Binance freezes half of $6.3bn stolen in North Korea-linked hack

Binance has frozen approximately half of the $6.3bn stolen in a major cryptocurrency hack, securing $3bn in digital assets while many remain unrecovered.

Analytics firms and analytics company TRM Labs have linked the breach to a North Korean hacking unit, mirroring previous incidents such as the Bybit heist.

The US Secret Service stated it is working to trace and recover the funds, and Binance assured users that all customer losses will be fully covered.