{
  "id": 17914461,
  "title": "Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key",
  "url": "https://urgent.news/2026/11/03/arbitrums-council-moved-30-million-of-binance-hack-funds-without-the",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-03T05:25:12.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/tech/2026/11/03/arbitrum-s-council-moved-usd30-million-of-binance-hack-funds-without-the-hacker-s-key"
  },
  "original_language": "en",
  "account": null,
  "summary": "A 12-person committee briefly rewrote a core Arbitrum contract to spend funds from an address for which it held no key, before returning the code to its original state. According to CoinDesk, this is the second time this has occurred this year.\n\nThe incident follows a $6.3 billion attack on Binance's internet-connected hot wallets last week, in which attackers moved most funds in approximately 20 minutes, according to Cointelegraph. While the FBI stated a North Korea-affiliated hacking group called TraderTraitor was behind the theft, North Korea has rejected these U.S. allegations. CNBC reports that North Korea denied the links as blockchain researchers traced the stolen cryptocurrency across networks.\n\nRTE News reports that Kim Yo Jong, sister of leader Kim Jong Un, called the FBI's claims absurd rhetoric and a grave political provocation. Following the hack, South Korea's Financial Services Commission held an emergency meeting to review security measures and urged domestic exchanges to increase the proportion of assets held in offline cold wallets.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Decrypt",
        "title": "North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds",
        "url": "https://urgent.news/2026/11/02/north-korea-is-laundering-binance-hack-loot-at-one-new-wallet-every",
        "published": "2026-11-02T18:46:03.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "North Korea slams FBI allegations over Binance hack as 'grave' provocation",
        "url": "https://urgent.news/2026/11/02/north-korea-slams-fbi-allegations-over-binance-hack-as-grave",
        "published": "2026-11-02T22:12:00.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "Sister of North Korea’s Kim slams FBI’s Binance hack allegations as ‘grave’ provocation",
        "url": "https://urgent.news/2026/11/02/sister-of-north-koreas-kim-slams-fbis-binance-hack-allegations-as",
        "published": "2026-11-02T23:40:37.000Z"
      },
      {
        "outlet": "ABC News (US)",
        "title": "North Korea denies involvement in Binance hack, criticizes FBI probe",
        "url": "https://urgent.news/2026/11/03/north-korea-denies-involvement-in-binance-hack-criticizes-fbi-probe",
        "published": "2026-11-03T00:56:43.000Z"
      },
      {
        "outlet": "The Economic Times",
        "title": "North Korea denies $6 bn Binance hack involvement",
        "url": "https://urgent.news/2026/11/03/north-korea-denies-6-bn-binance-hack-involvement",
        "published": "2026-11-03T01:28:12.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "South Korea urges exchanges to boost cold storage after Binance hack",
        "url": "https://urgent.news/2026/11/03/south-korea-urges-exchanges-to-boost-cold-storage-after-binance-hack",
        "published": "2026-11-03T01:32:39.000Z"
      },
      {
        "outlet": "The Hindu - Sci-Tech",
        "title": "As Binance reopens withdrawals, North Korea denies hacking exchange",
        "url": "https://urgent.news/2026/11/03/as-binance-reopens-withdrawals-north-korea-denies-hacking-exchange",
        "published": "2026-11-03T04:49:35.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "North Korean hackers expected to take months to launder stolen Binance billions",
        "url": "https://urgent.news/2026/11/03/north-korean-hackers-expected-to-take-months-to-launder-stolen",
        "published": "2026-11-03T05:00:13.000Z"
      },
      {
        "outlet": "The Hankyoreh",
        "title": "North Korea slams US for ‘trite provocation,’ denies responsibility for Binance hack",
        "url": "https://urgent.news/2026/11/03/north-korea-slams-us-for-trite-provocation-denies-responsibility-for",
        "published": "2026-11-03T06:19:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}