{"text":[[{"start":8.88,"text":"Crypto exchanges are rushing to tighten security and reassure customers that their funds are safe after hackers stole a record $6.3bn from the world’s biggest digital assets venue."}],[{"start":21.2,"text":"Binance is still investigating how attackers managed to steal $6.3bn from its exchange late on Thursday. President Donald Trump said the US was “looking at” the heist, which analysts suspect was carried out by North Korea-linked hackers."}],[{"start":36.36,"text":"Binance’s initial investigation found that an engineer’s laptop was compromised but it later added that further “points of breach” had been discovered."}],[{"start":44.88,"text":"Jeff Lunglhofer, chief security officer at Coinbase, said the biggest US exchange had “made some adjustments to our cold storage systems solely out of an abundance of caution”."}],[{"start":55.435,"text":"US venue Kraken said it was monitoring the situation and reassured users that its services were operating normally, while Gemini had placed “additional alerts and restrictions” on the potential movement of funds."}],[{"start":67.04,"text":"In an update late on Friday, Binance said it had “contained the compromised infrastructure, revoked affected authorisations and implemented additional controls to prevent further unauthorised activity”."}],[{"start":78.68,"text":"Withdrawals from the exchange remain suspended and Binance said it was working to restore the system in about “34 hours” — suggesting around 6am UK time on Sunday."}],[{"start":89.2,"text":"Crypto venues have become highly attractive targets for hackers because billions of dollars’ worth of customer assets are held on exchanges, unlike in traditional finance."}],[{"start":99.2,"text":"Blockchain tracing firms have attributed the Binance hack to TraderTraitor, a North Korea-linked group. The FBI held TraderTraitor responsible for a $1.5bn theft from crypto exchange Bybit last year, which at the time the biggest single hack on record."}],[{"start":114.88,"text":"Chainalysis said the Binance hackers had “used automation” to move stolen funds around the Tron network after they had been pulled from the exchange."}],[{"start":123.68,"text":"“While this incident is unprecedented in scale, attacks on exchanges are not new. Every exchange should remain vigilant,” Chainalysis said."}],[{"start":132.32,"text":"Will Megson, vice-president of product at Coinbase, said the company was also making “big upgrades” to its phone protections “to keep users safe from scam calls”."}],[{"start":142.04,"text":"“Scammers often try to stay on the phone while coaching victims through settings changes,” he said."}],[{"start":147.28,"text":"Star Xu, chief executive of OKX, a cryptocurrency exchange, said his company “must remain humble, vigilant and constantly challenge our own security assumptions”."}],[{"start":158.08,"text":"He said digital asset executives should “establish industry-wide mechanisms for real-time security incident notifications, co-ordinated monitoring of suspicious funds and rapid responses to potential attacks”."}],[{"start":170.76,"text":"They also needed to “strengthen our defences against emerging AI-powered security threats”."}],[{"start":179.24,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1793447555_4932.mp3"}