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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.mlEnglish · 1 day ago

Attacker gets away with up to $3 billion from Binance

www.citationneeded.news

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  • cross-posted to:
  • technology@midwest.social
  • technology@lemmy.world
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Attacker gets away with up to $3 billion from Binance

www.citationneeded.news

☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.mlEnglish · 1 day ago
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14
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  • cross-posted to:
  • technology@midwest.social
  • technology@lemmy.world
North Korea gets away with $3 billion from Binance
www.citationneeded.news
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Stablecoin issuers froze about $2.4 billion of the roughly $6.4 billion stolen. The rest exceeds Binance’s insurance fund, and the man promising to make users whole isn’t supposed to be running the company.
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  • 0_o7@lemmy.dbzer0.com
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    5 hours ago

    Aren’t these crypto hacks mostly always insiders way of money laundering?

    “Oh noes, we lost your money. Those damn North korean hackers stole it. There was nothing we can do.”

  • pineapple@lemmy.ml
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    1 day ago

    I hope the “cybercrime group” was state run.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      23 hours ago

      I have good news

      The hackers behind the raid were from North Korea, according to U.S. blockchain analysis firms TRM Labs and Chainalysis. The attackers targeted Binance wallets on 10 blockchains and shifted most of the funds in about 20 minutes, TRM Labs said in a statement.

      https://www.koreatimes.co.kr/foreignaffairs/northkorea/20261030/blockchain-analysis-firm-trm-says-north-korea-behind-binance-crypto-theft

      • Aria@lemmygrad.ml
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        4 hours ago

        Says a .kr website. Like obviously I want DPRK to be 2.68 milliard richer at the expense of Binance, but it’s not like “North Korea will hack your computer” doesn’t work in all the accuser’s favours.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          2 hours ago

          It’s pretty likely that it was a state actor given the amount involved, and DPRK has been pretty good at this stuff. Here’s a better overview of it https://www.citationneeded.news/its-always-north-korea/

      • MaxLemminist@lemmy.ml
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        17 hours ago

        Local idiot/military ‘crypto expert’: NK hackers are the hardest working in the scene, one mistake and they get sent to a camp.

    • ghost_laptop@lemmy.ml
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      1 day ago

      juche cybernecromance

  • nixFREAK@sopuli.xyz
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    1 day ago

    Good, binance should have been shutdown and the ceo/founder in prison.

    • chicken@lemmy.dbzer0.com
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      1 day ago

      He did go to prison for a few years, as part of a deal made with the US government to settle a lawsuit against Binance, but is out by now

  • Linkerbaan@lemmy.ml
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    1 day ago

    Not your keys not your coins.

  • trojanbark@lemmy.world
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    1 day ago

    Haha nice

  • davel@lemmy.ml
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    1 day ago

    🎻

  • Shayeta@feddit.org
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    1 day ago

    History repeats itself. https://www.youtube.com/watch?v=DelF6zEHXpE

    • eldavi@lemmy.ml
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      18 hours ago

      history will always repeat itself so long as we keep swallowing propaganda that revises it.

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