Why North Korea's 'elite' hackers are the prime suspect in major… | HappeningNow.news

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Why North Korea's 'elite' hackers are the prime suspect in major Binance hack

Two major blockchain analytics firms say they have robust intelligence pointing to a North Korean state-backed group as the likely culprits in the $6.3bn (£4.7bn) hack of Binance, the world's largest cryptocurrency exchange.

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Two blockchain analytics firms, TRM Labs and Chainalysis, say they have strong intelligence linking a North Korean state‑backed hacking unit to the recent Binance breach. The group, identified as Lazarus Group and also known as TraderTraitor, is alleged to be behind the $6.3 billion (approximately £4.7 billion) theft from the world’s largest cryptocurrency exchange. Both firms state they identified the actors “with high confidence,” pointing to the North Korean origin of the attack.

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