Binance seeks to recover $6.3bn in largest crypto hack ever
The cryptocurrency exchange says it is attempting to retrieve funds stolen in a complex cyber-attack linked to North Korea.
At a glance
- Binance is attempting to recover $6.3 billion in stolen cryptocurrency
- The company describes the cyber-attack as complex
- It is believed to be the largest hack of its kind
- The attack has been linked to North Korea
Binance, a major cryptocurrency exchange, is working to recover $6.3 billion in digital assets stolen in a cyber-attack. The company has described the breach as complex and believes it to be the largest hack of its kind on record.
The attack has been linked to North Korea, according to the exchange.
Why it matters
The theft represents a significant security breach in the cryptocurrency sector and highlights ongoing cyber threats to major digital asset platforms.
Original reporting
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