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Analysis: The Hacker Behind This Binance Hot Wallet Attack Is Suspected To Be The Same Group That Previously Attacked Kelp DAO

Per on-chain analyst monitoring, the hacker that carried out this attack on Binance's hot wallet is suspected to be the same group that previously targeted Kelp DAO. 30 minutes ago, the Binance hacker transferred all 74.56 million ARB to address 0x0000000000000000000000000000000000000DA0, which is tagged by Arkham as the Kelp DAO Hacker. These tokens have not been transferred or sold as of yet. Kelp DAO was attacked on April 18 this year, incurring losses of approximately $292 million worth of rsETH, and the community at the time suspected the North Korean hacking group Lazarus Group was responsible.

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SlowMist CISO recommends investigating the Binance theft incident around the private key leakage chain and abnormal withdrawal tools

Professional security guidance has been provided for the traceability investigation of the Binance theft incident.<p>Combined with past security forensics experience, SlowMist Chief Information Security Officer 23pds pointed out that in this one-time Binance asset theft incident, the attacker was able to bypass the platform's risk control system. At present, it is still critical to confirm whether the intrusion path stems from private key leakage or a compromised signing machine, and he personally leans toward the private key leakage hypothesis.</p><p>The security expert also assessed that the attacker most likely used a customized withdrawal tool to complete the asset transfer operation.</p><p>For subsequent traceability and forensics work, he recommended that the platform's security department focus its core investigation efforts on mapping the full chain of private key leakage, as well as identifying and tracing the characteristics of abnormal withdrawal tools, to more efficiently locate the attack source and recover the stolen assets.</p>

Coinbase CEO: Actively Blocking Transfers to Compromised Wallets, and Has Reached Out to Binance to Offer Assistance

Coinbase CEO Brian Armstrong stated that the team is making every effort to address the current situation, including blocking transfers to compromised wallets, and has contacted Binance to offer support. Armstrong noted that moments like this require collective industry-wide effort, with the top priority being to openly share useful information and help protect customers, regardless of which platform they use. He also added that the crypto industry has weathered many difficult periods and emerged stronger each time, and this instance will be no exception.

Analysis: The Hacker Behind This Binance Hot Wallet Attack Is Suspected To Be The Same Group That Previously Attacked Kelp DAO | CoinByte