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Attacker gets away with up to $3 billion from Binance
(www.citationneeded.news)
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this post was submitted on 30 Oct 2026
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Are you saying Binance engineers always intended to trigger a steal? Because that’s exactly what I thought when I saw the headline but I’m not well informed about block-chain security.
No, I think someone obtained one of their employees' credentials via social engineering. It's not that hard to do, you just call someone and tell them you're from IT and their password, or security key, or passkey or whatever is expiring and pretend to set them up with a new one or convince them to let you remote into their PC to make some kind of security update.
That's usually how it happens.
Thank you for explaining!
Sure thing. Have a nice Saturday!