The cryptocurrency exchange saw an immediate uptick in customer withdrawals, following the theft of $6.3 billion in tokens that has been linked to North Korea.
Changpeng Zhao, the founder of Binance, at a cryptocurrency conference last year. The company said on Sunday that just 2.1 percent of the assets it manages had been withdrawn.
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 world’s biggest crypto exchange.
Binance, the world’s largest crypto exchange, said $6.3 billion of funds are involved in what the industry is describing as crypto’s 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 world’s 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 “North Korea’s elite hacking unit.”
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