Binance hit by record $6.3bn crypto heist, North Korea-linked hackers blamed

Briefing by News4U · First published

Binance, the world's largest cryptocurrency exchange, said hackers stole about $6.3 billion in the biggest crypto heist on record, draining funds across 10 blockchains in roughly 20 minutes on Thursday. Blockchain intelligence firms TRM Labs and Chainalysis attributed the attack with high confidence to TraderTraitor, a North Korean hacking unit linked to the Lazarus Group. About $3 billion of the stolen assets have been frozen with help from blockchain partners, while Binance said it has set aside more than $6.34 billion in company funds, including $5 billion in matching tokens, to cover all losses. [1] [2] [3] [4] [5] [6] [7] [8]

Sources

  1. Binance says $6.3bn stolen in biggest crypto heist in history: What we know

    Al Jazeera · · Excerpt

  2. Binance says it holds $5B in matching tokens to cover hack losses

    Cointelegraph · · Full text

  3. Blockchain intelligence firms link North Korea to $6.3B hack on Binance

    NPR Business (Associated Press) · · Full text

  4. Hackers steal $6.3 billion from Binance in record crypto heist

    Ars Technica · · Excerpt

  5. Biggest hack in history: Cryptocurrency giant Binance loses $6.3 billion

    France 24 English · · Summary only

  6. Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea

    BBC Business · · Summary only

  7. Hackers steal over $6 billion from crypto exchange Binance in staggering heist

    NPR Business · · Excerpt

  8. Behind the Scenes of Crypto’s Biggest Nightmare: a Record-Breaking Cyber Heist

    WSJ Markets · · Summary only

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