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What we know about Binance's $6.3bn hack

What we know about Binance's $6.3bn hack

Summary

Binance, the world’s largest cryptocurrency exchange, said hackers stole $6.3 billion in assets. The company said it froze about half of the assets, while the rest remained with the hackers; two analytics firms linked the attack to a North Korean hacking unit, but no one has claimed responsibility.

Key Facts

  • Binance reported a hack involving $6.3 billion in assets.
  • The stolen amount was also reported as £4.7 billion.
  • Binance said it froze about half of the assets.
  • The company said many of the assets remained in the hackers’ hands.
  • Two analytics firms attributed the incident to a North Korean hacking unit.
  • No one has claimed responsibility for the hack.
  • Binance did not directly answer questions about possible links to North Korea.
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