Hacking News
Binance Hack Suspected to be Linked to North Korea
Blockchain investigator ZachXBT and analytics firm Chainalysis suspect North Korea-linked hackers of carrying out the $6.3 billion Binance hack. On-chain evidence connects the stolen assets to funds from a previous $388 million Bitget hack. Chainalysis co-founder Jony Levin expressed high confidence that North Korea was responsible, citing links to previous incidents and the movement of funds through THORChain. The firm also disclosed that industry participants had already frozen over $3 billion of the stolen crypto.