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Trump Says US Verifying N. Korea Link in Binance Hack
U.S. President Donald Trump said Washington is verifying whether North Korea was behind the recent hacking of Binance, the world's largest crypto exchange, according to KBS World. When asked about potential North Korean involvement, Trump said he does not know and is looking into it, as reported by Maeil Business Newspaper. Blockchain analysis firm TRM Labs has attributed the theft of approximately $6.36 billion from Binance wallets to North Korean hackers, a figure echoed by Yonhap and the Korea Times. Korean media coverage focuses on the record scale of the heist and its ripple effects across global and domestic crypto markets, with Business Korea noting a massive impact on exchanges. The Korea Times also highlights how the theft has put a spotlight on how crypto exchanges insure digital assets, noting insurance protection is far from adequate.
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