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North Korean group blamed for $6.3bn Binance hack in biggest ever crypto heist
Cryptocurrency exchange scrambles to freeze affected assets, with about $3bn located so far The world’s largest cryptocurrency exchange has been hit by an industry-record $6.3bn (£4.7bn) hack, with experts identifying North Korea as the…
AI Summary
The world’s largest cryptocurrency exchange, Binance, suffered an industry‑record hack that stole roughly $6.3 billion, according to the report. Experts have identified a North Korean group as the likely perpetrator of the theft. In response, Binance has moved to freeze the compromised assets and has so far located about $3 billion of the stolen funds. The exchange continues its effort to secure the remaining assets and mitigate the impact of the breach.
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