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North Korea's state-sponsored hacker group, TraderTraitor, executed a cyber heist against crypto exchange Binance, stealing $6.3 billion. The regime rewards its 8,400 cyber personnel with apartments and cash, using AI tools to target large organizations. Pyongyang denies involvement despite FBI and blockchain firm attributions.
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Summary by ByteBrief

North Korea Steals $6.3B in Crypto

North Korea Steals $6.4B From Binance

TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes (Tom Westbrook/Reuters)