Attackers associated with North Korea drained approximately $6.4 billion from Binance in the largest cryptocurrency exploit to date. The breach targets the world's largest exchange, leaving the industry focused on security vulnerabilities and incoming responses.
Binance Suffers Record $6.4 Billion Hack Linked to North Korea
Binance announced that 90% of the funds lost in the recent historic cyberattack have been successfully replenished. The exchange continues to take steps toward mitigating damages for impacted users.
Binance confirms that 90% of hacked funds are now covered as the platform prepares to reopen customer withdrawals. The proactive fund recovery efforts aim to restore ecosystem trust following the major exploit.
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