1 hour ago

Binance Hack Linked to North Korea’s Lazarus Group as Crypto Liquidations Top $1.5 Billion

TLDR TRM Labs linked the $6.3 billion Binance hack to North Korea’s TraderTraitor unit, part of the Lazarus Group. Most stolen funds moved across ten blockchains in about 20 minutes on October 29. Tether and Circle froze about $2.4 billion in stablecoins, and Binance reported $3 billion frozen in total. Binance pledged to cover losses [...]

The post Binance Hack Linked to North Korea’s Lazarus Group as Crypto Liquidations Top $1.5 Billion appeared first on Blockonomi.

Source: Blockonomi →