Cybersecurity

North Korean hackers blamed for stealing record $6.3B in Binance breach

North Korean hackers are suspected of stealing $6.3 billion in cryptocurrency from Binance, the world's largest crypto exchange, through a breach that involved a compromised engineer's laptop. The hackers were able to submit unauthorized withdrawal transactions after gaining access to a service container. Binance has suspended all deposits and withdrawals and is working with law enforcement and industry partners to recover the stolen funds. Approximately $3 billion has been frozen by industry partners, with Binance claiming that user funds are safe but not providing proof. The breach is the largest known theft of crypto in history.

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