KOREA TIMES · 2026-11-03 04:17 UTC

North Korea's crypto heists threaten global security

North Korea stole $6.3 billion in cryptocurrency from Binance, prompting concerns about global security and South Korea's vulnerability to state-sponsored cyberattacks. South Korea's crypto market is worth $449 billion, making it an attractive target for North Korean hackers seeking to finance missile and nuclear programs. Officials call for emergency response systems, clearer regulations on exchange suspensions during breaches, and international cooperation with China and the US to disrupt North Korean cybercrime networks.

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