Cryptoe27about 2 hours ago
Binance Hack Frozen in 54 Minutes
5 min read
Chainalysis reports Binance suffered a US$6.4 billion theft by North Korea's TraderTraitor group. The attacker froze US$2.8 billion in stablecoins within 54 minutes of the breach starting at 4.20am Singapore time on October 30. While Binance pledged to cover losses, roughly US$2.4 billion remains unrecoverable in unfreezable assets.
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