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Binance Hit by Record 8.4T Won Hack, US Firm Blames North Korea

Binance, the world's largest crypto exchange, suffered a hack estimated at about $6.3 billion (roughly 8.4 trillion won), the largest in crypto history, according to Yonhap, Dong-A Ilbo, and Chosun Ilbo. US blockchain security firm TRM Labs has pointed to North Korean hackers as the likely culprits, with Yonhap reporting the attack could solidify North Korea's status as the top crypto thief. Binance said it froze about $3 billion of the stolen assets and has suspended all deposits and withdrawals, pledging full compensation to affected customers, Chosun Ilbo reports. Korean media emphasize the scale surpasses last year's Bybit hack, and consumer concerns are growing amid repeated hacking incidents.

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