Crypto giant Binance attempting to recover $6.3bn stolen in hack… | HappeningNow.news

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Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea

Binance, the world's largest cryptocurrency exchange, says it has frozen around half of the funds stolen in a "complex" hack, after $6.3bn (£4.7bn) was accessed in what is believed to be a record heist.

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Binance, the world’s largest cryptocurrency exchange, reported that a “complex” hack accessed $6.3 billion (£4.7 billion) of its digital assets. The firm says it has frozen roughly half of the stolen funds, securing about $3 billion, while the remainder remains in the possession of unidentified hackers. Initially, Binance believed the breach stemmed from an engineer’s compromised laptop, but it later clarified that the attack was broader than that single point of entry.

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