Binance Co-CEO Says Attackers Used Self-Destruct Tools to Hide $6.3B Hack Traces

TLDR: Teng said multiple people took part in the roughly $6.3 billion Binance hack disclosed on October 30. Self-destruct mechanisms erased the attackers’ tools and traces, making the hack harder to trace. Attackers used EIP-7702 to gain on-chain authority over a hot wallet, bypassing approval controls. Binance targets withdrawal restoration within 40 hours and a proof of reserves report by Monday. Binance Co-CEO Richard Teng said attackers used self-destruct mechanisms to erase their tools and traces. The update on October 30 covers the roughly $6.3 billion hack. Teng confirmed that multiple people were involved.