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Crypto Exchange Hacks and What You Shouldn't Conclude From Them

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Crypto Exchange Hacks and What You Shouldn't Conclude From Them

On October 29, in about twenty minutes, $6.3 billion left Binance’s wallets. The largest crypto theft in history, more than four times the Bybit hack of February 2025. The entry point, according to the exchange itself, was an engineer’s computer, infected after a fake job interview. Two days later, Binance announced it had restored 98% The post Crypto Exchange Hacks and What You Shouldn't Conclude From Them appeared first on BeInCrypto.

Key Takeaways

  1. On October 29, in about twenty minutes, $6.3 billion left Binance’s wallets.
  2. The largest crypto theft in history, more than four times the Bybit hack of February 2025.
  3. The entry point, according to the exchange itself, was an engineer’s computer, infected after a fake job interview.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.