Some attacks this week didn't need much of a trick. A fake support call, a trusted extension, a shared link, or a device with no password. Small things that people barely think about. Yet each was enough to cause serious trouble.
Then there were the bigger m…
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Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.
After hitting a six-week low on Friday, bitcoin prices recovered slightly through the weekend to trade above $78,000 on Monday
Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.
Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.
Binance said it had now covered 95% of the stolen assets. It said after an initial spike, withdrawals were stabilizing
Binance said withdrawals were stabilizing after an initial spike and deposit volumes had remained "substantial."
Binance resumed withdrawals for 15 cryptocurrencies in phase 1 after using its own funds to cover about 95% of the $6.3 billion stolen in a heist. Details here.
The FBI on Saturday attributed the attack to TraderTraitor, a cyber unit sponsored by the North Korean state. The agency said it had observed members of the group converting stolen assets into Ether and expected further attempts to launder the funds. North Ko…
Binance said phase would start between 0600 and 0900 GMT on
Sunday and include bitcoin, ether, BNB, Solana, XRP, dogecoin
and other tokens.
Binance, the largest cryptocurrency exchange, plans to resume withdrawals in phases starting Sunday. This decision comes after recovering approximately 95% of the $6.3 billion stolen during a digital heist. The FBI has attributed this large-scale cyber theft …
Binance has announced the resumption of cryptocurrency withdrawals after recovering a significant portion of stolen assets. The exchange has identified a North Korean unit behind the theft and is actively working to recover remaining tokens. Law enforcement a…
The remaining amount, now less than 10%, consists of assets that are less liquid and may take longer to source in the required amounts, according to Binance
The world's biggest crypto heist is the latest feat by North Korean hackers who have spent years perfecting an arsenal of financial theft, social engineering and sophisticated cyberattacks.
Why it matters: The suspected North Korean hackers behind the $6.3 bi…
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On October 29, an attacker drained about $6.3bn from Binance hot wallets on ten blockchains, the largest crypto theft on record. It likely started with a compromised laptop, followed by additional points of breach
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