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Binance hack: How did the world’s biggest crypto heist happen?

Binance hack: How did the world’s biggest crypto heist happen?

“A security incident.” That was how Binance, the world’s largest cryptocurrency exchange, described a hack that cost it over $6 billion in assets, making it the largest crypto heist in history.

Though operations are returning to normal a week on, the attack has left a lasting mark on the fintech sector. Regulators and conservative investors are now asking sharper questions of a market that is already controversial and often misunderstood.

In this episode of The Hindu’s In Focus podcast, host Sahana Venugopal speaks to The Hindu’s Technology Editor John Xavier about how the hack unfolded, who may be behind it, and what it means for the wider financial world.

Guest: John…

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