Binance blames employee laptop breach for $6.3 billion theft

On October 29 Binance released early findings from its probe into the massive hack. Investigators believe intruders gained access through a DevOps engineer’s laptop and triggered unauthorized withdrawals from an internal container.

The exchange found no signs that wallet private keys had been exposed. It has so far frozen roughly $3 billion on-chain out of the estimated $6.3 billion total loss.

Changpeng Zhao said the company will cover every shortfall using its SAFU fund and corporate reserves. He thanked rival firms for their support during the overnight response.

Withdrawals remain paused until security checks finish, according to co-CEO Yi He.

Based on information from cryptonews.net