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Binance hit by record $6.3B hack, US firm cites North Korea
Binance, the world's largest cryptocurrency exchange, suffered the largest hacking damage in history, with U.S. blockchain analysis firm TRM Labs attributing the attack to North Korean hackers. TRM Labs reported that an attacker moved approximately $6.36 billion out of Binance wallets, and Yonhap reports the theft as a record US$6.36 billion. The hack has rattled global markets, with Bitcoin falling below $80,000 into the $77,000 range amid market anxiety, according to Business Korea. Korean outlets are covering the ripple effects across domestic and foreign exchanges, with KBS World noting Binance announced initial investigation results Thursday, and Korea Times reporting the attack could prompt investors to rethink risks and highlighting how crypto insurance works, though protection is far from complete.
- North Korea-Linked Group Suspected to Hit Binance with Massive Hack
- Blockchain analysis firm TRM says North Korea behind $6.3 billion Binance crypto theft
- (LEAD) N. Korean hackers blamed for record US$6.36 bln Binance cryptocurrency theft: U.S. firm
- Bitcoin Sinks Below $80,000 as Suspected $5.8 Billion Binance Hack Rattles Markets
- Binance Loses Some $6.3 Billion in Hacking Attack; TRM Labs Blames N. Korea
- Binance freezes assets after $6.3 bil. heist, crypto industry's biggest
- Binance's $6.3 bil. hack: How crypto insurance works
