Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist

Binance, the world's largest crypto exchange, was targeted by North Korean hackers who used social engineering tactics to steal a record $6.3 billion in cryptocurrency. The hackers posed as recruiters, tricked a software engineer into downloading malicious software, and used it to access the company's internal tools and steal funds. The FBI and blockchain investigators have blamed North Korea for the heist, which is believed to be funding the country's nuclear weapons program. The hack has prompted Binance to suspend customer withdrawals across its network. Researchers had warned about long-running social engineering attacks like this before, but Binance was still caught off-guard.