Binance battles to save its brand after record $6.3bn crypto hack

Binance is struggling to protect its brand following a record $6.3bn crypto hack, the largest theft in history. Internal investigations reveal that hackers utilised fake job interviews and fraudulent social media profiles to target an engineer via a legitimate job-hunting platform. This security incident, attributed to human error, has led to significant fallout from angry customers. Meanwhile, Polymarket has temporarily suspended trading on its international platform due to a separate security incident occurring within the sector.