Big Tech and the digital economy
Binance Suffers $6.3 Billion Hack in 20-Minute Heist Linked to North Korean Group TraderTraitor
Cryptocurrency exchange Binance was hit by a massive breach on October 29, resulting in the theft of approximately $6.3 billion in digital assets within just 20 minutes. Multiple tracing firms attribute the attack to the North Korean hacking group TraderTraitor, noting that while about half the funds have been frozen, billions remain unrecoverable.