FORBES · 2026-11-12 11:30 UTC

After Binance's $6 Billion Burglary, AI-Fueled Hacks Are Now Crypto's Biggest Threat

North Korean hackers reportedly penetrated Binance over months, using a fake job interview and infected coding assignment to reach employees' systems, then authorized transactions from its wallets in about 20 minutes on October 29, stealing more than $6.3 billion. TRM Labs says hackers have stolen a record $8.7 billion in crypto via 325 incidents so far in 2026, with North Korea responsible for roughly 85% of the total. The article says the biggest vulnerability is the people and infrastructure controlling keys rather than smart contract code, and that AI is lowering the expertise needed for…

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