A closer look at “TRM and Chainalysis Link $6.4B Binance Hack to North Korea's TraderTraitor Group”, exactly as the source publishes it. Blockchain intelligence firms TRM Labs and Chainalysis have attributed the recent $6.4 billion hack of Binance to TraderTraitor, the North Korean state-sponsored group also responsible for the Bybit breach. The incident marks one of the largest cryptocurrency exchange thefts to date, underscoring th The incident marks one of the largest cryptocurrency exchange thefts to date, underscoring the escalating threat from Pyongyang-linked cyber operations.
Binance has confirmed it set aside $6.34 billion of its own funds to cover user losses, a move aimed at maintaining trust and solvency following the attack. The hack highlights the growing sophistication of North Korean cybercriminals, who have increasingly targeted centralized exchanges to fund the regime. As investigations continue, the crypto industry faces renewed pressure to bolster security and collaborate with law enforcement to counter state-sponsored theft. The full version stays on the original page, which this listing opens directly.