Annanim News
Now
Defense techPeru's navy ran acceptance tests at IAI of the Barak system for its new frigatesChips & hardwareTachyum, which promised the universal Prodigy processor, files for bankruptcyDefense techDrone maker XTEND lays off about 10% of staff, two months after its New York listingChips & hardwareRaspberry Pi raises the price of its 16GB model to $385 because of memory costsRoboticsReport: Apple aims to launch a roaming home robot for about $1,000 in 2027Geopolitics & techPutin orders private data centers in Russia to reserve 10% of capacity for the stateRegulation & businessBYD sold more than 300,000 electric cars in October, a monthly recordCybersecurityFBI: North Korean hackers are behind the $6.3 billion Binance theftCybersecuritySynology warns of a wave of C3RB3R ransomware attacks on unpatched NAS devicesRegulation & businessThe New York Times sues Brave, alleging it scraped its content and sold it to AI companiesSpace, satellites & commsChina publishes a timeline for a crewed Moon landing before 2030ChinaChina Watch: CXMT bets on a new DRAM architecture to get around US curbsCybersecurityGoogle dismantles a 1.3 million-device TV box botnet and blames the maker for planting the malware

Originally published:

FBI: North Korean hackers are behind the $6.3 billion Binance theft

The FBI formally attributed the breach of crypto exchange Binance to the North Korean group TraderTraitor and published 628 crypto addresses linked to the theft, the largest on record in crypto.

FBI: North Korean hackers are behind the $6.3 billion Binance theft
Image: BleepingComputer (opens the source site in a new tab)

The FBI said in an alert published on Saturday that North Korea was responsible for the theft of more than $6 billion in virtual assets from crypto exchange Binance on or about October 29. According to BleepingComputer, the agency attributed the attack to TraderTraitor, a group also tracked as Lazarus Group and APT38. Blockchain intelligence firms TRM Labs and Chainalysis had already linked the theft to the group.

According to the updated figures, the attackers stole about $6.36 billion across ten blockchains, with most of the funds moved within 20 minutes. Early reports, which we covered on October 30, put the figure at about $5.6 billion. Binance linked the breach to a compromised DevOps engineer's laptop, which gave the attackers access to a service container from which they submitted unauthorized withdrawals.

The FBI expects the group to convert the assets mainly into Ethereum and launder them through DeFi platforms and instant swap services. Together with the Secret Service and IRS Criminal Investigation, the agency published 628 crypto addresses tied to the theft and asked exchanges, blockchain operators and virtual asset service providers to block transactions linked to them.

Sources

Topics

Install the app

In Safari: tap the Share button, then “Add to Home Screen”.