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#North Korea cybercrime

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Binance Secures $6.34 Billion to Cover Losses From Record Crypto Hack
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Binance Secures $6.34 Billion to Cover Losses From Record Crypto Hack

Key Highlights Binance identified multiple exploit vectors starting from a compromised DevOps engineer’s laptop, though the exchange maintains that wallet private keys were not stolen. Blockchain analytics firms Chainalysis and TRM Labs attributed the high-speed attack with high confidence to North Korea’s cybercrime syndicate. Investigators discovered unprecedented laundering tactics, characterized by automated scripts, cyclical multi-wallet ...