cryptocurrency

FBI Names North Korea as the Thief but Binance Still Cannot Explain the Theft

The FBI has formally named North Korea for the US$6.3 billion Binance theft, the largest in history, confirming an attribution the tradecraft already pointed to. One question is answered. How the attacker turned Binance’s own signing systems against it is not.

North Korea Drained Binance of US$6.3 Billion in a Mere Twenty Minutes

North Korea stole US$6.3 billion from Binance in roughly twenty minutes, the largest cryptocurrency theft in history. No private key had to leak. The attacker seized the machinery turning Binance’s intent into valid signatures, and ten blockchains moved as one.