An individual is selling access to Binance's enforcement request panel, asking for $10,000.
In Brief
A hacker is selling unrestricted access to the law enforcement request panel of Binance, along with account data, for $10,000.
This hacker offers access to Binance's law enforcement panel, which includes account data, for a payment of $10,000 in either Bitcoin or Monero.
The law enforcement panel for Binance is managed by an external service, Kodex, and is employed by various online platforms to authenticate law enforcement inquiries, confirm identities, and provide access. financial institutions Reports indicate that three computers used by law enforcement personnel in Taiwan, Uganda, and the Philippines were compromised in a worldwide malware incident that took place in 2023.
This breach led to stolen login details saved in web browsers and unauthorized access to systems.
Cyber attacks targeting the cryptocurrency sector are increasing rapidly. Binance 's login panel.
While such attacks are becoming more common, they do not necessarily mean that Binance has been compromised; instead, they reveal weaknesses in the general security of law enforcement agencies around the world.
The vulnerability of Email Distribution Requests (EDRs) to hacking due to inadequate verification processes and the vast range of police jurisdictions highlights the urgent need for a more secure and reliable method to handle these requests and reduce the risks of fraud.
Recently, a French court is taking action regarding an alleged unauthorized withdrawal of $8.5 million on the Avalanche network.
The stablecoin project Platypus USP faced significant losses due to a flash loan assault, which allowed roughly $8.5 million to be withdrawn from one of their crypto pools. acquitted two individuals accused in the Platypus stablecoin attack The investigation gained momentum after the cryptocurrency exchange provided information that helped track the financial activity and capture those responsible.
Amid rising cyber threats, Binance is dealing with a hacking incident that uncovers deeper vulnerabilities within the global law enforcement framework, accentuating the need for stronger security protocols.
It's worth noting that the information presented here should not be construed as legal, tax, investment, financial, or any other professional advice. Always invest responsibly and consult with a financial advisor if uncertain. For further guidance, we recommend checking the terms of service and support sections provided by the issuer or advertiser. MetaversePost strives for precise and impartial reporting, but market conditions may change unpredictably. Binance Alisa, a passionate journalist at Cryptocurrencylistings, focuses on the realms of cryptocurrency, zero-knowledge proofs, investments, and the dynamic universe of Web3. With a sharp insight into new trends and technologies, she provides extensive coverage to keep readers informed and engaged in the fast-changing world of digital finance.
Binance has officially completed its integration of USDC on the Sonic Network, with deposit capabilities now available.
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