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FSC Summons Exchanges After Binance Hack
South Korea's financial authorities have urgently summoned domestic cryptocurrency exchanges following the hacking incident at Binance, the world's largest cryptocurrency exchange, which involved losses of around eight trillion won, KBS World reports. The move comes as the U.S. Federal Bureau of Investigation blamed North Korean hackers for the more than six billion dollar heist against Binance, with U.S. President Donald Trump saying Washington is verifying North Korean involvement and that the U.S. would talk to North Korea if it is found to be behind the theft, according to Yonhap and the Korea Times. Binance said it would resume withdrawals in phases after covering 95 percent of the $6.3 billion in tokens stolen, the Korea Times reports.
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