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North Korea is believed to be behind a $6.3bn hack of crypto exchange Binance

By ChordNews · First written

Kim Jong-un, crypto bros and a $6.3bn heist – podcast
Image: theguardian.com
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Summary

Binance, the world's biggest crypto exchange, was hacked, and the finger of blame quickly pointed at North Korea. The Guardian's podcast explains how the heist is believed to have been carried out, why one of the world's poorest and most isolated countries is suspected, and what the money might be used for. The hack, which the episode values at $6.3bn, has shaken the crypto world and exposed how vulnerable crypto can be.

This continues an earlier story: Binance reports $6.3 billion crypto hack; blockchain analysts link it to North Korea

Timeline

  1. The Guardian

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    The Guardian reports in a podcast that North Korea is said to be behind the $6.3bn theft from Binance, and explains how the hack was carried out and what the money might be used for.

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