The $6.3B Binance Hack Was Pulled Off in Just 20 Minutes
A report says cybercriminals breached the Binance platform and transferred roughly $6.3 billion in assets in an operation that lasted about twenty minutes. The theft highlights ongoing security challenges for exchanges and has prompted Binance to launch an investigation and cooperate with authorities to trace the stolen funds. Regulators and investors have expressed concern over the scale of the loss and the speed of the breach.