Hackers steal £4.7billion worth of crypto in 'the largest bank heist in human history'
Early investigations suggested the breach may have started with a hacked laptop belonging to one of its engineers
TL;DR
- Hackers stole $4.7 billion from Binance, the world's largest cryptocurrency exchange.
- Analysts consider this the biggest crypto hack in history, with some calling it the largest bank heist ever.
- The attackers, suspected to be from North Korea, targeted Binance wallets across 10 blockchains.
- Binance is working with partners to freeze the affected assets and has stated it will cover all hacking losses.
- An initial investigation points to a hacked engineer's laptop as a potential entry point for the breach.
- The security breach could have wider ramifications for the crypto market, potentially dampening risk appetite and prompting reassessment of asset safety on centralized exchanges.