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Search results for: "North Korea". 7 articles found.

Investors pull billions in funds from Binance after record $6.3bn hack

The Guardian - 14 hours 20 min ago
Cryptocurrency exchange has begun to allow withdrawals after theft believed to have come from North Korea Investors have pulled $3.6bn ( 2.7bn) in funds from the cryptocurrency exchange Binance as it recovers from a record hack in which billions were stolen from customer accounts. The platform was hit by a $6.3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the probable culprit . Continue reading...
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Binance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions

New York Times - 14 hours 45 min ago
Changpeng Zhao, the founder of Binance, at a cryptocurrency conference last year. The company said on Sunday that just 2.1 percent of the assets it manages had been withdrawn.
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From Bangladesh Bank To Binance: The North Korean Cybercrime Wave

Forbes - 14 hours 55 min ago
North Korean hackers stole $6.3 billion from Binance in the largest crypto theft ever. Learn how North Korea's state-sponsored cybercriminals target crypto exchanges...
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Crypto firm Binance covers 90% of losses after $6.3bn hack

BBC - 20 hours 2 min ago
The Federal Bureau of Investigation (FBI) says North Korea was responsible for the hack.
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Binance resumes customer withdrawals after record $6.3bn hack

The Guardian - 21 hours 19 min ago
Cryptocurrency exchange says 90% of losses covered as FBI blames North Korean state-sponsored group TraderTraitor The cryptocurrency exchange Binance has started to allow its customers to withdraw their funds from the platform, as it recovers from a record $6.3bn ( 4.7bn) hack. The exchange was hit by the theft on Thursday, which has since been described as the biggest heist in history, with experts identifying North Korea as the likely culprit. Continue reading...
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FBI says North Korea stole more than $6bn in the Binance hack

The Next Web - 23 hours 20 min ago
The FBI has blamed the Binance hack on North Korea. On Saturday, the bureau said North Korea stole more than $6bn in virtual assets from Binance, the world's largest crypto exchange. The theft happened on or about 29 October. In its statement, the FBI named the activity "TraderTraitor". The FBI is working with the US […] This story continues at The Next Web...
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