In brief
- Binance said it was working to contain what may be the biggest crypto theft on record.
- Investigators linked the multibillion-dollar hack to a group tied to North Korea.
Cryptocurrency platform Binance said on Saturday it was working to resolve a “complex attack” that affected around US$6.3 billion ($8.9 billion) in funds, in what is thought to be the biggest ever crypto heist, with investigators pointing to hackers linked to North Korea.
Blockchain investigation firm TRM Labs said it had “high confidence” that the attack was orchestrated by a North Korea-affiliated group called TraderTraitor, the same group blamed for the US$1.5 billion ($2.1 billion) theft from the Bybit platform in February last year.
Another analytics firm,…
