks a roleCyclone Murasu hits Andhra Pradesh after Cyclone ArnabOil slips below $101 after Qeshm-driven jump as IEA warns of long gas squeezeThree more tankers explode in Hormuz while an Indian is killed in attack near OmanDrones become top killer of civilians in Sudan's war, UN saysFreezer hacks reach Germany, UK and Greece after wave across EuropeBinance details months-long hack campaign as North Korea denies roleAI borrowing tests credit markets as investors seek protectionSpain's transport minister resigns after Urda rail crashIsraeli opposition unites behind Eisenkot but stays split over Arab partiesAustralia raises rates to 18-year high as ECB succession race opensRow over German riots continues as Madrid housing camp is dismantledBlack Sea shipping attacks widen and test NATO limitsUK and EU complete deal to remove Brexit checks on food and animal productsChina halts new listings after worst stock market month in over a decadeSchaeffler to cut 3,460 jobs in Europe and close five plantsGreenland's parliament ratifies security deal with US and DenmarkNvidia tells data-centre clients to cut China exposureKremlin says work under way on Trump-Putin-Xi meeting at APEC summitNigeria: bandits abduct 14 pupils and a teacher, police ambushed in ZamfaraCourts rebuff Trump administration on votingPoland sends special forces to Kaliningrad border after Tusk warns of provocationBangladesh garment workers defy calls to end wage protests on fourth dayNew York child dies of measles, state's first fatal case in 30 yearsUS suspends South Africa and Rwanda from AGOA trade programmeBomb threats force flight diversions across EuropeEU court adviser says Google's Gemini may infringe press copyrightBrazil publishes first global roadmap for phasing out fossil fuelsChina accuses Philippine politicians of 'intolerable' conduct as tensions riseNorth Korea warns Japan over missiles and joint drillsIsraeli forces kill four more in Gaza, bringing post-ceasefire toll near 1,600Western Sahara conflict risks escalation as UN mission endsPolish Constitutional Tribunal standoff deepensCzech public media strike against Babiš government's funding changesZelensky confirms Ukrainian hack of Russian emergency alert app
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Symbolic image: Binance details months-long hack campaign as North Korea denies roleSymbolic image

Binance details months-long hack campaign as North Korea denies role

12 sources

Binance says the record $6.3bn heist grew out of tampered software and fake job interviews months earlier. North Korea rejects the FBI's attribution.

In its report on Tuesday, Binance said an employee of its wallet developer team downloaded a tampered tool in June. In September, a job-seeking engineer was lured into an interview with the supposed chief executive of a fictitious company and downloaded a malicious code repository. On 20 October the attacker used that computer and an internal AI tool to take over the systems of two wallet developers. On Thursday, 29 October, a malicious script moved 233.46 million XRP out of five hot wallets in four minutes, and other withdrawals continued nearly four hours after the first theft.

Pyongyang rejects FBI blame

The FBI blamed North Korea on Saturday; Folha de S.Paulo reports it named the group TraderTraitor. Kim Yo-jong, sister of Kim Jong-un, called the claim "absurd rhetoric" via the state agency KCNA. The Financial Times reports the stolen funds are expected to take months to launder.

Outflows and recovery

Binance says $2.85bn of the $6.34bn drained was frozen or intercepted and that it is repaying affected customers. According to the company, net outflows reached $4.7bn by Monday morning, within expectations, with deposits rising again. Bloomberg reports Binance is losing market share to rivals.

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