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North Korean Hackers Suspected in Record $6.36 Billion Binance Crypto Heist — UNITED24 Media

North Korean Hackers Suspected in Record $6.36 Billion Binance Crypto Heist — UNITED24 Media

North Korean hackers are believed to be responsible for a cyberattack on the world’s largest cryptocurrency exchange Binance that resulted in the theft of approximately $6.36 billion in digital assets, making it the largest cryptocurrency heist on record, according to Reuters on October 30.

US blockchain analytics company TRM Labs identified TraderTraitor, a North Korean hacking unit, as the group behind the attack, citing evidence gathered from blockchain activity and other intelligence sources.

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“An attacker moved approximately $6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes,” TRM Labs said in a…

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