AI summary
A record $6.3 billion Binance hack attributed to North Korea threatens global crypto security and forces the exchange to absorb massive financial losses.
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‘Elite North Korean group’ blamed for $6.3bn Binance hack in biggest ever crypto heist
Source excerpt
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Cryptocurrency exchange scrambles to freeze affected, with about $3bn located so farThe world’s largest cryptocurrency exchange has been hit by an industry-record $6.3bn hack, with experts identifying North Korea as the likely culprit.Binance has scrambled to freeze the affected assets, with about $3bn located so far. The company gave no update on the other $3.3bn as Binance’s co-founder Yi He said the company would cover “all hacking losses”. Continue reading...
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