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[ED] North Korea’s crypto heists threaten global security

[ED] North Korea’s crypto heists threaten global security

Binance logo and hacker code are seen in this photo illustration created Oct. 30. Reuters-Yonhap

Binance logo and hacker code are seen in this photo illustration created Oct. 30. Reuters-Yonhap

North Korea’s record-breaking $6.3 billion cryptocurrency heist targeting Binance poses a serious threat to global security. Since the 2010s, state-sponsored hackers have carried out malicious cyberattacks, generating illicit revenue to finance the country’s missile and nuclear programs. The Binance heist should serve as a wake-up call to the international community, highlighting the need to take North Korea’s digital asset theft seriously and develop coordinated countermeasures.

The latest cryptocurrency heist has raised the alarm in South Korea. Concerned that it could be North Korea’s next target, Seoul is scrambling to strengthen…

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