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Binance wallets suffered a theft of about $6.36 billion across 10 blockchain networks in roughly 20 minutes. Preliminary investigations suggested that a laptop belonging to an engineer on the development and operations team had been compromised, allowing unauthorized withdrawal requests to be sent. TRM Labs, meanwhile, pointed to the possibility that the infrastructure used to sign hot-wallet transactions had been compromised. The platform found no evidence that private keys had been exposed. Binance froze assets linked to the incident and pledged to compensate users, while investigations are ongoing to identify those responsible.
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