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Crypto & Bitcoin

Binance Confirms Biggest-Ever $6.3B Hack, North Korea Blamed

Reported by Kosta Gushterov, Coindoo

Image: Coindoo

Key Takeaways Compromised engineer laptop enabled unauthorized withdrawals. Binance estimates impact at about $6.3 billion. Around $3 billion frozen with blockchain partners. TRM, Chainalysis tie attack to North Korea. CNN reported early Friday that hackers had stolen more than $6 billion from Binance, with several investigators pointing to North Korea and Chainalysis saying it had high confidence in that attribution. The outflows were first spotted on Thursday evening, when about $2.8 billion was reported leaving Binance wallets , and Binance founder Changpeng Zhao later said it looked like a hack . Since then, the picture has changed substantially.

This is an excerpt. The reporting belongs to Coindoo.

Read the full report on coindoo.com

Also carried by TheNewsCrypto, Coin Edition

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