Binance says hackers who stole billions in crypto spent months planning heist
Summary
Binance reports that hackers spent months planning a multi-stage theft, using social engineering, tampered software, and novel malware to compromise engineers and take control of wallets. The incident highlights advanced threat activity, on-chain authorization abuse (EIP-7702), and complex containment challenges that led to $2.85B in assets frozen, with ongoing laundering tracked by TRM Security.