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$6.3 billion Binance hack likely work of North Korea, experts say
A U.S.-based blockchain intelligence firm said a North Korean cyber unit was likely behind an attack that stole $6.3 billion from Binance, the world's biggest cryptocurrency exchange.
AI Summary
A U.S.-based blockchain intelligence firm identified a North Korean cyber unit as the likely perpetrator of an attack that stole $6.3 billion from Binance, the world’s largest cryptocurrency exchange. Binance confirmed that deposits remain unaffected, but withdrawals have been suspended and are expected to resume within the next day or two. The exchange worked with blockchain partners to freeze roughly $3 billion of the compromised assets. Binance also pledged to reimburse all customers for any losses incurred.
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