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Billions stolen as Binance targeted in largest cryptocurrency hack in history

Billions stolen as Binance targeted in largest cryptocurrency hack in history

Cryptocurrency exchange Binance has suffered the largest hack in the sector’s history, with attackers attempting to steal $US6.3 billion ($8.9 billion) in digital funds this morning.

The true scale of the theft is still unclear, with approximately $US3 billion ($4.2 billion) in funds currently frozen.

“This is definitely the largest [crypto hack] to date,” said Nicholas Turnbull, a blockchain forensics expert and the director of Crypto Consulting Australia.

“You won’t know [the full impact] until the dust all settles down.“

Binance confirmed in a statement to ABC News that it had been the victim of an attack, saying hackers may have gained access to a staff member’s laptop.

“We have found no evidence of any wallet private key leak,” a…

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