Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses

The world’s largest cryptocurrency exchange, by means of both users and trading volume across the board, has been hacked. According to a recent announcement, the incident “may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions.” Binance further revealed that they haven’t found any private key leak, pledging to share a detailed technical post-mortem as soon as the investigation is complete. The exchange further revealed that the total impact, at the time of this writing, sits at around $6.3 billion.