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Crime & Justice🇺🇸 🇰🇵7 sources· 1 hour ago

North Korea-linked hackers tied to record $6.3 billion Binance theft

What's new: Rival exchanges tightened defenses, while Binance said it secured about 80% of the stolen assets after the Oct. 29 breach.

North Korea-linked hackers are the leading suspects in the $6.3 billion theft from Binance, a heist that blockchain analysis firms TRM Labs and Chainalysis called the biggest in crypto history. The firms tied the attack with high confidence to Lazarus Group, also known as TraderTraitor, a state-backed hacking unit long accused of stealing digital assets for Pyongyang. Binance halted withdrawals after the Oct. 29 breach and said company funds would cover losses. Co-CEO Richard Teng said investigators first traced the attack to a compromised engineer's laptop, then found additional breaches. Binance said about 80% of the stolen assets have been secured.

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  • The Business Times (Singapore)Tier 180% reliableRead →34 hours ago
  • The Straits TimesTier 180% reliableRead →11 hours ago
  • BBC News (World)Tier 185% reliableRead →30 hours ago
  • CNBCTier 180% reliableRead →38 hours ago
  • AxiosTier 272% reliableRead →38 hours ago
  • ABC NewsTier 275% reliableRead →22 hours ago
  • The HillTier 270% reliableRead →16 hours ago

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