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What we know about the Binance hack:
- Binance says the estimated total impact is around $6.3 billion and the verified total value of crypto frozen is $3 billion. This could increase as investigators trace additional assets.
- Binance says deposits are operating normally, and withdrawals are expected to resume within 48 hours.
- Assets frozen include Tether USDt (USDT), USDC (USDC), Ripple USD (RLUSD), World Liberty Financial USD (USD1), StraitsX USD (XUSD), USDT0 (USDT0), Wrapped Beacon ETH (WBETH), Tether Gold (XAUT), Pax Gold (PAXG), Pax Dollar (USDP) and Arbitrum (ARB).
- Cybersecurity analysts suspect North Korea’s TraderTraitor is behind the attack.
Oct. 30 at 05:01 am UTC
Analysts suspect North Korean group behind Binance hack
Chainalysis co-founder and CEO Jonathan Levin said the Binance hack was likely carried out by North Korean hacking group TraderTraitor, citing links to a previous hack.
In a post on X, Levin put the theft at $6.4…
