Payment Expert Podcast: Can crypto exchanges protect customers after the Binance hack?

The Payment Expert Podcast examined how one compromised laptop led to the largest crypto theft on record at Binance, and what protections exchange customers have when their platform is breached. Last week, hackers moved approximately $6.36bn out of Binance wallets on ten blockchains on 29 October, most of it in about 20 minutes. TRM Labs attributed the attack to TraderTraitor , North Korea’s state-backed hacking unit , and the FBI has since said North Korea was responsible. Binance said its initial investigation pointed to a compromised laptop, which let an attacker reach a service container and submit unauthorised withdrawal transactions.