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North Korean hackers behind Binance breach

israelnationalnews.com ·Israel · tech
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North Korean hackers stole about $6.3 billion in cryptocurrency from Binance. A report from the US firm TRM Labs states the attackers moved $6.36 billion from wallets across ten blockchain networks. Much of this money was transferred in only 20 minutes. TRM Labs identified the group responsible as TraderTraitor with high confidence.

North Korean hackers were responsible for stealing approximately $6.3 billion in cryptocurrency from Binance, according to a report by US blockchain analytics firm TRM Labs. According to the company, the attackers transferred approximately $6.36 billion from the exchange's wallets across ten blockchain networks, with most of the funds moved in just 20 minutes. TRM Labs attributed the attack to the North Korean hacking group TraderTraitor with a high degree of confidence.

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