Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.
TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
Strategy’s preferred-stock fix sets up renewed bitcoin buying, analysts say
Strategy fell after Q3 earnings, but StoneX & TD Cowen kept buy ratings, citing $4.83B cash reserve and more stable STRC preferred structure.
Who’s Next? OneKey CEO Warns Hackers Will Target Blackrock’s Bitcoin ETF
Yishi Wang, founder and CEO of hardware wallet company OneKey, suggested that North Korean hackers could be eyeing another major target after Binance was ransacked: BlackRock’s…
What is EIP-7702? The Ethereum Upgrade Behind the $6.4B Binance Hack
EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here's how it works.