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Search results for: "North Korea". 11 articles found.
Binance, the world's largest crypto exchange, said $6.3 billion of funds are involved in what the industry is describing as crypto's biggest-ever hack.
It's the largest cryptocurrency theft in history : hackers from North Korea allegedly swiped $6.36 billion in funds from Binance in the space of just 20 minutes, which has left customers reeling and the financial industry in shock. The heist raises all kinds of questions about how this was allowed to happen, what might happen next, and whether Binance customers are going to get any of their stolen money back. Even if you never owned any cryptocurrency before, there are bigger questions too like...
If the accusations are true, the record-making heist shows how powerful suspected North Korean hackers have become.
Attack of the Fanboy - 16 hours 35 min agoBinance, the biggest name in crypto, confirmed it was hit by a hack in which hackers linked to North Korea took digital assets valued at $6.3 billion, as...
"They attack people, not code," an expert told The Post.
President Trump said Friday his administration is looking into the $6.3 billion hacking of the cryptocurrency exchange Binance, the largest such hack on record. "We don't know," Trump said in the Oval Office when asked if the hack should be attributed to a suspected North Korean hacker group. "We're looking at that," he continued. TraderTraitor,...
NPR - 19 hours 36 min agoMore than $6 billion worth of cryptocurrencies were stolen from Binance, the world's biggest crypto exchange. It's the biggest cyber heist ever and many suspect North Korea may be behind it.
More than $6 billion in crypto was stolen from Binance, setting off a race to recover the funds before North Korea-linked hackers can launder them into cash.
Cryptocurrency theft is estimated to generate half of the country's foreign currency income North Korea plays by its own rules. The isolated, secretive and autocratic country is largely cut off from the world's economic system but when it comes to generating foreign earnings it relies on some of the world's most sophisticated hacking. Experts, such as TRM Labs, quickly attributed the extraordinary $6.3bn ( 4.7bn) Binance cryptocurrency theft to TraderTraitor, an elite North Korean hacking...
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