North Korea laundering Binance billions
Digest more
Binance's postmortem says the attackers behind its record $6.34 billion theft used one of the exchange's own internal AI tools to move deeper into its systems. Mace AI co-founder Walton Comer explains how that happens,
The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets.
The Binance hack highlights, yet again, how important internal controls are for crypto exchanges The cryptocurrency industry has spent years promoting blockchain technology as more transparent, more secure,
Binance co-CEO Richard Teng reveals Binance used dedicated reserve funds to cover the massive North Korea-linked crypto theft, with 98% of assets already replenished.
Lessons from the $6.3 billion Binance hack could help shape the next phase of the crypto infrastructure trade.
(Corrects paragraph 4 to $2.61 trillion from billion) By Amanda Cooper and Jiaxing Li LONDON/HONG KONG, Nov 4 (Reuters) - Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections,
