FBI says North Korea behind $6 billion Binance crypto theft
The FBI said the theft was tied to "malicious cyber activity" by an entity known as TraderTraitor, the same actors behind a $1.5 billion Bybit hack last year.
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The FBI said the theft was tied to "malicious cyber activity" by an entity known as TraderTraitor, the same actors behind a $1.5 billion Bybit hack last year.
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…
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Crypto prices fell on Friday as the exchange sought to reassure customers that their funds were safe
The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC.
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Hackers have targeted Binance, the world’s largest exchange.
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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.
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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.
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Here's what we know about the hack, possible North Korean involvement and Binance's investigation.
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Around 90% of stolen cryptocurrency assets following a hack on a major exchange has been replenished, according to Binance.