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Compromised laptop could be to blame for record $6.3 billion cryptocurrency heist: Binance rushes to freeze stolen assets as experts blame North Korean group

A DevOps engineer's compromised laptop may have been the first domino to fall in this record-breaking heist.

Compromised laptop could be to blame for record $6.3 billion cryptocurrency heist: Binance rushes to freeze stolen assets as experts blame North Korean group

A $6.3 billion cryptocurrency heist, the largest ever recorded, may have been carried out through the compromised laptop of a Binance engineer, according to experts. The attack targeted Binance, the world's largest cryptocurrency exchange, and resulted in stolen sums of cryptocurrencies including Ethereum, Bitcoin, Solana, and XRP, totaling approximately $6.3 billion. Binance has worked with blockchain partners to freeze around $3 billion of the stolen assets, leaving $3.3 billion unaccounted for.

Binance founder Changpeng Zhao suggested that user funds would be fully covered, but the exchange confirmed it would cover all losses through its SAFU fund and company funds. User funds are reportedly safe. Binance has temporarily suspended deposits and withdrawals, revoked affected address authorizations, and engaged law enforcement and blockchain intelligence partners to trace and recover funds.

The company is working closely with law enforcement to confirm the identity of the hackers, suspected to be a North Korean hacking group called TraderTraitor.

Written by urgent.news from PC Gamer's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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