Binance Hack May Have Exploited Transaction Approval System, Echoing Bybit Breach

Source: bloomingbit ·

Binance Hack May Have Exploited Transaction Approval System, Echoing Bybit Breach

Blockaid said the attacker drained **digital assets** from the wallet by abusing Binance's **transaction approval system** and **signing infrastructure**. It said the wallet had delegated execution authority to an unverified **asset recovery contract**, and that the feature was e

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