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Inside the Binance hack 🕵️

Inside the Binance hack 🕵️

Binance’s report traces the $6.4 billion hack back to a fake job interview, while Pyongyang calls the FBI’s finding a provocation.

Stephen Graves
November 03, 2026

📝 What you need to know

Binance has revealed how hackers pulled off last week’s record-breaking $6.3 billion heist. It started with a job interview: in September, a fake recruiter persuaded a Binance engineer to download a coding “assignment” laced with previously unknown malware. The attackers then used an internal AI tool to take over two more engineers’ computers, stole credentials to reach Binance’s wallet signing service, and exploited Ethereum’s EIP-7702 to gain partial control of a hot wallet.

It’s a familiar set of tactics employed by North Korean hackers, from fake recruiters to tampered developer tools—albeit played out on a hitherto unheard-of scale.

Pyongyang, for its part, has denied any involvement, with Kim Yo Jong calling the FBI’s finding a “grave political provocation” and hinting that the U.S. itself could be behind the theft. Binance says it has already replenished 98% of the stolen assets, while around $2.85 billion has already been frozen or intercepted with the help of law enforcement and blockchain analytics firms, said CEO Richard Teng.

Five Ways North Korea Breaks Into Crypto Firms—and How Binance Was Hacked

From fake employees and job interviews to code poisoning and AI deepfakes: here's how North Korean hackers get inside crypto companies.

📰 In the News

Ethereum Privacy Network Aztec Rolls Out Major Security and Speed Upgrade

Aztec, the privacy-focused Ethereum layer-2 network, has rolled out a major upgrade that fixes a critical vulnerability.

Liquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit

Blockstream CEO Adam Back said the sidechain's defenses have been hardened, and warned developers not to trust AI-suggested fixes blindly.

North Korea Denies $6.3B Binance Hack, Calls FBI Finding a 'Political Provocation'

Kim Yo Jong suggested the U.S. itself could be behind the theft, as Binance said hourly deposits had begun to exceed withdrawals.

Bitcoin (BTC)

November 3, 2026

$77,618

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📊 Myriad Insight of the Day

Myriad prediction market

November 3, 2026

Solana's next move: Pump to $160 or dump to $40?

Resolves when SOL hits either target first

$160 46%

$40 54%

Why it matters

Solana's slide has tipped this market: the dump to $40 now leads at 54%, the first time it's been favored since mid-September. SOL has fallen from about $102 last Wednesday to around $93, per CoinGecko, with the drop accelerating after last week's Binance hack. That leaves $40 roughly 57% away and $160 about 72% above. A week ago, with SOL near $101, the pump still led 52% to 48%.

Trade on Myriad

🕵🏻‍♀️ Editor’s Picks

Epidemic of Hacked Freezers Spreads Across Europe

A suspected hacking wave has pushed supermarket grocery freezers into defrost mode across 10 European countries.

UK Says AI-Powered Ransomware Attack on Critical Infrastructure 'Highly Likely' by 2028

The National Cyber Security Centre said AI will expose security flaws "tolerated for far too long," and called time on "tech on the cheap."

Claude Fable 5.5, GPT 6.2 Astra Could Be Right Around the Corner, Leaks Suggest

Users say Claude is routing some requests to a stronger unreleased model, and a Mythos 5.5 label appeared in Anthropic’s site code.

📚 Watch & Learn

📹 WATCH: Binance Hack Details, Midterms, US Equity Perps Approved and ETF Exodus.

🎓 LEARN: What is EIP-7702? The Ethereum Upgrade Behind the $6.4B Binance Hack

EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here's how it works.

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