This weekβs $6.3 billion hack of Binance is the largest to hit crypto, and would be the most that North Koreans have stolen in years of brazen cybercrime.
A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the worldβs biggest crypto exchange.
Binance, the worldβs largest crypto exchange, said $6.3 billion of funds are involved in what the industry is describing as cryptoβs biggest-ever hack.
The largest cyber heist in history came as attackers increasingly use artificial intelligence and other advanced techniques to steal crypto and quickly launder the funds.
The founder of Binance, Changpeng Zhao, in Hong Kong in August. The company, the worldβs biggest crypto exchange, has promised to make customers whole.
Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.
The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to βNorth Koreaβs elite hacking unit.β