Binance $6.3B Hack Started With a Fake Installer Five Months Earlier

TLDR Binance’s $6.3 billion hack on October 29 traces back to a fake software installer downloaded in June. A fake job recruitment process in September gave attackers a second foothold inside the exchange. CoinEx founder Haipo Yang says three basic security practices could have stopped the theft. Binance says it has replenished 98% of affected assets and frozen about $2.85 billion. The exchange plans an independent cybersecurity review and says it blocked 57 North Korea-linked threats in 2026.