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Binance $6.3B Hack Blamed on North Korea, Markets Shaken
Binance, the world's largest cryptocurrency exchange, suffered a record $6.3 billion hack, with U.S. blockchain analysis firm TRM Labs attributing the attack to North Korean hackers. Yonhap reports the theft as an estimated $6.36 billion, and KBS World notes Binance announced initial investigation results Thursday. The hack rattled markets, with Bitcoin sinking below $80,000 into the $77,000 range, according to Business Korea. Korean outlets highlight the scale as the biggest crypto heist ever, prompting discussions on insurance gaps and investor risk reassessment, as reported by Korea Times. The exact figure in Korean won (about 8.5 trillion) is not directly stated in the documents, but the dollar amounts are consistent.
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- Binance Loses Some $6.3 Billion in Hacking Attack; TRM Labs Blames N. Korea
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