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North Korea linked to $6.3 billion Binance hack

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

Blockchain intelligence firms say they have tied North Korea to a $6.3 billion hack on Binance, one of the largest crypto thefts on record. The finding points to state-sponsored cybercrime as a major funding source for Pyongyang. Security researchers and crypto exchanges are once again under pressure to strengthen custody safeguards against increasingly sophisticated laundering operations.

Why now: The sheer scale of the reported theft and the attribution to North Korea make it a major cybersecurity and crypto story.

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• Blockchain intelligence firms link North Korea to $6.3B hack on Binance · paulpauper · 193

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