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Hackers stole $6.3 billion from the cryptocurrency exchange Binance in what is being described as a record crypto heist. The scale of the theft raises major security concerns for crypto exchanges and could increase regulatory scrutiny of the industry.
Trezor has warned that one of its hardware wallets sold through the third-party reseller CryptoBilis may contain a suspected hardware implant, raising fears of a supply-chain attack. The company is investigating and advising users to verify the provenance of devices bought from unofficial or resale channels. Tampered hardware wallets can let attackers steal recovery phrases and drain funds, making reseller trust a critical security issue for crypto holders.
The Hacker News explains why urgent security fixes often remain unaddressed and outlines a four-step approach—Observe, Prove, Act, Confirm—to drive remediation. The method is meant to help security teams prove risk, prioritize action, and confirm fixes are complete. It matters because delayed patching leaves organizations exposed to known vulnerabilities.
A Syrian hacker was sentenced to 42 months in prison for posting a fake tweet that triggered a $136 billion market drop. The case highlights how social media account breaches can move financial markets and attract serious criminal penalties.
The official Claude Code extension for VS Code was compromised and used to install a persistent SSH backdoor, according to The Hacker News. The incident affects developers using the extension and could expose their machines and source code to remote access. It highlights supply-chain risks in AI coding tools and the need to verify extension updates.
Attackers are actively exploiting a highly critical authorization bypass vulnerability in Drupal Commerce Core. The flaw could allow access-control bypasses and compromise e-commerce sites running affected versions. Administrators should apply available patches or mitigations immediately.
Binance suffered a security breach affecting $6.3 billion in assets, with nearly $3 billion subsequently frozen. The incident hits one of the world’s largest crypto exchanges and could disrupt withdrawals, customer confidence, and crypto markets.
Polymarket, a crypto prediction market, halted international trading after hackers drained user accounts, according to Wired. The pause affects non-U.S. users and raises concerns about security and confidence in decentralized finance platforms.
The Hacker News reports critical firewall vulnerabilities, rented banking trojans, weaponized PDFs, token theft, and 26 other security stories. The roundup highlights active threats that organizations should patch and defend against.