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.
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.
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.
I hope the “cybercrime group” was state run.
I have good news
https://www.koreatimes.co.kr/foreignaffairs/northkorea/20261030/blockchain-analysis-firm-trm-says-north-korea-behind-binance-crypto-theft
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.
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/
Local idiot/military ‘crypto expert’: NK hackers are the hardest working in the scene, one mistake and they get sent to a camp.
juche cybernecromance