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North Korea hackers blamed for record $6B crypto theft

North Korea hackers blamed for record $6B crypto theft

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Binance, the world’s largest cryptocurrency exchange company, suspended withdrawals after hackers broke into its digital wallets and stole $6 billion Thursday, with blockchain intelligence companies naming this the largest crypto theft on record. Binance later said that users’ funds were safe and it could cover the stolen money.

TRM, a company that investigates crypto-related fraud, determined that an attacker moved about $6.36 billion out of Binance wallets on ten blockchains. TRM said it was the largest crypto theft on record. TRM attributed the attack to TraderTraitor, North Korea’s elite hacking unit, based on robust on and off-chain intelligence.

Binance announced a potential security…

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