Binance says hackers who stole billions in crypto spent months planning heist

What happened: Binance said hackers spent months planning a theft from its wallets, using social engineering and novel malware, and compromised an engineer's laptop last Thursday to withdraw assets. Key numbers: $6.34 billion initially targeted, the biggest sum ever targeted in a crypto theft. $2.85 billion frozen or intercepted. Planning began no later than June. Why it matters: The FBI and TRM Security attributed the heist to North Korean actors. Binance said it has set aside funds to cover the loss and published a Proof of Reserves page. Coverage: 4 outlets in 24h

Binance said hackers spent months planning a theft from its wallets, using social engineering and novel malware, and compromised an engineer's laptop last Thursday to withdraw assets.

The FBI and TRM Security attributed the heist to North Korean actors. Binance said it has set aside funds to cover the loss and published a Proof of Reserves page.