Hackers compromised two Binance engineers by exploiting an internal artificial intelligence tool before stealing $6.34 billion in cryptocurrency. According to the security report published on November 3, the attack involved a compromised computer, stolen credentials and a malicious coding assignment. On October 29, the attackers gained access to wallet-signing operations and initiated unauthorized transactions across several blockchain networks. The investigation did not establish that an AI model autonomously planned or executed the theft. Binance froze or intercepted approximately $2.85 billion in assets and commissioned an independent security review while preparing partnerships with AI companies, blockchain industry participants and cybersecurity firms.
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