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Hackers stole $6.3 billion from Binance in 20 minutes: trail leads to North Korea
🪙 Crypto

Hackers stole $6.3 billion from Binance in 20 minutes: trail leads to North Korea

Most of the $6.3 billion was stolen from Binance wallets in just 20 minutes on October 29 — the attackers emptied hot wallets on at least ten blockchains, including Ethereum, Bitcoin, Tron and Solana. Preparations for the attack took at least 36 hours beforehand, and the methods used point to the TraderTraitor hacker group linked to North Korea. Elliptic, TRM Labs and Chainalysis connect the breach to Pyongyang; if confirmed, the theft would nearly double the total amount stolen by the regime in cryptocurrencies. Binance suspended deposits and withdrawals, and in coopera...

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