Binance Faces Fallout After Record $6.3bn Crypto Hack

Binance Faces Fallout After Record $6.3bn Crypto Hack

Binance is battling to save its brand after a $6.3bn hack, likely by North Korean attackers, who infiltrated an engineer's laptop and drained wallets. The exchange has frozen about half the targeted funds and pledged to cover all losses, but users withdrew a net $3.6bn amid anger and fear.

Source: theguardian.com

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