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Hacking, breaches, malware and information security.
233 articles · newest reporting from independent and international publishers
Binance, the world’s biggest cryptocurrency exchange, on Sunday said it would resume withdrawals after a suspension due to a major hack, which the FBI has tied to North Korea. The exchange said it covered 95% of the $6.3 billion in tokens…
BLOOMBERG CORPORATE ACCOUNTABILITY
Binance posted a net outflow of $3.6 billion in cryptoassets after restoring customer withdrawals on Sunday, a relatively soft blow to its overall business in the wake of the largest cyber theft in history that has been attributed to North…
This week’s $6.3 billion hack of Binance is the largest to rock the crypto industry. North Korea, with a history of brazen cybercrime, is a suspect.
Crypto prices fell on Friday as the exchange sought to reassure customers that their funds were safe
Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and is planning to resume withdrawals, subject to security checks.
Here are five things to know about the massive hack of the crypto exchange Binance — from how it happened to what it means for the sector.
A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.
Two analytics firms say they have robust intelligence pointing to a North Korean state-backed group as the likely culprit.
The Binance hack of $6.3 billion, the largest crypto theft ever, is a wake-up call for investors to understand how coin is guarded and the risk of losing it.
Here's what we know about the hack, possible North Korean involvement and Binance's investigation.
Around 90% of stolen cryptocurrency assets following a hack on a major exchange has been replenished, according to Binance.
BLOOMBERG CORPORATE ACCOUNTABILITY
The biggest crypto hack in history began with a rehearsal.
Two high-profile security incidents this week, including the largest crypto theft in history, have raised custody and safety concerns.
Binance executives are scrambling to recover billions of dollars after the crypto platform was hit by what is being described as the biggest heist in cryptocurrency history. Hackers reportedly stole $6.3 billion from users, with analysts…
BBC NEWS — WORLD INTERNATIONAL
If the accusations are true, the record-making heist shows how powerful suspected North Korean hackers have become.
Binance, the world's largest cryptocurrency exchange, says it's working to recover funds after the biggest crypto heist in history. The company halted withdrawals after hackers made off with $6 billion in assets. The cyber heist is raising…
Crypto exchanges make it easier to buy, sell and store digital assets, but they come with risks, too.
BBC NEWS — WORLD INTERNATIONAL
The cyber-attack, which the company describes as complex, is believed to be the largest ever of its kind.
Binance co-founder Changpeng Zhao asked Elon Musk to stop “trolling” after a $6.3 billion hack, pointing to Binance’s $1 billion-plus SpaceX stake.
Bitcoin was trading down about 4% on Friday afternoon, less than a day after the biggest crypto hack in history.
THE GUARDIAN — WORLD INTERNATIONAL
Cryptocurrency theft is estimated to generate half of the country’s foreign currency income North Korea plays by its own rules. The isolated, secretive and autocratic country is largely cut off from the world’s economic system – but when…
BLOOMBERG CORPORATE ACCOUNTABILITY
The biggest cryptocurrency hack on record has raised fresh questions about the industry’s ability to protect digital assets and become part of mainstream financial infrastructure. Binance, the world’s largest crypto exchange, suspended…
Crypto platform Binance has suspended trading following a suspected hack now linked to North Korea. The disruption has left users unable to trade on the cryptocurrency platform while the suspected breach is investigated.
