Economy
Binance Suffers $6 Billion Crypto Theft Linked To North Korean Hackers
Livemint1h
THE BRIEF
1
Binance faced an unprecedented outflow of digital assets worth over $6 billion on Thursday after suspicious transactions drained exchange accounts.
2
Blockchain firms Chainalysis and TRM Labs attributed the attack to North Korean hacking group TraderTraitor, with FBI confirmation.
3
Stablecoin issuers Tether and Circle froze more than $2 billion of linked holdings while Binance set aside $6.34 billion to cover losses.