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North Korea is likely culprit behind $6.3bn crypto hack, ‘largest heist in history’

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A record $6.3 billion hack on Binance, likely by North Korea, is the largest heist in history, though the exchange promises to cover customer losses.

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Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far Q&A: How big a deal is the $6.3bn crypto heist?Tell us: have you been affected by the Binance hack?Business live – latest updatesThe world’s largest cryptocurrency exchange has been hit by a record $6.3bn (£4.7bn) hack described as the biggest heist in history, with experts identifying North Korea as the likely culprit.Binance said it would cover all customer losses as it froze $3bn of the affected assets. Continue reading...

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