Summary

For almost a decade, North Korean cybercriminals have targeted the cryptocurrency industry —large and small . While these hacks have been frequent, the country’s hackers allegedly made off with their biggest heist to date last week when $6.34 billion was siphoned from the wallets belonging to crypto exchange Binance . In a new security update issued on Tuesday, Binance detailed its initial findings into how the company was compromised and hackers were able to steal billions in just 20 minutes.

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