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Binance Heist Sparks 128.9% Surge in Crypto Impersonation Scams

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On October 29, 2026, Binance suffered a devastating cyberattack, losing $6.34 billion in digital assets in under 30 minutes. The breach, attributed to the Lazarus Group, exploited a compromised engineer’s machine, highlighting the vulnerability of human endpoints even in highly secured systems.

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