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Binance reels from record $6.3 billion crypto hack

Original: b

Binance suffered a record-breaking cyber heist of roughly $6.3 billion, prompting heavy withdrawals as the exchange went offline. Net outflows reached about $3.64 billion before stabilising once services resumed. Blockchain intelligence firms have linked the theft to North Korea, and experts are warning of an 'AI hacking bloodbath' as the industry assesses the fallout from one of crypto's worst security breaches.

Why now: The scale of the hack, the massive user outflows and the North Korea attribution make it the biggest story in crypto right now

BinanceNorth Koreacryptocurrency industry

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