From Axios · · 1m
North Korean Hackers Steal $6.3 Billion from Binance
North Korean hackers stole $6.3 billion from Binance using AI-powered attacks in record time.
In brief
North Korean hackers stole $6.3 billion from Binance using AI-powered attacks in record time. North Korean hackers stole $6.3 billion from Binance through AI-enhanced cyberattacks, freezing $3 billion of assets. Originally reported by Axios.
The $6.3 Billion Heist
North Korean hackers stole $6.3 billion from Binance using AI-powered attacks in record time.
Binance Freezes $3 Billion
Binance said its blockchain partners froze at least $3 billion of the stolen assets on-chain.
TraderTraitor Linked to North Korea
Blockchain firms tied the hack to TraderTraitor, a group linked to North Korea's Lazarus Group.
Self-Destruct Mechanism Used
Binance co-CEO Richard Teng said attackers used a self-destruct mechanism to destroy tooling and traces.
Years of Cyberattacks
North Korean hackers have spent over a decade conducting financial heists and cyberattacks.
AI-Powered Speed
Hackers completed the heist in 20 minutes using automation, destroying evidence at unprecedented speed.
The essence
North Korean hackers stole $6.3 billion from Binance through AI-enhanced cyberattacks, freezing $3 billion of assets.
