Hackers steal over $6 billion from Binance in largest crypto heist

Hackers stole more than $6 billion from the Binance cryptocurrency exchange on Thursday, surpassing the record for the largest theft of its kind. Investigators pointed to North Korea, and analysts said the incident could shake confidence in digital assets.

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• Binance suspended withdrawals after the theft.

  «Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion»

  The New York Times
• Analysts attributed the theft to North Korea, saying it could shake confidence in digital assets.

  «analysts pinned on North Korea and said could shake faith in digital assets»

  CTV News
• The theft took place in only about 20 minutes, according to the Wall Street Journal.

  «In 20 minutes, hackers had made off with at least $6.3 billion»

  WSJ
• Binance founder Changpeng Zhao had warned a week earlier that digital wallets are not completely safe.

  «had warned a week earlier that “No crypto wallet is 100% safe.”»

  WSJ
• Binance used reserve funds to cover the losses, then reopened withdrawals.

  «as it taps reserve funds and its founder gets into a confrontation on X with Elon Musk»

  WSJ • WSJ

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