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# Binance’s $6.3 Billion Hack Puts Developer Machine Security in Focus

**[StepSecurity](https://daily.dev/sources/stepsecurity)** · 8 min read · 0 upvotes · 0 comments

## Summary

Binance estimates its October 29 security incident affected about $6.3 billion in assets. Initial findings point to a compromised DevOps engineer's laptop, which led to access to a service container and unauthorized withdrawal transactions. Binance found no evidence of a leaked private key. TRM Labs reports the Ethereum attack used 50 signed authorizations covering consecutive nonces via EIP-7702, and the delegation allowed six more sweeps over three and a half hours. About $3 billion was frozen with partners' help. The piece links this to recent supply-chain attacks via Nx packages, a trojanized Nx Console extension, swapped OVHcloud CLI binaries, and a trojanized Claude Code extension, all of which compromised developer machines.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://www.stepsecurity.io/blog/binance-hack-developer-machine-security>

## Questions this post answers

### How much did Binance lose in its October 2026 hack and how did the attacker get in?

Binance estimates approximately $6.3 billion in assets were affected. Its preliminary investigation points to a compromised DevOps engineer's laptop that led to access to a service container, from which the attacker submitted unauthorized withdrawal transactions. Binance found no evidence that a wallet private key itself was leaked, and about $3 billion was later frozen with partners' help.

_Teams hardening developer laptops against supply chain compromise can track incident breakdowns like this on daily.dev._

### What is EIP-7702 and how was it used in the Binance Ethereum hack?

EIP-7702 is an Ethereum feature letting an account delegate execution to smart contract code, but it requires a valid authorization from the account itself. In the Binance incident, the attacker obtained 50 signed authorizations covering consecutive nonces, and once one matched the wallet's counter, a delegation to an attacker-controlled contract swept funds, remaining active for six more sweeps over three and a half hours.

_Developers evaluating EIP-7702 risk for wallet infrastructure can follow analysis like this on daily.dev._

### What happened in the Nx Console VS Code extension supply chain attack?

A compromised release of Nx Console version 18.95.0 fetched and executed a credential-stealing payload from an orphan commit in the official Nx repository when a workspace was opened. The malicious version was available for about 11 minutes but also installed a persistent Python backdoor on macOS, so its impact outlasted that short publishing window.

_Developers auditing IDE extensions for supply chain risk can track incidents like this on daily.dev._

---

Tags: [#security](https://daily.dev/tags/security), [#crypto](https://daily.dev/tags/crypto), [#npm](https://daily.dev/tags/npm)

[View this post on daily.dev](https://daily.dev/posts/binance-s-6-3-billion-hack-puts-developer-machine-security-in-focus-w8iboratw)

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