North Korea linked to $6.3B hack on world's largest crypto exchange
Blockchain intelligence firms attribute a major security breach at Binance to North Korean actors, affecting billions in cryptocurrency.
At a glance
- Binance reported approximately $6.3 billion in cryptocurrency was affected
- Blockchain intelligence firms attributed the hack to North Korean actors
- The breach was disclosed on Thursday
The world's largest cryptocurrency exchange, Binance, reported that approximately $6.3 billion was impacted in an apparent hack. Blockchain intelligence firms have linked the breach to North Korean actors.
The exchange disclosed the incident on Thursday. The scale of the attack represents one of the largest cryptocurrency thefts on record.
Why it matters
The incident highlights ongoing cybersecurity risks in the cryptocurrency sector and the scale of potential losses from major exchange breaches.
Original reporting
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