Binance says it will cover all losses from the hack, with roughly $3 billion in affected assets frozen, AP reports. Withdrawals remain suspended; the exchange expects them to resume within a day or two. TRM estimates approximately USD 6.36 billion left Binance wallets and attributes the attack to North Korea’s TraderTraitor unit with high confidence. Binance has not confirmed the attackers’ identity. Its investigation has uncovered additional breach points beyond the initially suspected compromised laptop.
Related currencies / asset groups: crypto
AP reports that Binance promised to cover all losses and said roughly $3 billion in affected assets had been frozen.
apnews.comTRM estimates approximately USD 6.36 billion left Binance wallets across ten blockchains, mostly within about 20 minutes, AP reports.
apnews.comTRM attributes the attack to North Korea’s TraderTraitor with high confidence; Binance says it is working with law enforcement to confirm the criminals’ identity.
apnews.comBinance says deposits were unaffected, withdrawals remain suspended and it expects withdrawals to resume within a day or two, according to AP.
apnews.comBinance says its investigation uncovered additional breach points beyond a suspected compromised laptop and reports no evidence of a wallet private key leak.
apnews.comLimitation: Binance has not confirmed the attackers’ identity; its technical investigation remains incomplete.
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