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Binance Hit by Record $6.3B Hack, N. Korea Suspected
Binance, the world's largest cryptocurrency exchange, lost about $6.3 billion (roughly 8.4 trillion won) in a hacking attack, the biggest crypto theft ever, Korean outlets report. U.S. blockchain analysis firm TRM Labs says North Korean hackers were behind the raid, moving approximately $6.36 billion out of Binance wallets. About $3 billion of the stolen assets have been frozen, and Binance says all losses will be covered by its insurance fund (SAFU) and company funds. Bitcoin fell below $80,000 into the $77,000 range as market anxiety grew, according to Business Korea.


















