TechReuters1h ago
TRM Labs attributes the Binance hack
TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes
TL;DRNorth Korea allegedly stole $6.36B from Binance in a 20-minute coordinated hack across multiple blockchains.
Why it matters: Massive exchange theft exposes security gaps, threatens crypto market stability, and highlights nation-state hacking capabilities.
North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.
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