Binance Discloses Multi-Stage Cyberattack Involving Social Engineering and Tampered Homebrew Tools

Binance disclosed a $6.43 billion cryptocurrency theft resulting from a multi-stage attack involving social engineering targeting engineers and exploitation of a tampered Homebrew installation. The breach highlighted vulnerabilities in supply chain security and AI tool misuse.

Binance on Tuesday said the record-setting theft of $6.43 billion in assets from the world's largest cryptocurrency exchange was the culmination of a "sophisticated, multi-stage campaign" that involved the use of a tampered Homebrew installation and recruitment-themed social engineering attack targeting two of its engineers.

"It was not a single isolated breach or a simple phishing incident,"

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