Global Stock News

Binance battles to save its brand after record $6.3bn crypto hack | Cryptocurrencies

Binance battles to save its brand after record $6.3bn crypto hack | Cryptocurrencies

This week in tech, we’re discussing the fallout from the multibillion-dollar hack of Binance and the significance of Lula’s political mobilization on WhatsApp.

And if you’ll be at Web Summit in Lisbon next week, drop me a line! I’ll be there moderating panels on open-source AI and human agency in the age of AI agents.

After a multibillion-dollar hack, Binance faces a crisis of trust

The world’s largest cryptocurrency exchange endured the world’s largest online theft late last week. Binance was hit by a $6.3bn heist that, according to experts, was likely the work of North Korean hackers.

More than $2.5bn of the $6.3bn was taken in one transaction alone. A Binance engineer’s laptop was infiltrated, which in turn allowed the…

Source link

Share this article

Scroll to Top