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Binance Hack Freezes $3.8B, North Korea Suspected
The suspected Binance hack has led to the freezing of about $2.3 billion (roughly 3 trillion won) in related funds by major stablecoin issuers, according to Dong-A Ilbo. Bitcoin fell below $80,000 into the $77,000 range amid market anxiety, Business Korea reports. U.S. blockchain analysis firm TRM Labs attributes the theft to North Korean hackers, saying approximately $6.36 billion was moved out of Binance wallets, the Korea Times reports. Korean reactions focus on broader financial-sector vulnerabilities: Yonhap and KBS World report hundreds of Bithumb customers' personal information leaked in a separate hack, and KBS World notes Pravang suspended services after losing 100 million won (nearly $75,000). A Korea Times cybersecurity expert says fines and stricter regulations won't fix the problem, calling for a new playbook as AI changes the hacking paradigm.
- 바이낸스도 해킹에 뚫렸다…3조 원대 자금 동결
- Bitcoin Sinks Below $80,000 as Suspected $5.8 Billion Binance Hack Rattles Markets
- Blockchain analysis firm TRM says North Korea behind $6.3 billion Binance crypto theft
- Hundreds of customers' personal information at Bithumb leaked in hacks
- Industry Insiders: Hacking Attack on Bithumb Also Compromised Customer Information
- Crypto Exchange Pravang Reports Hacking-Related Asset Losses
- Fines won't fix problem: Korea needs new playbook as AI changes hacking paradigm
