Largest Crypto Heist in History: Binance Discloses Theft of $6.3 Billion

In depth

The cryptocurrency exchange Binance announced a hack in which assets worth about $6.3 billion were compromised. According to reports, about $3 billion has already been frozen, and on the second day it was reported that the amount frozen and verified stands at about $3 billion.

According to the preliminary investigation, a laptop belonging to an engineer at the company may have been breached, allowing the attacker to carry out unauthorized withdrawals. Binance said it will cover the losses.

According to Kan News, blockchain intelligence firm TRM Labs attributes the theft to the North Korea-linked hacker group TraderTraitor. According to Maariv, bitcoin plunged following the hack.