LATIMES · 2026-10-30 11:51 UTC

Blockchain intelligence firms link North Korea to $6.3B hack on Binance

North Korean hacking unit TraderTraitor allegedly stole $6.36 billion from Binance in what would be the largest cryptocurrency theft on record, with roughly $3 billion in affected assets frozen. Binance said deposits were unaffected, withdrawals are suspended, and the company will cover all losses; initial investigation suggested a compromised laptop with additional breach points discovered. Blockchain intelligence firms TRM and Chainalysis attributed the attack to North Korea with high confidence, citing similarities to the 2025 Bybit hack also linked to TraderTraitor.

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