Blockchain intelligence firm TRM says North Korea’s TraderTraitor hacking unit is responsible for the largest crypto theft on recordMost major cryptocurrencies have fallen in value since news of the Binance theft broke
The crypto industry is reeling from a massive hack at Binance, the world’s largest cryptocurrency exchange. Digital assets worth more than $6.3bn (£4.7bn) have reportedly been taken from Binance by North Korean hackers, apparently after a laptop belonging to one of its engineers was hacked. The company said its teams are “working around the clock” to resolve the issue.
Binance said it had worked with partners to freeze the affected assets, with about $3bn located so far. It gave no update on the status of the remaining $3.3bn as Binance co-founder Yi He said the company would cover “all hacking losses”.
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