North Korean hackers suspected in $6.3 billion Binance crypto theft

First reported by The Economic Times at · Updated · 4 sources

TechCrunch reports that attackers are suspected of compromising a Binance employee’s laptop to enable the theft. Binance froze withdrawals and said it would cover losses, according to Tom’s Hardware. That report put the theft at $5.6 billion and said stablecoin networks were moving to freeze $2.4 billion in stolen assets.

  • TRM Labs attributed the attack to North Korea, according to The Economic Times.

Covered by 4 publishers within 11 hours of the first report.

Reporting4

The Economic Times Blockchain analysis firm TRM says North Korea behind Binance crypto theft
Tom's Hardware Suspected North Korean hackers steal $5.6 billion in crypto in record-breaking cryptocurrency heist, Binance withdrawals frozen · Bruno Ferreira
TechCrunch North Korean hackers blamed for stealing record $6.3B in Binance breach · Zack Whittaker
Bloomberg North Koreans Seen as Likely Hackers in Giant Binance Heist · Jordan Robertson, Mark Anderson and Trista Xinyi Luo

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Topics Data breachesCrypto