VERDICT —OUT OF SCOPE
Root cause is phishing — victims signed malicious transactions or approvals off-protocol. Contract logic was not the failure surface; user-side wallet hygiene was. Pre-deployment audit cannot catch this class.
▰ METHOD
PHISHING
PHISHING
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
Binance security incident occurred in March 2018 when a phishing campaign impacted a large number of Binance users. At the time, Binance offered a $250,000 reward for any information that would have led to the arrest of those involved in the phishing campaign. Attack method (per SlowMist): Unknown. Reported loss: -.
Primary source
https://bihu.com/article/1870950340?i=17K9&c=1&s=22CjEo&from=groupmessage&isappinstalled=0 ↗Sourced from
slowmist
Technical record
- chain
- —
- protocol
- Binance
- bug_class
- phishing
- date_occurred
- 2018-03-07
- loss_usd
- —
- source_id
- sm:binance::2018-03-07
Related — same bug class· phishing