$6.3bn Cyberhack:Experts Link North Korea To Binance Crypto Heist

North Korea’s growing involvement in cryptocurrency theft has come under renewed scrutiny following the $6.3 billion cyberattack on global cryptocurrency exchange Binance, with cybersecurity experts warning that proceeds from the operations are helping to finance the country’s nuclear and military programmes.
Investigations by blockchain intelligence firms, TRM Labs and Chainalysis, have linked the record-breaking theft to TraderTraitor, a North Korean hacking group regarded as one of the country’s most sophisticated cybercrime units.
The group is believed to have developed extensive capabilities in targeting cryptocurrency platforms, financial institutions and technology companies, u...