Tech article
Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist
Publisher description: Cybersecurity experts have long warned of the persistent and patient threat from North Korea's long-running hacks. The world's largest crypto exchange was still caught off-guard.
TechCrunch | Nov 3, 2026 | Zack Whittaker
Automated excerpt
Crypto giant Binance says North Korean hackers used fake social media profiles and the lure of a potential job offer as part of a months-long scheme aimed at tricking an employee into downloading malicious software onto their laptop. This latest attack allowed the hackers to patiently worm their way into Binance’s systems to steal a record $6.3 billion in crypto last week, the company has now confirmed. In its latest statement, Binance said that North Korean hackers, posing as recruiters hiring for a job, contacted a software engineer who works on wallets at the company.
Selected automatically from source text; not independently written or fact-checked. Read the original for full context.