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A $6.4 Billion Hack Just Turned Crypto Upside Down

A $6.4 Billion Hack Just Turned Crypto Upside Down

A $6.4 Billion Hack Just Turned Crypto Upside Down
A $6.4 Billion Hack Just Turned Crypto Upside Down – Moby

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Life comes at you fast in crypto.

On Monday, former Binance CEO Changpeng Zhao, also known as CZ, stood at Times Square to mark BNB Standard Corporation’s new name and Alex Odagiu’s appointment as CEO.

Three days later, Binance, the world’s largest crypto exchange and the core reason BNB Standard exists, was hacked for $6.4 billion by TraderTraitor, a North Korean cybercrime group, per Chainalysis.

Bitcoin immediately fell from $82,000 to $76,500. It’s…

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