India, Oct. 30 -- Crypto platforms hold vast pools of customer money, which makes them prime targets. Attackers increasingly go after the systems around the wallets, such as employee devices, internal tools and third-party vendors, rather than the blockchain itself. The February 2025 Bybit breach, where about $1.5 billion was taken, showed how one weak link can be enough. Because trust is the core of the business, trouble at one major platform tends to unsettle the whole market.

What Happened Binance said its initial investigation suggests a compromised DevOps engineer's laptop let an attacker reach a service container and submit unauthorised withdrawals. It found no evidence of a wallet private key leak. The company has frozen about $3...