Binance reports record $6.3 billion security breach linked to North Korea
Cryptocurrency exchange Binance suffered a security breach impacting an estimated $6.3 billion in assets, making it potentially the largest crypto heist in history. In response to the hack, Binance halted withdrawals, and the company stated it had recovered or frozen about $3 billion while intelligence firms and analysts linked the attack to North Korea.
- An estimated $6.3 billion was impacted in the Binance security breach.
- Binance halted withdrawals following the incident.
- Intelligence firms and analysts attributed the hack to North Korea.
- France 24 reported that Binance recovered or frozen about $3 billion, while the Japan Times noted that Binance said it would cover the losses.
How coverage differs: Japan Times reported that cryptocurrency prices fell on the news and that Binance stated it would cover the losses, details not mentioned by the other outlets.
No right-leaning outlets in our sources covered this story.
Read the sources (8)
- Al Jazeera — FBI blames North Korea for record $6.3bn crypto heist from Binance Lean Left
- Japan Times — FBI blames North Korea for $6 billion Binance crypto hack Center
- The Guardian — Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack Lean Left
- BBC — Crypto firm Binance covers 90% of losses after $6.3bn hack Center
- CBS News — 6.3 billion Binance hack likely work of North Korea, experts say Lean Left
- Deutsche Welle — FBI says North Korea behind $6 billion Binance crypto theft Center
- New York Times — North Korean Hackers Stole Billions, the F.B.I. Says. It’s Not Their First Heist. Lean Left
- France 24 — Binance hit by 6.3 billion dollar crypto theft Center