Blockchain analysis firm TRM says North Korea behind Binance crypto theft

(Catch all the Technology News News, and Latest News Updates on The Economic Times.) SynopsisNorth Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.

"An attacker moved approximately $6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes," TRM Labs said in a blog post on its website. "TRM attributes the attack to TraderTraitor, North Korea's elite hacking unit, based on robust on and off-chain intelligence.

We make this judgment with high confidence." Read more news onbinance hackBlockchaincryptobinancecrypto hack (Catch all the Technology News News, and Latest News Updates on The Economic Times.) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.

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