Back to News
Binance's Teng On Hack Said Attacker Also Used A Self-Destruct Mechanism That Destroyed Tooling And Traces As They Went

BINANCE'S TENG ON HACK: ATTACKER ALSO USED A SELF-DESTRUCT MECHANISM THAT DESTROYED TOOLING AND TRACES AS THEY WENTBINANCE'S TENG: WE ARE REBUILDING THE WITHDRAWAL SERVICE, AND WE ARE NOT SWITCHING IT BACK ON UNTIL IT PASSES RIGOROUS TESTINGBINANCE'S TENG: WE ARE CONDUCTING A FULL SECURITY REVIEW ACROSS THE ENTIRE COMPANY — ENDPOINTS, CLOUD, KEY MANAGEMENT, SIGNINGBINANCE'S TENG: WE ARE SHARING A FULL PROOF OF RESERVES REPORT BY MONDAYBINANCE'S TENG: WHAT WAS AFFECTED IN THIS INCIDENT WAS BINANCE'S OWN HOT WALLETBINANCE'S TENG: ATTACKER USED A KNOWN MULTI-SIGNATURE PROTOCOL EIP-7702, TO OBTAIN ON-CHAIN EXECUTION APPROVAL OVER A HOT WALLET