19 hours ago

Binance Co-CEO Says Attackers Used Self-Destruct Tools to Hide $6.3B Hack Traces

TLDR: Teng said multiple people took part in the roughly $6.3 billion Binance hack disclosed on October 30. Self-destruct mechanisms erased the attackers’ tools and traces, making the hack harder to trace.  Attackers used EIP-7702 to gain on-chain authority over a hot wallet, bypassing approval controls. Binance targets withdrawal restoration within 40 hours and a [...]

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Source: Blockonomi →