DECRYPT · 2026-11-03 17:31 UTC

Five Ways North Korea Breaks Into Crypto Firms—and How Binance Was Hacked

North Korean hackers stole $6.3 billion from Binance in 20 minutes through a fake job interview that compromised an engineer's work computer, then used an internal AI tool and stolen credentials to hijack a wallet signing service. DPRK-linked groups are responsible for an estimated 60% of all crypto losses, using methods including fake employee identities, deepfakes, malicious code in job assignments, and AI-enhanced social engineering. Binance's security chief said the exchange detects and prevents dozens of suspected North Korean cyber threats annually, with tell-tale signs including slow…

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