Blockaid Secures $40M in Funding Commitments Following $6.3B Binance Hack
Key Highlights A compromised DevOps engineer’s laptop triggered unauthorized hot wallet withdrawals at Binance, leading to approximately $3 billion in frozen funds. Security firm Blockaid detected unusual outflows in under two minutes and traced the attack mechanism to malicious Ethereum EIP-7702 delegations. Blockaid CEO Ido Ben-Natan identified the incident as a hijacking of signing infrastructure ...