Binance co-CEO Richard Teng says hackers used fake job interviews, AI tool to steal $6.3 billion in crypto
- ID
- 42610
- Status
- summarized
- Published
- 04 Nov 2026, 2:40 AM
- Fetched
- 04 Nov 2026, 3:39 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/11/03/binance-co-ceo-teng-says-hackers-used-fake-job-interviews-to-steal-6point3-billion-in-crypto.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 6.0
- Created
- 04 Nov 2026, 3:40 AM
- Tags
- Audience
- developerssaas_foundersai_agent_users
What happened
Binance co-CEO Richard Teng said attackers spent months infiltrating wallet infrastructure: in June they set up a fake developer tool that an engineer installed, and in September they posed as recruiters and gave another engineer a coding exercise containing hidden malware. Teng said the attackers then moved through internal AI tools to reach the system that authorized wallet transactions, in the Oct. 29 attack that stole more than $6 billion; Binance says it has replenished 98% of $6.34 billion in affected assets and is still purchasing illiquid assets.
Why it matters
If you hire engineers or let staff install developer tools, treat take-home coding exercises and fake recruiter profiles as executable supply-chain risk: run submissions in isolated environments, scan them, and restrict internal AI tools from reaching payment or wallet authorization systems.
Discussion angle
How would you safely review a candidate's coding exercise without executing untrusted code, and what permissions should internal AI tools have before they can touch transaction authorization?